by AIP Online Bureau | Dec 27, 2018 | Data, Eco/Invest/Demography, Health
NEW DELHI: Virudhunagar (Tamil Nadu), Naupada (Odisha) and Sidharthnagar (Uttar Pradesh) have emerged as the top three districts in the ranking of aspirational districts by Niti Aayog. Pakur (Jharkhand), Hailakandi (Assam) and Chatra...
by AIP Online Bureau | Dec 27, 2018 | Articles, Risk Management, Technology
As cyber underwriters, a big part of our job is to be curious, to piece together “what-ifs” to try to analyse as yet unknown or untested risks. Our role is to look at constantly evolving technology, and a shifting regulatory environment, and...
by AIP Online Bureau | Dec 27, 2018 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
Jakarta: For Tsunami, that struck Indonesian islands Lampung and Banten without warning last week, insurers will have shell out an estimated US$1.09 billion in claims to policyholders, according to Jakarta Post. According to insurance...
by AIP Online Bureau | Dec 26, 2018 | Eco/Invest/Demography, Indian News, Intermediaries
New Delhi: Tightening norms for e-commerce firms having foreign investment, the government Wednesday barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that...
by AIP Online Bureau | Dec 26, 2018 | Indian News, Non-Life
Hyderabad: The total premium collected by non-life insurance companies rose 26.5 percent to Rs 12,551.26 crore in November 2018, according to IRDAI data. The 33 companies in the non-life insurance business garnered gross direct premium of Rs 9,921.21 crore in...
by AIP Online Bureau | Dec 26, 2018 | Data, Eco/Invest/Demography
Companies in India spent Rs 7,536.3 crore on corporate social responsibility (CSR) activities in 2017-18, a 47 percent rise compared to 2014–15, says a survey. "This is a significant rise, clearly demonstrating higher expenditure towards CSR...
by AIP Online Bureau | Dec 26, 2018 | Indian News, Non-Life, Risk Management
New Delhi: Cyber security firm Seqrite said it has detected over 2.6 crore threats targeting Indian companies between July and September, translating to 2.8 lakh threats a day. "Seqrite detected more than 2.6 crore threats targeting Indian...
by AIP Online Bureau | Dec 26, 2018 | Indian News, Non-Life, Regulation
New Delhi: Consultant Ernst & Young, that had bagged the deal to devise detailed strategies for the merger of the three state PSU general insurance companiesm, will be paid a fee of around Rs 60 crore and has been asked to complete assignment in the...
by AIP Online Bureau | Dec 25, 2018 | Eco/Invest/Demography, Facts, Technology
New Delhi: It faces threats from rising protectionism, data flow curbs and fast-changing technological shifts, but the Indian IT industry is keeping its hopes high for the new year with plans afoot for big investments in automation and artificial...
by AIP Online Bureau | Dec 25, 2018 | Eco/Invest/Demography, Indian News, Technology
New Delhi: In a hyper-connected India, Internet of Things has the potential to reach an estimated 2 billion connections, unlocking revenues of USD 11.1 billion by 2022, according to a new report. "Fast forward to India 2022, 5 new mobile...
