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SC bans 15-yr-old petrol, 10-yr-old diesel vehicles in NCR due to pollution

by AIP Online Bureau | Oct 29, 2018 | Health, Indian News, Technology

  New Delhi: The Supreme Court Monday prohibited the plying of 15-year-old petrol and 10-year-old diesel vehicles in the national capital region (NCR) and directed the transport department to announce that such vehicles would be impounded if found plying. Terming...

ILS as an established asset class continues its momentum:Willis Survey

by AIP Online Bureau | Oct 28, 2018 | International News, Reinsurance

  London:  End investors, ILS funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity with a view that reinsurance products backed by ‘alternative’ capital have become...

An evolving economy needs dynamic regulation, says Arun Jaitley

by AIP Online Bureau | Oct 28, 2018 | Indian News, Policy, Regulation

  New Delhi: Finance Minister Arun Jaitley Saturday said as an economy evolves, regulation needs to be relaxed or altered keeping in the mind the ground situation.Speaking at an IDFC event here, he said governments increasingly get opportunities to interact with...

Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far

by AIP Online Bureau | Oct 28, 2018 | Indian News

  New Delhi: Foreign investors have pulled out a massive Rs 356 billion (about $5 billion) from the Indian capital markets this month on concerns over rupee depreciation, global trade war tiff and rising crude prices.   The latest outflow is higher than Rs...

Allianz Insurance Product Protects Firms Against Clean Energy Price Swings

by AIP Online Bureau | Oct 27, 2018 | International News

  Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather.   The company is using a risk-management tool called a volume-firming agreement for almost 500 megawatts of...

AIR Worldwide Develops Probabilistic Model for Global Cyber Risks

by AIP Online Bureau | Oct 27, 2018 | International News, Risk Management

  Catastrophe risk modeling firm AIR Worldwide announced it has developed a probabilistic model for cyber risk, which is capable of accounting for security breach and cloud service provider downtime incidents for insurance portfolios worldwide.   AIR’s...

Shareholders of Singapore Reinsurer ACR Capital Eyeing Sale: Sources

by AIP Online Bureau | Oct 27, 2018 | International News, Reinsurance

  ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a deal with Chinese buyers fell apart, people familiar with the matter said.   The company’s owners, which include Temasek...

CPCB to initiate criminal prosecution for non-compliance of anti-pollution directives: Harsh Vardhan

by AIP Online Bureau | Oct 27, 2018 | Health, Indian News, Risk Management

  NEW DELHI: As the average air quality in the national capital region inched towards severe levels, Union Environment Minister Harsh Vardhan said Saturday the government has decided to initiate criminal prosecution against agencies which do not comply with the...

Microsoft’s Digital Crime Unit busy catching cyber thugs in India

by AIP Online Bureau | Oct 27, 2018 | Indian News, Risk Management

Redmond (Washington State):  In a significant operation earlier this month, the cyber cell of Delhi Police arrested 24 people who posed as Microsoft tech support staff and duped several US citizens.   This could not have been possible without the the...

Mental Health :Rehabilitating affected employees

by AIP Online Bureau | Oct 27, 2018 | Articles, Health, Risk Management

Employers and employees alike in the UK are becoming aware of the need to talk about mental health at work. The UK Government last year commissioned a review on the subject as part of an effort to transform the way mental health is dealt with at work, in schools and...
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