by AIP Online Bureau | Apr 23, 2019 | Indian News, Non-Life, Risk Management, Technology
Mumbai: Acko General Insurance has partnered with Rapido – India’s largest bike taxi booking app, to launch a trip insurance program which ensures everyday rides run risk-free for commuters. The comprehensive cover offered by Acko kicks...
by AIP Online Bureau | Apr 23, 2019 | International News, Reinsurance
PARIS: French cooperative insurer Covea Tuesday said it is seeking to diversify into reinsurance through the acquisition of companies in that business line. “Developing such an activity like that takes decades, so external growth is the more...
by AIP Online Bureau | Apr 23, 2019 | International News, Reinsurance
LONDON: Total capital dedicated to the global reinsurance industry measured USD 462 billion at year-end 2018. The largest component of this figure is the total shareholders’ equity of the 32 reinsurance companies tracked in the Willis Reinsurance...
by AIP Online Bureau | Apr 23, 2019 | Uncategorized
New Delhi: The India Meteorological Department (IMD) on Tuesday said it is working at a brisk pace to issue localised weather forecasting to all 6,500 blocks across 660 districts in the country by 2020 and help as many as 9.5 crore farmers deal with the...
by AIP Online Bureau | Apr 23, 2019 | Eco/Invest/Demography, Indian News, Risk Management
BENGALURU: Infosys co-founder Nandan Nilekani, who was once the chairman of the Unique Identification Authority of India (UIDAI), has said that Aadhaar is just an ID as it never qualified as a tool for surveillance and privacy. The Infosys co-founder...
by AIP Online Bureau | Apr 23, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life
Mumbai: In a bid to boost volumes for the struggling electric vehicles segment, State Bank of India Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its existing auto loans. Of the 3.6 million (FY19) car...
by AIP Online Bureau | Apr 22, 2019 | Indian News, Non-Life, Risk Management
Mumbai: SBI General Insurance (SBIG), has launched of its new product – Cyber Defence Insurance. The product will offer cyber insurance to businesses. While in the initial phase the intent is to focus on SME, mid-market businesses, it can cater to...
by AIP Online Bureau | Apr 21, 2019 | International News, Non-Life
Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday. The cost of a likely multi-year restoration project could itself take a...
by AIP Online Bureau | Apr 21, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: The total deposits in bank accounts opened under the Jan Dhan scheme, which was launched about five years ago by the Modi-government, are set to cross Rs 1 lakh crore soon.The total balance in the Jan Dhan accounts, which has been steadily rising,...
by AIP Online Bureau | Apr 21, 2019 | Eco/Invest/Demography, International News, Risk Management
Colombo: At least nine foreigners were among 160 people killed in six near simultaneous and coordinated explosions that rocked three churches and three luxury hotels frequented by tourists in Sri Lanka on Easter Sunday, following a lull in major attacks since...
