by AIP Online Bureau | Apr 14, 2019 | Health, International News, Risk Management
Johnson & Johnson won the latest trial over claims its iconic baby powder can cause cancer, as a jury in Long Beach, California, rejected a lawsuit brought by a 65-year-old retired teacher who claimed the product was contaminated with asbestos. The...
by AIP Online Bureau | Apr 12, 2019 | Indian News, Reinsurance
London: Alice G. Vaidyan, Chairman and Managing Director of the General Insurance Corporation (GIC Re ) , the country's national reinsurance major, has been awarded the Freedom of the City of London in recognition of her work to promote insurance ties...
by AIP Online Bureau | Apr 12, 2019 | Disaster & Management, International News, Reinsurance
MUMBAI: The Reserve Bank of India Thursday said reinsurance brokers have been permitted to open non-interest bearing foreign currency accounts with banks for undertaking transactions. Earlier, the Insurance Regulatory and Development Authority of India (Irdai)...
by AIP Online Bureau | Apr 9, 2019 | Eco/Invest/Demography, International News, Risk Management
Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources said. In November, U.S. President Donald Trump withdrew from...
by AIP Online Bureau | Apr 6, 2019 | International News, Risk Management
The family of an American woman killed in the crash of an Ethiopian Airlines 737 MAX filed a lawsuit on Thursday against the airline, Boeing Co. and Rosemount Aerospace Inc., which makes a part of the aircraft that is the focus of investigators. The...
by AIP Online Bureau | Apr 5, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The Supreme Court on Friday refused to entertain a plea challenging the recent Aadhaar Ordinance brought by the Centre and asked the petitioners to approach the high court first with its grievances. A bench of Justices S A Bobde and S A Nazeer...
by AIP Online Bureau | Apr 4, 2019 | Eco/Invest/Demography, Indian News, Non-Life
NEW DELHI: Monsoon rains in India are expected to be below normal this year, the country's only private weather forecasting agency said on Wednesday, dampening prospects of higher farm and economic growth in the $2.6 trillion economy. "The Pacific...
by AIP Online Bureau | Apr 3, 2019 | International News, Non-Life, Risk Management
Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States. General Motors Co., Ford Motor Co. and Toyota Motor Corp. said in...
by AIP Online Bureau | Apr 3, 2019 | International News, Non-Life
Insurer American International Group Inc. said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the face of shareholder criticism. The pay, for...
by AIP Online Bureau | Apr 3, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: The Congress party on Tuesday released its manifesto for the 2019 Lok Sabha elections. Congress President Rahul Gandhi and senior party leaders released the document. The manifesto will reflect the people’s voice and not...
