by AIP Online Bureau | Feb 14, 2019 | Eco/Invest/Demography, Indian News
An Indian think tank founded by the central bank wants the government to form an independent body to vet official data after questions were raised about the credibility of the nation’s statistics. Some of the assumptions for economic growth and deficits...
by AIP Online Bureau | Feb 14, 2019 | International News, Non-Life
American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in a volatile market. Excluding realised investment gains and losses and some other items, AIG...
by AIP Online Bureau | Feb 14, 2019 | Health, International News, Risk Management
A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and asbestos-related mesothelioma. Imerys Talc America,...
by AIP Online Bureau | Feb 14, 2019 | Eco/Invest/Demography, International News, Non-Life
TOULOUSE, France: Europe’s Airbus announced plans to scrap production of the A380 superjumbo on Thursday, abandoning its dream of dominating the skies with a cruiseliner for the 21st century after years of lacklustre sales. The world’s...
by AIP Online Bureau | Feb 13, 2019 | Health, Indian News
Mumbai/Chennai: Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an insurance venture with Munich Re AG to repay debt, people with knowledge of the matter said. The family is...
by AIP Online Bureau | Feb 13, 2019 | International News, Technology
As Amazon.com Inc. and Google work to place their smart speakers at the center of the internet-connected home, both technology giants are expanding the amount of data they gather about customers who use their voice software to control other gadgets. For...
by AIP Online Bureau | Feb 12, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Addis Ababa: Greater international cooperation is needed to prevent unsafe food from causing ill health and hampering progress towards sustainable development, world leaders said at today’s opening session of the First International Food Safety...
by AIP Online Bureau | Feb 12, 2019 | International News, Reinsurance
OLDWICK, N.J: Pricing in the global reinsurance sector remains disappointing following the Jan. 1, 2019, renewals, according to a new AM Best report, as expected rate increases following heavy catastrophe losses in 2017-2018 did not come to fruition. The...
by AIP Online Bureau | Feb 12, 2019 | Eco/Invest/Demography, Indian News, Life
New Delhi: Stressing that tax concessions have been provided with a view to help poor and middle-class people living on a tight budget, Finance Minister Piyush Goyal on Tuesday said that now individuals earning up to Rs 9.5 lakh can escape liability by taking...
by AIP Online Bureau | Feb 12, 2019 | Eco/Invest/Demography, Facts, Trends, Facts
New DelhI: Keeping in line with the changing priorities of millennials, a survey has revealed that almost 48 percent of respondents said they would consider switching jobs for greater flexibility. Almost half (48 percent) of employees surveyed agreed that they...
