by AIP Online Bureau | Oct 20, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
New Delhi: Agriculture Insurance Company of India (AIC) and India Post Payments Bank (IPPB) have signed a Corporate Agency Agreement for distribution of AIC’s Crop Insurance products through the vast postal network of nearly 1.55 lakh post offices...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
London: Britain’s data protection watchdog said it has fined British Airways 20 million pounds – its biggest such penalty to date – for failing to protect data that left more than 400,000 of its customers’ details the subject of a 2018...
by AIP Online Bureau | Oct 19, 2020 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
London: Current rules on company disclosures to help markets price in risks from climate change will become mandatory, a senior Bank of England official said on Friday. It is the latest push in the financial sector to harmonize standards globally so that investors can...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Risk Management, Technology
Hyderabad: The insurance regulator IRDAI has formed a panel with P. Umesh, consultant-liability insurance as its chairman, to examine the need for a standard Cyber Liability Insurance product in the country and recommend the scope of the cyber...
by AIP Online Bureau | Oct 19, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Instead of Insurance industry handling alone, a mechanism is required wherein the banking sector and the insurance sector could collaborate for sharing of customer information since banks have more experience in managing these types of risks, suggested the panel...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, International News, Pandemic, Risk Management
PARIS: A campaign by coronavirus-stricken aviation giants to persuade the world it's safe to fly has been questioned by one of the scientists whose research it draws upon. Dr David Freedman, a U.S. infectious diseases specialist, said he declined to take...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
MUMBAI At least half of India’s 1.3 billion people are likely to have been infected with the new coronavirus by next February, helping slow the spread of the disease, a member of a federal government committee tasked with providing projections said...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: Food regulator FSSAI on Monday said its Food Safety Compliance System (FoSCoS) will become operational in the entire country from November 1. The system is operational in nine States/UTs — Tamil Nadu, Delhi, Gujarat, Odisha, Chandigarh, Goa,...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
BEIJING: China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand. Gross domestic product...
by AIP Online Bureau | Oct 19, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The number of new coronavirus infections reported daily in India dropped below 60,000 for the second time this month, while the number of new fatalities registered across the country dipped below 600 almost after three months, the Union Health...
