by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Hong Kong: Unrest in Hong Kong has led to damages of various mainland China-linked entities, most notably local rail operator MTR and lenders such as Bank of China. The $77 million insurance claim surpassed the $41 million linked with the SAR (severe acute...
by AIP Online Bureau | Oct 28, 2019 | Eco/Invest/Demography, International News
The outflow from US equity funds this year has been the biggest since 2008, relative to the flood of money into cash and bonds, according to Goldman Sachs Group Inc. That still leaves cash exposures “near historical lows,” according to...
by AIP Online Bureau | Oct 27, 2019 | Eco/Invest/Demography, Facts
The world’s most important gold market isn’t what it used to be. Just a decade ago, India’s hunger for gold jewelry and bullion meant it accounted for about a quarter of global demand. Consumption has since fallen by about 24%. Ahead of...
by AIP Online Bureau | Oct 27, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: he Cyclone storm 'Kyarr' is set to intensify further into an 'Extremely Severe' Cyclonic Storm during the next 24 hours as per the Indian Meteorological Department (IMD) forecast update on Saturday. Thunderstorm accompanied by...
by AIP Online Bureau | Oct 27, 2019 | Uncategorized
WASHINGTON : The shadowy leader of the Islamic State group who presided over its global jihad and became arguably the world's most wanted man, is dead after being targeted by a US military raid in Syria, President Donald Trump said Sunday. "Abu Bakr...
by AIP Online Bureau | Oct 27, 2019 | Eco/Invest/Demography, Indian News
Mumbai: BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076. The 30-share index, after opening on a firm footing at...
by AIP Online Bureau | Oct 27, 2019 | Eco/Invest/Demography
New Delhi: Indian capital markets witnessed a net inflow of over Rs 3,800 crore by foreign portfolio investors (FPI) in October so far on the back of steps taken by the government to revive domestic demand coupled with positive global cues. The...
by AIP Online Bureau | Oct 26, 2019 | Eco/Invest/Demography, International News, Non-Life, Technology
NEW YORK : Global insurers that cover cyberattacks are facing more claims related to ransom-demanding hackers who cripple businesses’ technology systems, and only stop after receiving substantial payments. These hackers use malicious programs known...
by AIP Online Bureau | Oct 25, 2019 | International News, Non-Life, Technology
JAKARTA: Boeing (BA.N), acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of cockpit software on its 737 MAX airliner, sowing the seeds for a Lion Air crash that also involved errors by airline workers and crew, Indonesian...
by AIP Online Bureau | Oct 25, 2019 | Non-Life, Technology
Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to block chain will work. While Ping An (Group) Co.’s Hong...
