by AIP Online Bureau | Oct 10, 2018 | Climate, Environment, Renewable Energy, International News
The economic cost of climate-related disasters hit USD 2.25 billion over the last two decades, an increase of more than 250 percent compared to the previous 20 years, the UN said on Wednesday. The United Nations Office for Disaster Risk Reduction (UNISDR) noted...
by AIP Online Bureau | Oct 10, 2018 | International News, Reinsurance
London/New York/Munich/Paris/Singapore: In line with the growing importance of non-traditional insurance solutions for global businesses, Allianz Global Corporate & Specialty (AGCS) is reshaping its Alternative Risk Transfer (ART) line of business into...
by AIP Online Bureau | Oct 10, 2018 | International News
NEW YORK: After one of the most active years for property and casualty (P&C) and life insurance M&A, market conditions point to a continued push for deals, according to analysis by S&P Global Market Intelligence. Through the first nine months of...
by AIP Online Bureau | Oct 9, 2018 | International News, Risk Management
Alphabet Inc’s Google said on Monday up to 500,000 Google+ user accounts were potentially affected by a bug that may have exposed their data to external developers, and the company is shutting down the social network for consumers. Google opted not to...
by AIP Online Bureau | Oct 9, 2018 | Health, International News
India fared poorly, ranking 147 out of 157 countries, in terms of its commitment to reducing inequality, while Denmark topped the list, a report said on Tuesday. According to the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance...
by AIP Online Bureau | Oct 9, 2018 | Facts
Gender diversity is likely to boost productivity growth, including in countries like India, as women bring new skills to the workplace, according to the IMF. The progress has been made in increasing female labour force participation in the past two decades but...
by AIP Online Bureau | Oct 9, 2018 | Indian News
Raipur: Nine employees were killed and 14 others injured Tuesday in a blast at the Bhilai steel plant of state-owned SAIL in Chhattisgarh’s Durg district, police said. The fire took place around 10.30am in a gas pipe line of Coke Oven Battery...
by AIP Online Bureau | Oct 9, 2018 | Indian News
Mumbai: For those surprised by India’s decision to hold interest rates last week, the central bank’s forward-looking surveys hold some explanation: demand in the world’s fastest-growing major economy may be cooling. The capacity...
by AIP Online Bureau | Oct 9, 2018 | Indian News, Risk Management, Technology
New Delhi: Mobile messaging platform WhatsApp Tuesday said it has built a system that stores payments-related data in India, in line with RBI's data localisation policy. The Reserve Bank of India (RBI), in a circular in April, had said all system...
by AIP Online Bureau | Oct 8, 2018 | Health, International News
Singapore: Asia led by China and India, with a health protection gap of $1.8 trillion, has the most in the segment in the world, according to a study by global reinsurer Swiss Re. The health protection gap is driven by the large population, low...
