by AIP Online Bureau | Jan 28, 2019 | Facts, Technology, Trends, Facts
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling – like a Popular Mechanics feature come to life! Well, yeah. About that. It seems increasingly likely that aerospace companies and startups are rushing to...
by AIP Online Bureau | Jan 27, 2019 | International News, Non-Life, Risk Management
The US-Bangla airline Bombardier UBG-211 crash that occurred in March last year, took place as the pilot, who was in charge of the flight had smoked inside the cockpit despite restrictions, authorities confirmed on Sunday. "The company has a policy...
by AIP Online Bureau | Jan 27, 2019 | Data, Eco/Invest/Demography
Foreign investors have pulled out close to Rs 6,000 crore so far from the Indian stock markets in January and experts believe this trend will continue in the coming months as well. This comes following a collective net inflow of Rs 8,584 crore in the...
by AIP Online Bureau | Jan 27, 2019 | Eco/Invest/Demography, Indian News, Non-Life
NEW DELHI: Finally, the government may be yielding and the upcoming Budget may have a provision for Rs 4,000-crore- Rs 4500 crore capital infusion for the three solvency deficit public sector general insurance companies, National Insurance...
by AIP Online Bureau | Jan 27, 2019 | Blog, Eco/Invest/Demography, Life, Pension & Social Security
Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time to relax, spend time with family and...
by AIP Online Bureau | Jan 27, 2019 | Eco/Invest/Demography, Facts, Non-Life, Risk Management
Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world’s largest planemaker bids to revolutionize urban transportation and parcel delivery services. Boeing...
by AIP Online Bureau | Jan 26, 2019 | International News, Non-Life, Reinsurance
NEWPORT BEACH, Calif: PIMCO, one of the world’s premier fixed income investment managers has hired Rick Pagnani, Executive Vice President, to lead the launch of the firm’s property and casualty insurance-linked securities (ILS) business. The...
by AIP Online Bureau | Jan 26, 2019 | Data, Eco/Invest/Demography, Risk Management
Deal value increased by over 80 percent to USD 110 billion, making 2018 a record-breaking year for mergers and acquisition activity in India, a report said on Friday. The deal activity will be tepid for the first two quarters of the fiscal and...
by AIP Online Bureau | Jan 26, 2019 | International News, Reinsurance, Technology
DAVOS, Switzerland: The world’s second-largest reinsurer, Swiss Re, plans to double down on a small, new online insurance venture as its huge core business continues to be pinched by losses on natural disasters and what it calls unsustainably low...
by AIP Online Bureau | Jan 25, 2019 | Indian News, Non-Life
Mumbai: With an underwriting profit of Rs 49 crore ,SBI General Insurance has recorded a profit of Rs 89 cr for Q3, FY 18-19, up 53 per cent, as compared to Rs 58 cr in the year-ago period. With a valuation of Rs 12,000 crore at the end of Q2 FY 2018-19,...
