by AIP Online Bureau | Sep 14, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced an over Rs 70,000 crore package for the exports and real estate sectors, including setting up of a stressed asset fund, as the government continued with firefighting measures to pull the economy out...
by AIP Online Bureau | Sep 14, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Intermediaries, Non-Life, Reinsurance, Risk Management
LONDON: The Thinking Ahead Institute’s (TAI) Extreme risks 2019 report and ranking, which categorises rare events that could have a high impact on global economic growth and asset returns, has a new top three: global temperature change, global trade...
by AIP Online Bureau | Sep 14, 2019 | International News, Non-Life, Risk Management, Technology
Dubai: Drone attacks targeted a major Saudi Aramco processing facility and oilfield in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of the sites before dawn. No one immediately claimed responsibility for the attack,...
by AIP Online Bureau | Sep 13, 2019 | Indian News, Non-Life, Regulation, Technology
Hydearbad: The insurance regulator IRDA has slapped a penalty of Rs 7 lakhs against Bajaj Allianz General Insurance Company(BAGIC) for violating various regulatory norms including provisions of the guidelines on Motor Insurance Service Provider(MISP)...
by AIP Online Bureau | Sep 13, 2019 | Indian News, Life, Non-Life, Regulation, Technology
Mumbai: Launching the Regulatory Sandbox, Sujay Banarji, member, distribution, Insurance Regulatory & Development Authority of India (IRDAI), said “Regulatory Sandbox will foster collaboration and further the interests of all...
by AIP Online Bureau | Sep 12, 2019 | Eco/Invest/Demography, Facts, Technology, Trends, Facts, Workplace/Employee Benefits
New Delhi: Technical skills that are in the greatest demand today are analytics, user experience, automation, IT architecture and Artificial Intelligence, revealed new research from Infosys on Thursday. Infosys looked at two perspectives on the barriers...
by AIP Online Bureau | Sep 12, 2019 | Eco/Invest/Demography, International News, Reinsurance
Insurers are increasingly concerned about the impact of bad weather linked to climate change, with an increase in wildfires in California among the most costly in recent years, something S&P said could see rates there jump 30-70%. Big insurance losses from...
by AIP Online Bureau | Sep 12, 2019 | Facts, Technology, Trends, Facts
BENGALURU: Technology is making the Indians feel much younger, healthier and more emotionally connected, with 91 per cent respondents believing that smart devices, such as computers and smart displays are having a positive impact on the ability to improve their...
by AIP Online Bureau | Sep 12, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Hyderabad The insurance regulator IRDAI has asked the insurance companies to undertake a pilot project in NCT, Delhi to implement the premium escalation formula for registered owners/drivers of motor vehicles involved in traffic offences. The...
by AIP Online Bureau | Sep 4, 2019 | Eco/Invest/Demography, Facts, Health
There’s a new surprise member of the world’s safest cities club. Washington, DC, has entered the top 10 in the Safe Cities index for the first time, while Hong Kong is a noticeable no-show after plummeting down the rankings. Tokyo took the No. 1...
