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Jack Ma is using sports data to change the way people shop

by AIP Online Bureau | Dec 7, 2018 | Health, Intermediaries, International News

  Just as professional sports teams have used reams of data to maximize performance, Chinese billionaire Jack Ma is turning to analytics to get the most out of fans and change the way athletic events are managed and people shop for gear.   After getting its...

AM Best revises 2019 Global Reinsurance Outlook to Stable

by AIP Online Bureau | Dec 7, 2018 | International News, Life, Non-Life, Reinsurance

OLDWICK, N.J: AM Best has revised its market segment outlook for the global reinsurance industry to stable from negative for 2019, citing factors stemming from a growing alignment between traditional and third-party capital among non-life reinsurers. A more-stabilized...

Centre, Google, FB, WhatsApp agree to stamp out rape, child porn videos: SC

by AIP Online Bureau | Dec 7, 2018 | Indian News, Risk Management

  New Delhi:  The Supreme Court Thursday said the Centre and Internet giants, including Google, Microsoft and Facebook, were in agreement that videos of rape, child pornography and objectionable material needed to be "stamped out".   A bench...

Mercedes tops vehicle sales satisfaction for luxury brands in India: Study

by AIP Online Bureau | Dec 7, 2018 | Indian News, Non-Life

  New Delhi: German carmaker Mercedes-Benz has topped sales satisfaction in the luxury vehicles segment followed by rival BMW in India, according to a study by global market research firm JD Power.   According to the J D Power 2018 India sales satisfaction...

RBI to bring ‘ombudsman scheme’ to solve digital transaction complaints

by AIP Online Bureau | Dec 7, 2018 | Indian News, Regulation, Risk Management

  Mumbai: The Reserve Bank will introduce an 'ombudsman scheme' to provide cost-free mechanism to redress grievances of customers related to digital transactions.   With the digital mode for financial transactions gaining traction in the country,...

Next generation of combustion engines, in 2026, to be the last: Volkswagen

by AIP Online Bureau | Dec 7, 2018 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

  Wolfsburg, Germany:  Volkswagen's strategy chief said on Tuesday the German carmaker's core brand will develop its final generation of vehicles using combustion engine technology in 2026.   Volkswagen made a strategy shift towards...

Insured losses from California Wildfire Between $6 bn and $9 bn: AIR Worldwide

by AIP Online Bureau | Dec 6, 2018 | Disaster & Management, International News

   Boston: Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from the Camp Fire in Northern California will be between USD 6 billion and USD 9 billion.    Taken together with the Woolsey fire in Southern...

Citizens may soon be able to opt-out of Aadhaar as govt looks to amend the Act

by AIP Online Bureau | Dec 6, 2018 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: The government is likely to include an opt-out clause in the Aadhaar Act,allowing citizens to opt-out of Aadhaar and withdraw their biometrics data.    According to a media report the Aadhaar issuing body, Unique Identification Authority of...

Child marriage costs countries billions in lost earnings, World Bank

by AIP Online Bureau | Dec 6, 2018 | Eco/Invest/Demography, Facts, Health

  ACCRA:  According to a new World Bank report, more than a third of girls in sub-Saharan Africa marry before their 18th birthday, which costs countries billions of dollars in lost earnings.   Estimates for 12 countries suggest some $63 billion (55.5...

Tackling Climate Change can help India, China with health benefits: WHO

by AIP Online Bureau | Dec 6, 2018 | Climate, Environment, Renewable Energy, Health, Indian News

KATOWICE (POLAND): ndia and China could gain massive health benefits by tackling climate change, the WHO said on Wednesday. For India, the gains could be $3.28-8.4 trillion.   Meeting the goals of the 2015 Paris Climate Change Agreement could save about a million...
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