by AIP Online Bureau | Jun 4, 2019 | International News, Risk Management, Technology
Google's privacy woes are set to increase after campaigners on June 4 filed complaints to data protecton regulators in France, Germany and seven other EU countries over the way it deals with data in online advertising. The criticism mirrored a...
by AIP Online Bureau | Jun 4, 2019 | Health, Indian News, Non-Life
Bengaluru: Manipal Group will raise its shareholding in joint venture Cigna TTK Health Insurance to 51 per cent by buying the stake of TTK Group, a joint statement said on Tuesday. The Cigna Corporation of the US will continue to hold 49 per cent stake,...
by AIP Online Bureau | Jun 4, 2019 | Eco/Invest/Demography, Health, Indian News
NEW DELHI: The deadly brain-damaging Nipah virus has resurfaced in the southern Indian state of Kerala a year after it killed 17 people, state officials said on Tuesday. A 23-year-old student tested positive for the virus, which is transmitted to humans through...
by AIP Online Bureau | Jun 3, 2019 | International News
Singapore: Asia Pacific waters remain the top shipping loss region, accounting for 45 per cent of losses globally in 2018, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes...
by AIP Online Bureau | Jun 3, 2019 | Disaster & Management, International News, Reinsurance
Paris: SCOR has successfully sponsored a new catastrophe bond (“cat bond”), Atlas Capital UK 2019 PLC, which will provide the Group with multi-year risk transfer capacity of USD 250 million to protect itself against named storms in the U.S.,...
by AIP Online Bureau | Jun 3, 2019 | International News, Non-Life, Reinsurance, Risk Management
Singapore: Shipping and maritime insurers have already started charging war risk premiums in the waters around the Middle East bunkering hub of Fujairah after the insurance coverage area was expanded to include the Persian Gulf and the Gulf of Oman, according...
by AIP Online Bureau | Jun 3, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
NEW DELHI: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it...
by AIP Online Bureau | Jun 2, 2019 | Indian News, Non-Life
Mumbai: MN Sarma,61, former CMD of United India Insurance, has been selected as the new secretary general of the General Insurance Council, the official representative body of the Rs 1,7 trillion Indian general insurance with 34 non- life and 10...
by AIP Online Bureau | Jun 2, 2019 | Eco/Invest/Demography, International News
Seoul: India and China are projected to account for nearly half of the air passenger growth worldwide over the next two decades, with travellers coming from all walks of life, according to global airlines' grouping IATA. With more number of people...
by AIP Online Bureau | Jun 2, 2019 | Indian News, Risk Management
New Delhi: The Centre has directed 84 airports across the country to install body scanners by March 2020, replacing existing door frame metal detectors and hand-held scanners besides pat-down searches of passengers to detect metallic objects, according to an...
