by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: India's Finance Minister Arun Jaitley is unlikely to continue in his current role due to poor health as Prime Minister Narendra Modi begins his second term, according to four sources with knowledge of the matter. If he hangs his...
by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Mumbai: A historic mandate for the National Democratic Alliance (NDA), that has won over 350 seats in the Indian general election, on Thursday, has raised expectations of a higher pace of economic reforms. It was spectacular day for the Indian...
by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology
A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May 25 last year, the General Data...
by AIP Online Bureau | May 23, 2019 | Indian News, Reinsurance
Mumbai: Despite having higher premiums and investment income, state owned GIC Re on Thursday reported a 19.7 per cent fall in its net profit at Rs 603.37 crore in the last quarter of the fiscal ended March 2019,due to higher tax provisioning.The...
by AIP Online Bureau | May 23, 2019 | International News, Reinsurance
London: Lloyd’s of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said. The proposal has been put out for...
by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
MUMBAI: With traditional jobs undergoing transformation, companies are now re-designing job roles to accommodate changing industry dynamics, according to a survey. Nearly half (47 per cent) of senior HR professionals are predicting a skills...
by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, International News, Non-Life
TORONTO: Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday. At the annual Collision...
by AIP Online Bureau | May 22, 2019 | Indian News, Life
Mumbai: IDBI Bank after being taken over by the Life Insurnace Corporation (LIC), is now acting as a corporate agent of the corporation since 27th February, 2019 and in the first month i.e. March, 2019 the corporation has procured 20,980 policies with...
by AIP Online Bureau | May 22, 2019 | International News, Non-Life
American International Group Inc. said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault by only a narrow margin during the company’s annual meeting on Tuesday. A non-binding resolution to endorse the...
by AIP Online Bureau | May 22, 2019 | International News, Non-Life, Risk Management
A French woman whose husband died in the crash of a Boeing 737 MAX airliner in Ethiopia has filed a U.S. lawsuit against the planemaker, seeking at least $276 million in damages. The crash of Ethiopian Airlines flight 302 in March killed all 157 passengers and...
