by AIP Online Bureau | Oct 2, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Technology
New Delhi: India has the potential to become one of the largest electric vehicles (EVs) markets in the world, with the government pushing for the segment in order to curb pollution and reduce reliance on import-dependent fossil fuel, says a report. ...
by AIP Online Bureau | Oct 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life
MUMBAI/NEW DELHI: Ford Motor Co and Mahindra & Mahindra will form a joint venture in India valued at $275 million to produce and sell vehicles in the country and export to emerging markets, the two companies said on Tuesday. The two companies have...
by AIP Online Bureau | Oct 1, 2019 | Eco/Invest/Demography, Interviews, Non-Life, Reinsurance
How do you see the developments of Afro- Asian Reinsurance and Insurance Industry? FAIR achieves economic integration among Afro-Asian countries. The Federation is active in setting up reinsurance bodies (Pools & Syndicates) for members to share risk and...
by AIP Online Bureau | Oct 1, 2019 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Risk Management
Executives in the South Asian region ranked “water crises” as the number one risk for doing business in countries in South Asia – the issue rose from fifth place the year before, according to a survey of business leaders published by the World...
by AIP Online Bureau | Oct 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double digit declines in domestic passenger vehicle sales in September as onset of the festive season failed...
by AIP Online Bureau | Oct 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi: Nearly a third of Indian businesses experienced frauds by internal as well as external parties in the last 12 months, with data theft being the top most fraud event, says a report. According to Kroll's annual global fraud and risk report,...
by AIP Online Bureau | Oct 1, 2019 | International News, Non-Life, Reinsurance
LONDON: The Lloyd’s of London Ltd insurance market is planning to launch two electronic exchanges next year as part of a three-year overhaul, it said on Monday, as it seeks to fend off competition from low-cost rivals. Lloyd’s, which is made...
by AIP Online Bureau | Oct 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: Massive erosion of wealth due to poor performance leading to frequent rating downgrades has forced irate shareholders of the Anil Ambani Group companies to complain against the management and threaten to file class action suit. Speaking at the AGM of Reliance...
by AIP Online Bureau | Sep 30, 2019 | International News, Non-Life, Technology
Car behemoth Volkswagen will face a German court Monday, as hundreds of thousands of owners of manipulated diesel cars demand compensation four years after the country's largest post-war industrial scandal erupted. The first hearing in what is likely to be...
by AIP Online Bureau | Sep 30, 2019 | Indian News, Non-Life, Regulation
Hyderabad: The insurance regulator IRDAI has said the insurers has to ensure that any portal or App providing the travel insurance coverage can’t pre-select the option of buying the travel cover as a default option. The prospect buyer will be able...