by AIP Online Bureau | Aug 2, 2019 | Indian News
New Delhi: The Parliament on Friday approved an amendment to the anti-terror law to give powers to the central government to designate an individual as terrorist and seize his properties. While Lok Sabha had passed the Unlawful Activities (Prevention)...
by AIP Online Bureau | Aug 2, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The government is likely to put on hold a plan to raise the minimum public shareholding in listed companies, a source with direct knowledge of the matter said, amid concerns it could force the issuance of billions of dollars worth of shares. Stock...
by AIP Online Bureau | Aug 2, 2019 | Facts, Non-Life, Risk Management, Technology
Los Angeles: A consumer advocacy group has warned that automakers are rolling out new vehicles increasingly vulnerable to hackers, which could result in thousands of deaths in the event of a mass cyberattack. In a new report entitled "Kill Switch:...
by AIP Online Bureau | Aug 2, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
NEW YORK : The planet endured what may have been the hottest July in history, the World Meteorological Organization said on Thursday, just a week after a European heat wave shattered all-time records and also coming on the heels of the world’s...
by AIP Online Bureau | Aug 1, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most important — and lately most dangerous — energy chokepoint: vanish from global tracking systems. Copying from Iran’s own...
by AIP Online Bureau | Aug 1, 2019 | International News, Reinsurance, Technology
London: Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were received from across the world for the third cohort of the Lloyd’s Lab. The 11 teams were...
by AIP Online Bureau | Aug 1, 2019 | International News, Non-Life, Reinsurance
London: Marking the highest volume of M&A transactions worldwide, since 2015, global insurance industry saw 222 M&A deals completed in the first half of 2019, up from 196 in the second half of 2018. According to today’s mid-year...
by AIP Online Bureau | Aug 1, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Monsoon is expected to be normal in August and September, the India Meteorological Department said on Thursday in its forecast for the second half of the four-month rainfall season. Quantitatively, the rainfall across the country as a whole...
by AIP Online Bureau | Aug 1, 2019 | Eco/Invest/Demography, Indian News
New Delhi: India's gold demand is expected to soften in the September quarter as record high local prices dampen buying in the world's second biggest consumer of the precious metal, the World Gold Council (WGC) said on Thursday. The fall in consumption...
by AIP Online Bureau | Aug 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The Rajya Sabha on Wednesday passed the Motor Vehicles (Amendment) Bill, 2019 to tighten road traffic regulations such as the issuance of driving licence and imposed stricter penalties for violations in an attempt to improve road safety. The...
