by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News, Technology
CHENNAI: WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space. No fee...
by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI: Indian Prime Minister Narendra Modi urged global investors on Thursday to invest in the country’s infrastructure and manufacturing sector as his government aims to bolster the economy amid some signs of recovery. After contracting 23.9% in the...
by AIP Online Bureau | Nov 5, 2020 | International News, Non-Life, Reinsurance, Technology
London: Today, Lloyd’s of London published its second blueprint- Blueprint Two, which aims to deliver significant operational efficiencies, making it simpler and more efficient for market participants to trade, with an estimated aggregate reduction...
by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
NEW DELHI: India raced ahead with work on its coronavirus vaccine while Britain’s AstraZeneca said its deliveries were running “a little bit late” as countries around the world sought to conquer the pandemic and rescue their economies.A vaccine is...
by AIP Online Bureau | Nov 5, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
LONDON/BRUSSELS: A group of European development finance institutions (DFIs) managing $50 billion said on Thursday they planned to stop lending money to fossil fuel projects by the end of the decade. The Association of European Development Finance Institutions...
by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Hyderabad: The insurance regulator IRDAI has prepared a set of draft regulations for providing compensation to the shareholders whose rights against the acquiring insurer stand reduced in case of amalgamation after any merger and...
by AIP Online Bureau | Nov 5, 2020 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management
Hyderabad: The insurance regulator IRDA has constituted a panel, with .R Chandrasekaran, former secretary general of General Insurnace Council, as its chairperson, to revisit the engineering products (which are as per the erstwhile tariffs) for...
by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Policy
NEW YORK: Insurers in US appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said...
by AIP Online Bureau | Nov 5, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Washington: Democratic presidential candidate Joe Biden has pledged that his administration would rejoin the historic Paris Agreement on climate change. Biden, 77, has not won the presidential elections yet, but is inching closer to be declared the winner by garnering...
by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance
Singapore: Rising US-China trade tensions and the sudden appearance of COVID-19 has triggered a slow shift towards improving the resilience of the global supply chain over the past few years and estimates by the Swiss Re suggest the emerging parallel supply...
