by AIP Online Bureau | May 16, 2019 | International News, Technology
The world’s first all-electric vertical takeoff and landing passenger jet has been unveiled after completing its first flight. German startup Lilium aims to have a fleet of the five-seat aircraft — which can operate with a pilot or in drone mode...
by AIP Online Bureau | May 16, 2019 | Eco/Invest/Demography, Indian News, Risk Management
Mumbai: The Reserve Bank of India said on Thursday that non banking financial companies (NBFCs) with asset size of more than Rs 50,000 crore should appoint a chief risk officer in a move to tighten regulation after a series of defaults at top lender...
by AIP Online Bureau | May 16, 2019 | Indian News, Risk Management, Technology
NEW DELHI/MUMBAI: WhatsApp clones and software tools that cost as little as $14 are helping Indian digital marketers and political activists bypass anti-spam restrictions set up by the world’s most popular messaging app, Reuters has found. The...
by AIP Online Bureau | May 15, 2019 | Eco/Invest/Demography, International News, Policy, Regulation, Reinsurance, Risk Management
LONDON: The Bank of England said it was carefully monitoring falling capital levels at insurers that use their own computer models for calculating capital requirements. David Rule, executive director of insurance supervision at the Bank of England’s...
by AIP Online Bureau | May 15, 2019 | International News, Non-Life, Regulation, Risk Management
The US industry’s total direct written cyber premiums grew 8% in 2018 to $2 billion, down from 37% growth in 2017. The country is by far the largest market in the world for cyber coverage. The cyber insurance market remains a source of growth for...
by AIP Online Bureau | May 15, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: At 47.8 deaths per 1,000 live births, India in 2015 had more deaths among children under five than any other country, new research has found. This is despite the great progress the country has made in reducing child mortality. During...
by AIP Online Bureau | May 14, 2019 | Facts, Health, Workplace/Employee Benefits
WASHINGTON:: People are almost twice more likely to identify signs of postnatal depression in women than in men, recent findings suggest. The involved 406 British adults aged between 18 and 70. The participants were presented with case studies of a...
by AIP Online Bureau | May 14, 2019 | Indian News, Risk Management
New Delhi: Paytm Mall has unearthed a fraud of up to Rs 10 crore following a probe into a large percentage of cashbacks earned by small merchants and de-listed hundreds of sellers from its platform apart from sacking many employees. Regarding the feasibility of...
by AIP Online Bureau | May 14, 2019 | Health, Indian News, Non-Life, Risk Management
New Delhi: Indian pharma majors Dr Reddy's, Workhardt, Aurobindo and Glenmark, which are among the generic drug makers named in an anti-trust lawsuit in the US, May 14 denied allegations of engaging in conspiracy to fix prices. The homegrown...
by AIP Online Bureau | May 14, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: Monsoon rains are expected to hit Kerala coast on June 4 and deliver less rainfall than average in 2019, the country's only private weather forecasting agency said on Tuesday, dampening prospects of higher farm and economic growth in the $2.6...
