by AIP Online Bureau | Jan 8, 2019 | Disaster & Management, International News, Non-Life, Reinsurance
Munich: Natural disasters including wildfires, hurricanes and tsunamis inflicted $160 billion of damage and claimed 10,400 lives in 2018, German reinsurer Munich Re said Tuesday. Global natural disasters wreak $160 bn damage in 2018; worst losses in US...
by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, Indian News, Technology
New Delhi: India may have to forgo as much as $1.97 trillion in gross domestic product (GDP) growth promised by investment in intelligent technologies over the next decade if the country fails to bridge the skills gap, a new report from Accenture said on...
by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
ISLAMABAD: At least 595 people, including Pakistani security officials, have been killed and 1,030 others injured in 262 terror attacks in the country during 2018, according to a report. Most of the attacks were targeted at security and law...
by AIP Online Bureau | Jan 7, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: The ministerial panel under Bihar Deputy Chief Minister Sushil Modi Sunday approved levy of 1 per cent 'calamity cess' by Kerala for a period of two years to fund rehabilitation work in the state hit by floods. The goods and services,...
by AIP Online Bureau | Jan 7, 2019 | Indian News, Non-Life
New Delhi: Union Minister Ravi Shankar Prasad has said the government will soon make it mandatory for linking Aadhaar with driving licences. Delivering his presidential address at the ongoing 106th Indian Science Congress at Lovely Professional...
by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: Terming Aadhaar as a "game changer", Finance Minister Arun Jaitley Sunday said savings made through its implementation can fund three public welfare schemes of the magnitude of Ayushman Bharat — the ambitious healthcare programme to...
by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: Domestic carriers inducted, for the first time, over 100 planes in 2018 with budget carrier IndiGo accounting for nearly half of them, according to industry figures. The nine major Indian carriers together took deliveries of over 120 planes comprising both...
by AIP Online Bureau | Jan 7, 2019 | Disaster & Management, International News, Technology
Los Angeles has released an earthquake warning app that could give LA County residents precious seconds to drop, cover and hold on in the event of a quake. The city announced this week that ShakeAlertLA is available for download on Android and Apple...
by AIP Online Bureau | Jan 6, 2019 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: In efforts to weed out unscrupulous elements, the Corporate Affairs Ministry plans to collect KYC details of companies, chartered accountants, cost accountants and company secretaries. A senior ministry official said the exercise...
by AIP Online Bureau | Jan 6, 2019 | Blog, Risk Management, Technology, Trends, Facts
Robots Haven’t Eliminated Many Jobs – So Far: World BankThe rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by...
