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Boeing records zero new plane orders in Paris, Airbus jumps ahead

by AIP Online Bureau | Jun 17, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  Airbus SE cleaned up on the first day of the 2019 Paris Air Show, locking in $13 billion in orders for new jets to zero for Boeing Co., and introducing a long-range narrow-body meant to deflate enthusiasm for its U.S. rival's potential new midsize jet....

India will overtake China, sub-Saharan Africa population to double

by AIP Online Bureau | Jun 17, 2019 | Articles, Eco/Invest/Demography

  India, projected to surpass China as the world's most populous country around 2027, is expected to add nearly 273 million people between now and 2050 and will remain the most populated country through the end of the current century, a UN report said on...

Only BS-6 vehicles to be available from next year: Javadekar

by AIP Online Bureau | Jun 17, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Only BS-6 vehicles will be available from next year onwards, Environment Minister Prakash Javadekar said Monday, noting that vehicles contribute 20-22 per cent of pollution in the country.   "In Delhi, BS-6 fuel was started. Vehicles that...

Lloyd’s must seize opportunity to embrace digital transformation:John Neal

by AIP Online Bureau | Jun 17, 2019 | International News, Non-Life, Reinsurance

  London: The Lloyd’s market must evolve and evolve fast or risk driving itself into irrelevance. This was the warning from Lloyd’s chief executive John Neal as he addressed delegates at the 2019 MMC Rising Professionals’ Global Forum in London....

IndiGo places $20-bn engine order for future fleet of 280 Airbus aircraft

by AIP Online Bureau | Jun 17, 2019 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Budget carrier IndiGo Monday announced that it has placed a $20-billion order for LEAP-1A engines with US-based CFM International to power its future fleet of 280 narrow body aircraft.   Calling it the "largest ever single engine order in...

Found love at work? It may be unhealthy for the aspiring ‘power couple’

by AIP Online Bureau | Jun 17, 2019 | Blog, Risk Management, Workplace/Employee Benefits

  NEW DELHI: With the life being in top gear round the clock for corporate leaders, their love life often takes a beating, and experts are of the opinion that any conflict of interest must be kept in mind when indulging in workplace relationships.   The HR...

Bharti AXA General Insurance posts Rs 3 crore profit in FY19

by AIP Online Bureau | Jun 17, 2019 | Indian News, Non-Life

Mumbai: Bharti AXA General Insurance on June 17 said it has posted a maiden profit of Rs 3 crore for the financial year ended March 2019.   The private sector insurer, a joint venture between Bharti Enterprises and French insurance major AXA, had registered a...

Facebook to unveil new cryptocurrency; Visa and PayPal among partners

by AIP Online Bureau | Jun 17, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants.   The world's biggest social network is expected to outline details of a virtual currency...

Ship insurance costs soar after Middle East tanker attacks

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  London:  The attacks have already stoked concerns about reduced flows of crude oil on one of the world’s key shipping routes, pushing up oil prices by as much as 4.5%.   Some tanker companies have already suspended new bookings to the Middle...

Heatwave claims 44 lives in Bihar, Nitish Kumar announces Rs 4 lakh aid

by AIP Online Bureau | Jun 16, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  Patna: At least 44 people have died in a blistering heatwave that hit three Bihar districts on Saturday, officials said on Sunday.   The officials at the Disaster Management Control Room said 22 people died in Aurangabad, 20 in Gaya and two in Nawada...
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