by AIP Online Bureau | Oct 25, 2019 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Technology
Singapore: Total new worldwide funding commitments to the InsurTech sector in 2019 have already surpassed the 2018 full-year total, and during the third quarter exceeded $1.2 billion for the fifth consecutive quarter-year period, according to the new Quarterly...
by AIP Online Bureau | Oct 24, 2019 | Eco/Invest/Demography, Indian News
WASHINGTON: India needs a fresh set of "bold reforms" in the next three to four years if it wants to be among the top 50 countries with ease of doing business, a top World Bank official said on Thursday. The official's remarks came as India jumped...
by AIP Online Bureau | Oct 24, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Government is considering tax relief for individuals as it looks at measures to accelerate consumer demand and boost economic growth, people with direct knowledge of the matter said. Prime Minister Narendra Modi’s government is mulling a...
by AIP Online Bureau | Oct 22, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Hong Kong: Hong Kong’s businesses will likely foot the bill for vandalism inflicted over the past four months during the territory’s most violent protests in living memory as few of them bought insurance coverage for riot damage, industry insiders...
by AIP Online Bureau | Oct 22, 2019 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
More than half of the world’s banks are too weak to survive a downturn, according to a survey from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace...
by AIP Online Bureau | Oct 22, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Aviation security regulator BCAS will issue anti-drone regulations within a week to counter any rogue drones in the country, a senior official said on Tuesday. Deputy Director General in the Bureau of Civil Aviation Security (BCAS) Maheshwar...
by AIP Online Bureau | Oct 21, 2019 | Eco/Invest/Demography, Technology
China now has more privately-held start-ups valued by investors at over $1 billion than the US, a report said Monday. There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups — known as "unicorns" — in June...
by AIP Online Bureau | Oct 21, 2019 | International News, Reinsurance, Risk Management, Technology
Baden Baden: New technologies and the ability to process large amounts of data are revolutionising the value chains across entire industries – including in insurance, said Doris Höpke, member of the Board of Management of Munich Re. . Nowadays,...
by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, International News, Risk Management
London: Prime Minister Boris Johnson sent an unsigned letter to the European Union requesting a delay to Britain's exit from the bloc and also said he did not want the extension after his latest Brexit setback in parliament on Saturday. Johnson...
by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, Indian News, Risk Management
Washington: Many countries have cautioned against rushing into crypto currencies, Union Finance Minister Nirmala Sitharaman said on Sunday, as Facebook's proposed virtual currency Libra became a buzzword during the annual meeting of the International...
