by AIP Online Bureau | Jan 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: At least 10,349 people working in the farm sector ended their lives in 2018, accounting for 7.7 per cent of the total number (1,34,516) of suicides in the country, according to the National Crime Records Bureau (NCRB). The 2018 figure is less...
by AIP Online Bureau | Jan 9, 2020 | Health, Indian News, Non-Life, Regulation
Mumbai: HDFC Limited, has completed the acquisition of 50.80 per cent share of Apollo Hospitals Group, in Apollo Munich Health Insurance Company Ltd. (Apollo Munich) for Rs 1,485.14 crore and 0.36 per cent shareholding held by employees for Rs 0.67 crore. ...
by AIP Online Bureau | Jan 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
New Delhi: India plans to amend proposed rules for policing digital content so the toughest measures apply only to big social media firms, two government sources told Reuters, in a move that could give relief to other tech players fearful of the new...
by AIP Online Bureau | Jan 9, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
WASHINGTON/London/BAGHDAD/DUBAI: President Donald Trump on Wednesday tempered days of angry rhetoric and suggested Iran was “standing down” after it fired missiles at U.S. forces in Iraq, as both sides looked to defuse a crisis over the U.S. killing...
by AIP Online Bureau | Jan 9, 2020 | International News, Non-Life
DUBAI : A Ukrainian airliner was on fire immediately before it crashed southwest of Tehran, killing all 176 on board, according to an initial report by Iranian investigators. The Ukrainian International Airlines Boeing 737-800, flying to Kiev and carrying mostly...
by AIP Online Bureau | Jan 8, 2020 | Indian News, Non-Life, Reinsurance
Mumbai: Markel International, the specialist insurer, has appointed Anirudh Singh as India chief underwriting officer effective from December 24, 2019, highlighting Markel’s commitment to growing its presence in Asia. Anirudh will work closely with...
by AIP Online Bureau | Jan 8, 2020 | Eco/Invest/Demography, International News, Policy, Regulation, Technology
Washington: The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach,” and said it wants European officials to likewise avoid...
by AIP Online Bureau | Jan 8, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Munich: According to Munich Re, in 2019 ,globally 820 natural catastrophes caused overall losses of US$ 150bn, which is broadly in line with the inflation-adjusted average of the past 30 years. A smaller portion of losses was insured compared with 2018:...
by AIP Online Bureau | Jan 8, 2020 | Uncategorized
London: Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The...
by AIP Online Bureau | Jan 8, 2020 | International News, Non-Life, Reinsurance, Risk Management
London: Britain’s markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and improve diversity, or risk losing their jobs. The warning follows last year’s admission by Lloyd’s of...
