by AIP Online Bureau | Sep 25, 2019 | Eco/Invest/Demography, International News
The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security. Despite security upgrades since the hijacking...
by AIP Online Bureau | Sep 25, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
' New YorK: Prime Minister Narendra Modi has announced a $150 million line of credit to the group of Pacific island nations for undertaking solar, renewable energy and climate related projects based on their requirement. Modi, who attended the...
by AIP Online Bureau | Sep 25, 2019 | International News, Non-Life, Reinsurance
Singapore: Ms Indranee Rajah, minister in the prime minister’s office and second minister for finance and education, has been confirmed as the guest-of-honour at this year’s Singapore International Reinsurance Conference (SIRC), at which she...
by AIP Online Bureau | Sep 25, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Insurers are partnering with the United Nations and other public groups to help the poorest countries bounce back from natural disasters that may become a more regular occurrence. As part of the program, as much as $5 billion in insurance capacity will...
by AIP Online Bureau | Sep 25, 2019 | Non-Life
Boeing Co. will pay the families of 346 people killed in two fatal 737 MAX crashes $144,500 each from a $50 million financial assistance fund announced in July, the fund’s administrators said on Monday. The fund, overseen by Washington lawyers Ken...
by AIP Online Bureau | Sep 25, 2019 | Indian News, Life, Regulation
Mumbai: Market regulator SEBI has pulled up SBI Life insurance for not complying with minimum public shareholding (MPS) norms and directed the insurer to be cautious in the future. SBI Life started as a 74:26 joint venture between public sector...
by AIP Online Bureau | Sep 25, 2019 | Indian News, Life, Technology
Mumbai, HDFC Life Insurance Company has, as part of its InsurTech journey, launched INSTAInsure – an industry first initiative that provides a 3 click pre-approved insurance offer. This development reinforces HDFC Life’s vision and commitment to...
by AIP Online Bureau | Sep 24, 2019 | Eco/Invest/Demography, Indian News, Technology
New Delhi: Union minister Nitin Gadkari on September 24 said he will not allow driverless cars in India as these could take away jobs of several lakh people in the country. "Several big personalities from the country met me and said they want to bring...
by AIP Online Bureau | Sep 24, 2019 | Blog, Climate, Environment, Renewable Energy, Eco/Invest/Demography
Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m afraid,”...
by AIP Online Bureau | Sep 24, 2019 | Health, Indian News, Life, Non-Life
Mumbai: Reliance Capital's deal to sell its entire stake in mutual fund arm to joint venture partner Japan's Nippon Life Insurance will be completed by the end of this month, RNAM CEO Sundeep Sikka said on Monday. Post stake-sale, Nippon Life...
