by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, International News, Non-Life
LONDON: The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over which insurance companies should offer payouts to small businesses battered by the coronavirus pandemic. The hearing is expected to last four...
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
Pilot unions and families of those killed in a crash of Boeing Co.’s 737 Max are asking for revisions to proposed new training for the grounded jetliner. The Federal Aviation Administration’s proposed new training module and emergency checklists for the...
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, International News
London: Britain has raised its terror threat level to severe, its second-highest level, following recent attacks in Austria and France. The threat level of severe is defined as an attack is considered highly likely. The level had previously been at substantial,...
by AIP Online Bureau | Nov 3, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
New Delhi: The Finance Ministry on Tuesday said that there has been no increase in service charges by any public sector bank even as Bank of Baroda decided to withdraw changes made with regard to the number of free cash deposit transactions in a bank account...
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: The International Union of Marine Insurance (IUMI) has released its 2020 analysis of the global marine insurance market – known as IUMI Stats.The report presents a range of statistical data from a variety of sources, including IUMI’s own...
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, International News
HONG KONG: Ant Group’s $37 billion listing has been suspended in both Shanghai and Hong Kong in a dramatic move just two days before what was set to be the world’s largest-ever stock market debut. The Shanghai stock exchange first announced that it...
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
TOKYO: Signs that people are moving away from Tokyo, as telecommuting becomes the norm for many business amid the COVID-19 pandemic, have put property investors on edge and pushed Japan’s real estate investment trust (REIT) index to five-month lows.Although...
by AIP Online Bureau | Nov 3, 2020 | Banking & Bancassurance, Indian News, Non-Life
Mumbai: ON.Singh has stepped down as non-executive chairman, Universal Sompo General Insurance Company from today.The Board of Directors accepted his resignation during the board meeting today. He has been associated with the company since its inception....
by AIP Online Bureau | Nov 3, 2020 | Eco/Invest/Demography, Health, Indian News
Mumbai: Mumbai-based early stage VC Fund house Unicorn India Ventures has announced its 5th investment from Rs 400 crore Fund II in Fedo, a Bangalore – based cutting edge Insuretech player for the new generation which has built an AI/ML platform that...
by AIP Online Bureau | Nov 2, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
MUMBAI: India recorded 38,310 new coronavirus infections in the last 24 hours, taking its tally to 8.27 million, health ministry data showed on Tuesday. It was the ninth straight day that infections numbered fewer than 50,000, as cases have dipped from a September...
