by AIP Online Bureau | Mar 15, 2019 | Indian News, Non-Life, Risk Management
New Delhi: One of the key prongs for the welfare of ex-servicemen — the Army Group Insurance Fund (AGIF) — has exposure to toxic IL&FS bonds amounting close to Rs 210 crore. This means that crores worth of insurance premiums, covering all ranks...
by AIP Online Bureau | Mar 15, 2019 | International News, Risk Management, Technology
NEW YORK: Boeing will roll out an upgrade to the software in the MCAS stall prevention system on the 737 MAX aircraft that have had two deadly accidents in recent months, an industry source told AFP. The system was implicated in the crash of a 737...
by AIP Online Bureau | Mar 15, 2019 | Eco/Invest/Demography, International News, Risk Management
CHRISTCHURCH: Mass shootings at two mosques full of worshippers attending Friday prayers killed 40 people on what the prime minister called "one of New Zealand's darkest days," as authorities detained four people and defused explosive devices in what...
by AIP Online Bureau | Mar 15, 2019 | Indian News, Non-Life, Regulation
Mumbai: HDFC ERGO, country’s third largest non-life insurance provider in the private sector, today announced the adoption of their Title Insurance policy by Shraddha Landmark Private Ltd (SLPL), for their upcoming project in Bhandup (West) near Neptune...
by AIP Online Bureau | Mar 14, 2019 | Indian News, Life
Mumbai: M.R.Kumar has taken charge as chairman of Life Insurance Corporation today.The post had fallen vacant after VK Sharma retired in Dec end. Kumar was In-charge of North Zone comprising of Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir,...
by AIP Online Bureau | Mar 14, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
LONDON: Tata Motors owned Jaguar Land Rover (JLR) has initiated a voluntary recall of around 44,000 cars in the UK over higher than certified levels of carbon dioxide (CO2) emissions. The UK-based luxury car-maker said on Thursday that it will contact...
by AIP Online Bureau | Mar 14, 2019 | International News, Risk Management
Boeing Co.’s $600 billion-plus order book for its 737 Max began shaking after several big customers threatened to reconsider their purchases in the wake of the Ethiopian Airlines crash, the second deadly accident involving the plane since October. ...
by AIP Online Bureau | Mar 14, 2019 | Eco/Invest/Demography, International News
President Donald Trump’s “I LOVE YOU!” tweet to farmers is facing another challenge: Budget cuts that will slash subsidies for crop insurance and small growers. Trump’s 2020 budget, released Monday, calls for a 15 percent funding drop...
by AIP Online Bureau | Mar 14, 2019 | International News, Workplace/Employee Benefits
Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment. Resolution of the long-standing...
by AIP Online Bureau | Mar 14, 2019 | Eco/Invest/Demography, Indian News, Non-Life
WASHINGTON: The United States and India on Wednesday agreed to strengthen security and civil nuclear cooperation, including building six U.S. nuclear power plants in India, the two countries said in a joint statement. The agreement came after two days of talks in...
