by AIP Online Bureau | Jul 22, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
YANGSHUO, China: The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in a collapse that could be a harbinger of sterner tests for many of the country’s 94,000 aging dams as the weather gets...
by AIP Online Bureau | Jul 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Paris: The French government is looking at ways to shield companies from the impact of future pandemics. The goal is to protect companies and jobs from the damage that major events such as pandemics can cause, Finance Minister Bruno Le Maire said in a...
by AIP Online Bureau | Jul 22, 2020 | Indian News, Life
Mumbai: Even as, Covid-19 pandemic and the resulting lockdown deeply affecting the life insurers' performance,ICICI Prudential Life Insurance has recorded a 0.9 per cent year-on-year(y-o-y) rise in net profit to Rs 288 crorte in Q1-FY2021. The...
by AIP Online Bureau | Jul 22, 2020 | Indian News, Life
Mumbai: Amidst Covid-19 Pandemic,HDFC Life's net profit grew by 6 per cent year-on-year (Y-O-Y) to Rs 451 crore in June quarter. The company's total premium has plunged by 10 per cent y-o-y to Rs 5863 crore in Q12020-21.While its new business premium...
by AIP Online Bureau | Jul 21, 2020 | Uncategorized
New York: American International Group Inc(AIG).today announced that it will relocate its global headquarters in New York City to 1271 Avenue of the Americas, where it will occupy 8 floors and 325,000 square feet. The Company will also consolidate its...
by AIP Online Bureau | Jul 21, 2020 | Indian News, Life
Mumbai: Despite Covid-19 pandemic and lockdown hindrances, SBI Life, the life insurance subsidiary of the State Bank of India,has seen its net profit rising by five per cent year-on-year to Rs 390 crore in the June quarter. The listed life insurer,though has...
by AIP Online Bureau | Jul 21, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Hyderabad The insurnace regulator,IRDAI,has allowed the insurers to offer standard group policies under the same name “Corona Kavach” provided that all the terms and conditions of the standard policy are retained except for the premium which is to...
by AIP Online Bureau | Jul 21, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Risk Management, Technology
WASHINGTON: The U.S. Justice Department on Tuesday indicted two Chinese nationals over their role in what the agency called a decade-long cyber espionage campaign that targeted defense contractors, COVID researchers and hundreds of other victims worldwide. U.S....
by AIP Online Bureau | Jul 21, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
New Delhi: The government's cybersecurity agency has warned Google Chrome users in the country to immediately upgrade to the new Chrome browser version to avoid remote hackers from intruding into their machines. Google has released Chrome 84.0.4147.89 upgrade that...
by AIP Online Bureau | Jul 21, 2020 | Eco/Invest/Demography, Facts, Risk Management
NEW DELHI: The count of registered companies in the country stood at over 20 lakh at the end of June, while more than 7.4 lakh have been closed due to various reasons, according to official data. The latest data from the corporate affairs ministry also showed...