by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, Indian News, Life, Regulation
Hyderabad: The insurance regulator IRDAI, on Tuesday, has formed a working group(WG), to be led by Dinesh Pant, appointed actuary of Life Insurance Corporation(LIC), to examine various aspects of Index Linked products in life Insurance segment...
by AIP Online Bureau | Sep 1, 2020 | International News, Non-Life
Australia's QBE Insurance Group said on Tuesday Chief Executive Officer Patrick Regan would leave the company after three years in the role, following an investigation that found he had fallen short of its ethics and conduct standards. Regan is departing...
by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the U.S. government warned on Wednesday. A technical cybersecurity alert jointly written by four different federal agencies,...
by AIP Online Bureau | Sep 1, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
NEW DELHI: India’s economy shrank by nearly a quarter in April-June, much more than forecast and pointing to a longer than previously expected recovery with analysts calling for further stimulus.Consumer spending, private investments and exports all...
by AIP Online Bureau | Sep 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: With 69,921 people testing positive for coronavirus infection, India's COVID-19 tally mounted to 36,91,166, while recoveries surged to 28,39,882 on Tuesday pushing the recovery rate to 76.94 per cent, according to the Union Health Ministry data. The...
by AIP Online Bureau | Sep 1, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
BERLIN: German Chancellor Angela Merkel said on Friday that global efforts to combat climate change were insufficient, and that she would accelerate the fight to combat it in coming years. At a news conference, she said the European Union needed to adjust the climate...
by AIP Online Bureau | Aug 31, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Risk Management
FRANKFURT:: The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board member Isabel Schnabel...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Facts, Non-Life, Risk Management, Technology
The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. The National Highway Traffic Safety Administration was scheduled to roll out the free app for both Android and Apple phones...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board placed partial blame for a fatal 2018 crash on the company’s policies. The company made the pledge in an update to...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Indian News, Life, Pandemic
Mumbai: Life insurers including state owned Life Insurance Corporation(LIC) are strengthening their digital platforms for better customer connect duiring Covid-19 pandemic. The LIC,which will be celebrating 65th foundation day on 1st...