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Tests expose risks of Semi-Autonomous driving systems

by AIP Online Bureau | Aug 10, 2018 | International News, Regulation, Reinsurance, Risk Management

Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you’re not paying attention, an insurance industry group warns.   The Insurance Institute for Highway Safety, in a paper titled...

Merger Deals Now Include #MeToo Sexual Harassment Clauses

by AIP Online Bureau | Aug 10, 2018 | International News, Reinsurance, Risk Management

  On Wall Street, it’s known as “the Weinstein clause.”   Advisers are adding guarantees to certain merger agreements in light of the sexual misconduct scandals that have enveloped the producer Harvey Weinstein and other high-profile...

Heavy rains, landslides claim 24 lives in Kerala

by AIP Online Bureau | Aug 10, 2018 | Indian News, Risk Management

  Thiruvananthapuram:  As heavy rains continued to lash various parts of Kerala, two more shutters of the Cheruthoni Dam, part of the Idukki Reservoir, were opened on Friday as the water level touched 2,401 feet.   For the first time in the last 26...

July drought and wildfires likely to result in minimum €3.5bn economic loss in Europe: Aon report

by AIP Online Bureau | Aug 10, 2018 | International News, Reinsurance

                                       CHICAGO: Impact Forecasting, the...

Sebi panel recommends seeking powers to tap phone calls

by AIP Online Bureau | Aug 10, 2018 | Indian News, Regulation, Risk Management

  New Delhi: Suggesting sweeping reforms, a high-level committee on Thursday recommended market watchdog Securities and Exchange Board of India (Sebi) to seek powers to intercept phone calls to aid investigations and also grant immunity to whistleblowers blowing...

Passenger vehicle sales dip 2.71% in July; domestic car sales also see a drop

by AIP Online Bureau | Aug 10, 2018 | Indian News

  New Delhi: Domestic passenger vehicle sales declined 2.71 percent to 2,90,960 units in July from 2,99,066 units in the same month previous year. Domestic car sales also declined marginally to 1,91,979 units compared to 1,92,845 in July 2017, according to data...

Boosting literacy might unlock a $50 bn opportunity in India’s e-comm space

by AIP Online Bureau | Aug 9, 2018 | Facts, Technology

  Enhancing literacy and building locally relevant solutions can drive usage and transactions among Internet users in the country, helping unlock a $50 billion opportunity in the e-commerce space, a report said on Thursday.   The report by Google, Bain &...

Acting FM Goyal wants merger between New India & National Insurance, Oriental Insurance & United India   

by AIP Online Bureau | Aug 9, 2018 | Indian News

  New Delhi: Giving  a new twist to the ongoing mega merger proposal of three public sector general insurers, Oriental Insurance Company(OIC),United India Insurance(UII),National Insurance Company, acting finance minister Piyush Goyal now wants two set...

Indian economy is a like an elephant that is starting to run, says IMF

by AIP Online Bureau | Aug 9, 2018 | Indian News

  New Delhi: In its latest report on India, the International Monetray Fund(IMF),published on Tuesday,not only reaffirms that the country is "again one of the world's fastest-growing economies" – accounting for about 15 percent of global...

US court weighs Cancer claims against Monsanto’s Roundup

by AIP Online Bureau | Aug 8, 2018 | Health, International News

A trial in the US, a school groundskeeper alleged that his use of Monsanto’s Roundup weed killer caused his terminal cancer and will go to a California jury after lawyers for both sides delivered their closing arguments on Tuesday.   Groundskeeper Dewayne...
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