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India to achieve most of COP 21 climate change goals in next 1.5 yrs Modi

by AIP Online Bureau | Aug 23, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

   Paris: Prime Minister Narendra Modi on Friday said India will achieve most of the COP 21 climate change goals set for 2030 in the next one and half years.  In his address to the Indian community at the UNESCO headquarters here, Modi said there was a...

IRDA begins pilot projects to boost auto insurance

by AIP Online Bureau | Aug 23, 2019 | Indian News, Life, Non-Life, Pension & Social Security, Regulation

  Mumbai: Subhash C Khuntia, chairman,IRDAI said on Thursday that the insurnace regulator has initiated a pilot project in four states to ensure motor vehicle insurance is renewed by the vehicle owners who have discontinued their policy.   This is expected...

Nuclear watchdog says Russia resumes sharing radiation data

by AIP Online Bureau | Aug 22, 2019 | Eco/Invest/Demography, International News, Risk Management

Russia has resumed sharing data from its radiation monitoring stations in Siberia after some were taken offline following a deadly explosion at a missile range, a nuclear weapons watchdog said Tuesday.   The mysterious accident at a naval weapons testing range on...

Deadlock continues as EU rebuffs Johnson bid to reopen Brexit Deal

by AIP Online Bureau | Aug 22, 2019 | Eco/Invest/Demography, International News

  The European Union poured cold water on Boris Johnson’s attempt to renegotiate the Brexit deal, saying the so-called backstop to prevent a hard Irish border — which the British prime minister wants scrapped — was a vital part of the divorce...

SC grants Facebook some relief in key privacy case

by AIP Online Bureau | Aug 22, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: India’s top court handed out a reprieve to Facebook Inc. in its battle to preserve the encryption feature of its Whatsapp messaging service which prevents it from sharing details of users or messages with the authorities.   The court stopped...

Unlocking value for P&C insurers : Advanced analytics may present a crucial way

by AIP Online Bureau | Aug 22, 2019 | Articles, Non-Life, Technology

  The latest sigma report from the Swiss Re Institute, "Advanced analytics: unlocking new frontiers in P&C insurance", suggests that technology advances are enabling P&C insurers to unlock new frontiers in risk assessment and mitigation thanks...

Interviews on Aug 27 to select chiefs of GIC Re, AIC and MDs of LIC

by AIP Online Bureau | Aug 21, 2019 | Indian News, Life, Non-Life

  New Delhi: Finally,the government has set the date on August 27 to kick start the process to appoint two  CMDs- of Mumbai based GIC Re and New Delhi based Agriculture Insurance Company(AIC)- and two managing directors MDs) of  the Life Insurance...

Non-life insurers register 23% rise in July premium at Rs 14,378.45 crore

by AIP Online Bureau | Aug 20, 2019 | Indian News, Non-Life

New Delhi:  Non-life insurance companies earned a premium income of Rs 14,378.45 crore in July this year, up nearly 23 percent from a year ago, data from the Insurance Regulatory and Development Authority of India (IRDAI) showed.   The 34 non-life insurance...

Max Life Insurance announces the launch of Max Innovation Lab

by AIP Online Bureau | Aug 20, 2019 | Indian News, Life, Technology

  New Delhi: Max Life Insurance Co. Ltd today announced the launch of its startup accelerator programme – Max Life Innovation Labs (“Programme”). Under the Programme, the life insurer will invite disruptive startups and out of the box thinkers...

7 global trends making engineering & construction projects bigger & costlier than ever

by AIP Online Bureau | Aug 20, 2019 | Articles, Non-Life, Reinsurance, Risk Management, Technology

  Johannesburg/London/Munich/New York/Paris/Sao Paolo/Singapore: Large engineering and construction projects have changed beyond recognition in recent decades. Whether it is an airport, a power plant or a car manufacturing complex, sites are now much larger, more...
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