by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
LONDON: Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector’s post-coronavirus...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Indian News, Technology
NEW DELHI: Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its “mini app store” by the first quarter of 2021, it said on Thursday, seeking to challenge the dominance of Alphabet’s Google in India’s mobile web...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
The World Health Organization reported a record one-day increase in global coronavirus cases on Thursday, with the total rising by 338,779 in 24 hours led by a surge of infections in Europe.Europe reported 96,996 new cases, the highest total for the region ever...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
NEW DELHI: Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity lives suffers its worst-ever recession due to the devastating impact of the coronavirus pandemic, the World Bank said on Thursday. The...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life
Hyderabad: A panel of experts, constituted by the insurance regulator IRDAI, has recommended setting up of stand alone micro insurance companies with a capital base of Rs 20 crore. Among other issues,the panel headed by Mirai Chatterjee,...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Indian News, Risk Management
New York: Manipal Global Education Services and RIMS, the risk management society®, have entered into an agreement to strengthen risk management education opportunities in India. The collaboration offers the only accredited risk management certification in...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, International News, Non-Life
SEOUL: Hyundai Motor Co will voluntarily recall its Kona electric vehicles as a possible short circuit due to what may be faulty manufacturing of its high-voltage battery cells could pose a fire risk, South Korea’s transport ministry said on...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
WASHINGTON: Saudi diplomats, Sikh separatists and Indian business executives have been among those targeted by a group of hired hackers, according to research published on Wednesday by software firm BlackBerry Corp BB.BA. The report on the group, known publicly...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Health, International News, Risk Management, Technology
A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used “killer acquisitions” to smite rivals, charged exorbitant fees and forced small businesses into “oppressive”...
by AIP Online Bureau | Oct 8, 2020 | Eco/Invest/Demography, Facts, Technology
ROME/MILAN: Italy’s love affair with cash is fading. The coronavirus is turning Italians off notes and coins and the government is launching a raft of incentives to accelerate the trend, believing plastic payment can curb rampant tax evasion.The Treasury...
