by AIP Online Bureau | Oct 6, 2019 | Eco/Invest/Demography, Facts, Non-Life, Technology
Hyundai Motor Co. launched India’s first electric SUV this summer with a quirky TV commercial urging millennials to “Drive Into the Future.” A few months later, the automaker finds itself on a lonesome road. In a nation of about 150...
by AIP Online Bureau | Oct 5, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
NEW YORK/LONDON: Lloyd’s of London insurer Axis Capital has become the latest to rule itself out of providing coverage for Adani Enterprises Ltd’s contentious Carmichael coal mine project in Australia, a source close to the company said on...
by AIP Online Bureau | Oct 5, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News
‘ Chicago: The late season monsoon floods in certain parts of India brought additional damage and impact to the country, which has officially recorded more than 1,700 fatalities since the start of monsoon season in June and caused upwards of USD10 billion in...
by AIP Online Bureau | Oct 4, 2019 | Disaster & Management, International News, Non-Life
Survivors and family of 58 people who were slain in the deadliest mass shooting in modern U.S. history have reached a settlement of at least $735 million with MGM Resorts, a law firm representing the victims and MGM Resorts International said on Thursday....
by AIP Online Bureau | Oct 4, 2019 | Eco/Invest/Demography, Indian News, Technology
New Delhi: As many as 300 million Indians were lifted above the poverty line between 2004 and 2018, NITI Aayog CEO Amitabh Kant said here on Friday. Nowhere else in the world has this happened in recent times, he said at the inauguration of the Micron...
by AIP Online Bureau | Oct 4, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Zurich Insurance has released the ninth annual Advisen cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that...
by AIP Online Bureau | Oct 4, 2019 | International News, Non-Life
NEW YORK: Tokio Marine Holdings, Inc. today announced it has reached a definitive agreement to acquire Privilege Underwriters, Inc. (PUI) from investors led by Stone Point Capital and KKR for $3.1bn, the latest move in its multiyear push into the world’s...
by AIP Online Bureau | Oct 4, 2019 | Eco/Invest/Demography, Indian News
Mumbai: The six-member monetary policy committee (MPC) of Reserve Bank of India on Friday cut the repo rate by 25 basis points to 5.15%, in line with expectations. The reverse repo rate was reduced to 4.9%. This was the fifth consecutive rate cut...
by AIP Online Bureau | Oct 3, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: As part of its efforts to improve water resilience around the world, AXA XL today announced it has entered into a three-year partnership with international charity WaterAid to help provide more than ten thousand people in rural India with access to...
by AIP Online Bureau | Oct 3, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: Steered by a decisive leadership, India now has a significantly enlarged global profile and the stage is set for the country to realise its vision of becoming a USD 5-trillion economy in the next five years and USD 10-trillion economy in the next...
