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Truecaller identifies 29.7 bn spam calls, 8.5 bn spam SMS in India in 2019

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology

  New Delhi: Caller identification app Truecaller on Wednesday said it identified 29.7 billion spam calls and 8.5 billion spam SMS for its users in India last year. The Swedish company has also rolled out a new spam activity indicator for Android phone users that...

General insurers sell 7,50,000 Covid-19 policies covering 1.28 mn lives, earn a premium of Rs 215 crore:Alamelu

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  NEW DELHI: To promote the use of Artificial Intelligence*(AI) in the sector,TL Alamelu,member, Non-Life, IRDAI, on Wednesday said, IRDAI is planning to come out with a regulatory sandbox for fintechs and insurance companies for bringing...

Taiwan to further free up economy, aiming to become Asian financial hub

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, International News, Policy, Regulation

  TAIPEI:  Taiwan will further liberalise its economy and offer more financing products, aiming to become an Asian financial and asset management hub, President Tsai Ing-wen said on Wednesday, pitching the island at a time of turmoil in next-door Hong Kong....

On Facebook, health-misinformation ‘superspreaders’ rack up billions of views: report

by AIP Online Bureau | Aug 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

Misleading health content has racked up an estimated 3.8 billion views on Facebook Inc over the past year, peaking during the COVID-19 pandemic, advocacy group Avaaz said in a new report here on Wednesday. The report found that content from 10...

Retail to insurance: Amazon, Ambani’s Jio prep for ‘one fierce battle’

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Indian News, Intermediaries

New Delhi: Amazon.com Inc. has begun making forays into everything from grocery delivery and insurance to drugs in India, setting up a monumental clash with Mukesh Ambani’s hard-charging Jio Platforms. The US giant is fanning out at a pace not seen elsewhere in...

COVID-19 Pandemic:Insurance Shield for the medical fight

by AIP Online Bureau | Aug 19, 2020 | Articles, Disaster & Management, Eco/Invest/Demography, Health, Life, Pandemic

  In the fight against COVID-19, the search for a vaccine is a major international effort. In addition to trying to find a vaccine for the virus, drug companies also are working to find medical treatments that could alleviate some of the symptoms of the virus and...

Aon launches its virtual reinsurance renewal season

by AIP Online Bureau | Aug 19, 2020 | Disaster & Management, Eco/Invest/Demography, International News

  London: Aon plc launcheed its Virtual Reinsurance Renewal Season, calling for the re/insurance industry to collaborate to bring capital closer to clients' needs and drive growth across the global insurance ecosystem. Andy Marcell, CEO of Aon's...

18.9 mn salaried people lost jobs since April, 5 mn in July, says CMIE

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Indian News, Risk Management

Mumbai: The number of salaried people losing their jobs amid the coronavirus pandemic has surged to 18.9 million since April, with around 5 million jobs lost last month, according to data from the Centre for Monitoring Indian Economy (CMIE). The loss of around 5...

Reliance buys majority stake in online pharmacy Netmeds for $83 million

by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Health, Indian News, Technology

BENGALURU: Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in India. The oil-to-telecoms...

India’s COVID-19 tally climbs to 27,67,273,death toll at 52,889

by AIP Online Bureau | Aug 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi:  With 64,531 people testing positive in a day, India's COVID-19 tally climbed to 27,67,273 on Wednesday, while the recoveries crossed the 20-lakh mark pushing the recovery rate to 73.64 per cent, according to the Union Health Ministry data. The...
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