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U.S. airline safety regulators ban select MacBook Pro laptops

by AIP Online Bureau | Aug 14, 2019 | International News, Risk Management, Technology

  U.S. airline safety regulators banned select MacBook Pro laptops on flights after Apple Inc. recently said that some units had batteries that posed a fire risk.   In a statement, the U.S. Federal Aviation Administration said it was “aware of the...

Car makers befriend hackers to learn about cyber vulnerabilities

by AIP Online Bureau | Aug 13, 2019 | International News, Risk Management, Technology

  At a conference where hackers can try their hand at picking locks and discover cyber vulnerabilities in a makeshift hospital, they can also endeavor to break into the control units of cars and take over driving functions.   Those efforts at the DEF CON...

Hong Kong plunging into ‘Panic and Chaos,’ says Leader, as protests continue

by AIP Online Bureau | Aug 13, 2019 | Eco/Invest/Demography, International News, Risk Management

  Hong Kong: The protests, which China this week likened to terrorism, present President Xi Jinping with one of his biggest challenges since he came to power in 2012.   Check-in operations were suspended at 4.30 p.m. on Tuesday, a day after an unprecedented...

Automobile sales slump 18.7% in July; sharpest decline in nearly 19 yrs

by AIP Online Bureau | Aug 13, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The passenger vehicles sales in India is seeing one of the worst slowdowns in its history and has registered another drop in sales in July 2019.Declining for the ninth consecutive month, domestic passenger vehicle (PV) sales dropped 30.98 per cent to...

Over 200 dead in four flood-hit states; more than 12 lakh people affected 

by AIP Online Bureau | Aug 13, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  Over 200 people have lost their lives in the recent monsoon rains in four flood-hit states of Gujarat, Kerala, Karnataka and Maharashtra, while nine people were killed in landslides in Uttarakhand and Jammu following heavy rains. Also, five people were killed...

Rajesh Sud to replace Ghosh at Bharti Enterprises

by AIP Online Bureau | Aug 13, 2019 | Indian News, Life, Non-Life

  New Delhi: Bharti Enterprises (“Bharti”), on Tuesday announced the appointment of Rajesh Sud as managing Director – Financial Services. He will report to Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises.   Rajesh takes over...

Lloyd’s, London market insurers surpass Q2 electronic placing targets

by AIP Online Bureau | Aug 12, 2019 | International News, Non-Life, Reinsurance, Technology

  London: More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other recognized electronic placement systems.  ...

EU fights spread of African swine fever with 10 countries now affected

by AIP Online Bureau | Aug 12, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The European Union faces an urgent challenge in tackling an outbreak of African swine fever which threatens Bulgaria’s pig breeding industry, a Commission spokeswoman said on last Thursday.   Ten EU nations are currently affected by African swine fever,...

Facebook must face privacy class action over collecting biometric data

by AIP Online Bureau | Aug 12, 2019 | Eco/Invest/Demography, Risk Management, Technology

  San Francisco: A federal appeals court on last Thursday rejected Facebook Inc.’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent.   The 3-0 decision from...

Hurricane activity could pick up as El Nino fades, say forecasters

by AIP Online Bureau | Aug 12, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Government meteorologists say this year’s hurricane season may be busier than initially expected now that summer’s weak El Nino has faded away.   The National Oceanic and Atmospheric Administration’s Climate Prediction Center said Thursday the...
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