by AIP Online Bureau | Dec 20, 2018 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Finance Minister Arun Jaitley Thursday said the government will infuse Rs 83,000 crore in public sector banks in the next few months of the current fiscal. Earlier in the day, the government sought Parliament's approval for infusion of an...
by AIP Online Bureau | Dec 20, 2018 | Facts, Technology
Microsoft announced a three-year "Intelligent Cloud Hub" collaborative programme in India to empower institutes to skill students in Artificial Intelligence (AI) and Cloud technologies. The dedicated AI infrastructure and Internet of...
by AIP Online Bureau | Dec 20, 2018 | Indian News, Risk Management
New Delhi: The Lok Sabha Thursday managed to pass two bills before adjourning for the day amid protests by Opposition parties including Congress and TDP on various issues. Amid the uproar, the two bills which were passed were – the Consumer...
by AIP Online Bureau | Dec 20, 2018 | International News, Reinsurance, Risk Management
Boston: Catastrophe risk modeling firm AIR Worldwide estimates that the direct cyber incident losses for the Marriott breach will be between USD 200 million and USD 600 million. AIR's loss estimates are based on the assumption that 500 million records...
by AIP Online Bureau | Dec 20, 2018 | Eco/Invest/Demography, International News, Regulation, Risk Management
Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be embraced by regulators. Getting the...
by AIP Online Bureau | Dec 20, 2018 | Interviews, Life
Why the New Business Premium growth in Life Insurance Industry has slowed down in 2017-18? There is no slowdown in New Business growth and the industry is registering growth over growth. In fact in terms of New Business Premium, Life Insurance...
by AIP Online Bureau | Dec 20, 2018 | Indian News, Non-Life, Technology
Mumbai:: ICICI Lombard, today launched industry’s first Artificial Intelligence (AI) based solution to facilitate instant renewals of expired or lapsed motor insurance policies. The tech-based feature will allow the user to capture images of his/her car...
by AIP Online Bureau | Dec 20, 2018 | Intermediaries, International News, Risk Management
Missouri: Healthcare conglomerate Johnson & Johnson has lost its motion to reverse a verdict that awarded $4.7 billion to women who blamed ovarian cancer on asbestos in the company's Baby Powder and other talc products, a Missouri court ruled on...
by AIP Online Bureau | Dec 19, 2018 | Eco/Invest/Demography, Indian News
New Delhi: NITI unveils 'New India' strategy paper to achieve $5-trn economy by 2030NITI Aayog on Wednesday unveiled its much awaited 'Strategy for New India @ 75' document with an aim to accelerate growth to 8-9 per cent and make the...
by AIP Online Bureau | Dec 19, 2018 | Health, International News, Risk Management
Washington: Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its product and...
