by AIP Online Bureau | Dec 5, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
MUMBAI: The Reserve Bank of India (RBI) kept its key lending rate on hold in a surprise decision on Thursday, despite a worrying slowdown in the country that prompted the central bank to sharply reduce its economic growth forecast to 5% for the year through...
by AIP Online Bureau | Dec 5, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Singapore: A survey of 41 major corporations by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, found that 61% believe political risk levels increased in 2019. Disruption of international trade was considered the...
by AIP Online Bureau | Dec 5, 2019 | Eco/Invest/Demography, Indian News
New Delhi: India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation...
by AIP Online Bureau | Dec 5, 2019 | International News, Non-Life, Reinsurance, Risk Management
LONDON/RIYADH: Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the world’s largest oil company, has been...
by AIP Online Bureau | Dec 4, 2019 | Eco/Invest/Demography, Facts, Technology
India has ranked 73rd out of 152 countries in a business-to-consumer E-commerce index that measures an economy's preparedness to support online shopping, moving seven places up in the list. The United Nations Conference on Trade and Development's...
by AIP Online Bureau | Dec 4, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Global carbon emissions has grown more slowly in 2019 compared to last year, according to a study which suggests this could be due to several factors, including slower growth in coal use in China and India compared to recent years. The study, published in the...
by AIP Online Bureau | Dec 4, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi: The government on Wednesday approved the Personal Data Protection Bill that will spell out a framework for handling of personal data including its processing by public and private entities. The decision was taken at a Cabinet meeting headed by Prime...
by AIP Online Bureau | Dec 4, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Railways have been spending an additional Rs 22,000 crore on salaries and pensions of its employees following implementation of the 7th Pay Commission recommendations, which has hit its financial health, Railway Minister Piyush Goyal said in Lok...
by AIP Online Bureau | Dec 4, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: Lloyd’s has, today, launched a new multi-million-pound space insurance policy for the emerging private spaceflight industry. The product is designed to cater to the distinct needs of a rapidly growing new space sector, which, according to...
by AIP Online Bureau | Dec 3, 2019 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The range of risks facing company executives or directors and officers (D&Os) – as well as the resultant insurance claims scenarios – has increased significantly in recent years. With corporate management under the spotlight like never before, a...
