by AIP Online Bureau | Aug 24, 2018 | Articles, Technology
Lending an impetus to financial inclusion A recent report by Boston Consulting Group (BCG) indicates that over the next five years, digital lending is an unmissable1 trillion-dollar opportunity. This has been spurred on by lending undergoing a massive transformation,...
by AIP Online Bureau | Aug 24, 2018 | Facts, Technology
Japan is making a push to develop flying cars, enlisting companies including Uber Technologies Inc. and Boeing Co. in a government-led group to bring airborne vehicles to the country in the next decade. The group will initially comprise 21 businesses and...
by AIP Online Bureau | Aug 22, 2018 | Indian News
Mumbai: Realty developer Raheja Universal today said it has partnered with private general insurer HDFC Ergo to adopt title insurance policy for their projects. The city-based developer is the first realty player in the country to adopt title insurance...
by AIP Online Bureau | Aug 22, 2018 | Indian News, Policy, Risk Management
New Delhi: In a stern warning to bankers, the Finance Ministry has asked chief executives of public sector banks (PSBs) to check all NPA accounts exceeding Rs 50 crore for fraud or they could face criminal conspiracy charges, according to official...
by AIP Online Bureau | Aug 22, 2018 | Facts, Technology, Trends, Facts
Washington: NASA has released a video created using satellite data that provides an estimate of the intense rainfall over India in the past week and shows the spread of the resulting severe flooding in Kerala and parts of Karnataka. The summer monsoon is a...
by AIP Online Bureau | Aug 22, 2018 | Indian News
Chennai: Even as different estimates of losses suffered by Kerala in the monsoon floods are doing the rounds, general insurance experts on Monday said that there will certainly be an increase in the premium charged by reinsurers for covering flood risks. ...
by AIP Online Bureau | Aug 22, 2018 | Indian News
New Delhi: A group of Indian and international partners on Tuesday announced the formation of a coalition that aims to catalyse a mass entrepreneurship movement in India with the aim of creating 10 million new entrepreneurs and 50 million new jobs by 2030....
by AIP Online Bureau | Aug 22, 2018 | International News, Reinsurance
Hannover: The Supervisory Board of Hannover has appointed Swiss Re's Jean-Jacques Henchoz (53) as the new CEO of company to succeed Ulrich Wallin with effect from Apr 1, 2019. Since 2011, Jean-Jacques Henchoz has been in charge of the region...
by AIP Online Bureau | Aug 21, 2018 | Data
Retirement fund body EPFO's payroll data suggests that as many as 47.13 lakh jobs were created during September 2017 to June this year. However, the retirement body lowered earlier estimate of new members enrolment by 12.38 per cent, from 44.74 lakh...
by AIP Online Bureau | Aug 20, 2018 | Indian News
Hyderabad: Telangana Agriculture Minister Pocharam Srinivasa Reddy today said insurance bonds under the state government's "Rythu Bima" insurance scheme have been prepared for more than 26.52 lakh farmers. Reddy held a video conference with...
