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Singapore’s new IP insurance initiative to support innovative enterprises enter global markets

by AIP Online Bureau | Jun 13, 2019 | International News, Technology

  Singapore: The Intellectual Property Office of Singapore (IPOS), Lloyd’s Asia and Antares Underwriting Asia today announced a new initiative to support innovative enterprises as they enter global markets. Called the Intellectual Property Insurance...

“Tech and cyber dominate insurers’ horizon scanning of business risks”

by AIP Online Bureau | Jun 13, 2019 | Articles, Risk Management, Technology

  Technology risk, cyber risk and change management have been pinpointed as the three biggest concerns for insurers across the globe, according to a poll of more than 900 senior industry experts.   The Insurance Banana Skins report, published by the Centre...

FDI inflows to India rose 6% in 2018 to $42 bn, says UN report

by AIP Online Bureau | Jun 13, 2019 | Data, Eco/Invest/Demography

  “Investment in India – the subregion's largest recipient – rose by 6 per cent to $42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition (M&A) activities,” the...

Peak Re develops a new cancer multi-protection solution for Vietnam 

by AIP Online Bureau | Jun 13, 2019 | Health, International News, Reinsurance

Hong Kong: Peak Reinsurance Company Limited (“Peak Re”), a Hong Kong-based global reinsurer, has developed a unique multiple cancer benefits reinsurance solutions for Vietnam.   “Cancer Multi-Pay” is a multi-protection policy that provides...

Uber to unveil next-generation Volvo self-driving car

by AIP Online Bureau | Jun 13, 2019 | International News, Non-Life, Technology

  Uber Technologies Inc on June 12 will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions.   Uber said the new production XC90 will be assembled by Volvo Cars in...

Indian Millennials prefer buying larger Health Cover:Policybazaar

by AIP Online Bureau | Jun 12, 2019 | Articles, Health, Technology, Workplace/Employee Benefits

  A recent survey conducted by Policybazaar.com indicates that millennials between the age-group of 22-35 years in India have better assessment of their protection needs, when it comes to buying health covers which shields them adequately.    The survey...

Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa

by AIP Online Bureau | Jun 12, 2019 | Articles, Eco/Invest/Demography, Technology

  Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.   Four bike taxi firms are now...

UK’s Legal & General Partners with Amazon to Create Blockchain System for Pensions

by AIP Online Bureau | Jun 12, 2019 | International News, Life, Pension & Social Security, Technology

London: British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals.   The insurer said it would use a managed blockchain system launched by Amazon Web Services (AWS) to handle...

Financial services to add 47,800 new jobs in April-September FY20

by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, Indian News

  The financial services sector is likely to add 47,800 new jobs in the first half of this financial year following increasing focus on lending by banks and NBFC's, according to a survey.   "Despite the setbacks seen in NBFCs, the financial services...

India slips 5 places to 141 on Global Peace Index 2019; Iceland again tops

by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, International News, Risk Management

  NEW DELHI: India's rank has slipped five places to 141 among 163 countries on the Global Peace Index 2019, while Iceland remains the most peaceful country and Afghanistan the least peaceful nation, says a report.   Australian think tank Institute for...
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