by AIP Online Bureau | Aug 9, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
NEW DELHI: With 22 per cent jump in cyberattacks on Internet of Things (IoT) deployments in the country, India was the most attacked nation in the IoT space last quarter, said a new report released here on Friday. This was the second consecutive quarter that...
by AIP Online Bureau | Aug 9, 2019 | International News, Non-Life, Reinsurance, Risk Management, Technology
London: The Association of British Insurers has, for the first time, revealed that 99% of claims made (207) on ABI-member cyber insurance policies in 2018 were paid*. This is one of the highest claims acceptance rates across all insurance products. ...
by AIP Online Bureau | Aug 8, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which carries crude from Alberta’s oil sands to British Columbia’s...
by AIP Online Bureau | Aug 8, 2019 | Eco/Invest/Demography, Indian News, Technology
Shillong: Union Minister Jitendra Singh said on Thursday that the Centre has done away with over 1,500 obsolete rules and regulations, making the functioning of the government more efficient and citizen friendly. Addressing the inaugural session of the 22nd...
by AIP Online Bureau | Aug 8, 2019 | International News, Life
London: Britain’s second largest insurer Aviva reported a forecast-beating 1% rise in first-half operating profit on Thursday, helped by a strong performance in its general business and announced a review of its Asian operations. In his first...
by AIP Online Bureau | Aug 8, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
GENEVA: Humanity faces increasingly painful trade-offs between food security and rising temperatures within decades unless it curbs emissions and stops unsustainable farming and deforestation, a landmark climate assessment warned on Thursday. The...
by AIP Online Bureau | Aug 8, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: President Ram Nath Kovind has given his assent to the National Medical Commission Bill, 2019, which was passed by both Houses of Parliament, Union Health Minister Harsh Vardhan said on Thursday. "It will be notified in the Gazette soon....
by AIP Online Bureau | Aug 8, 2019 | Banking & Bancassurance, Blog, Eco/Invest/Demography, Intermediaries
Mumbai:: India Ratings and Research (Ind-Ra) opines that it is time to reevaluate the objectives of public sector banks (PSBs) and their role in the Indian economy. While the government has infused huge capital in PSBs, the same has largely been used to...
by AIP Online Bureau | Aug 8, 2019 | International News, Non-Life, Risk Management, Technology
Tesla Inc. received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters. The documents also...
by AIP Online Bureau | Aug 8, 2019 | International News, Non-Life, Risk Management, Technology, Trends, Facts
It took a $650,000 salary for Matt Comyns to entice a seasoned cybersecurity expert to join one of America’s largest companies as chief information security officer in 2012. At the time, it was among the most lucrative offers out there. This year, the...