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Concerns mount over Data Privacy Guidelines set by Genetic-Testing companies

by AIP Online Bureau | Aug 5, 2018 | Articles, Health, Regulation, Risk Management

  Genetic-testing companies that have decoded the DNA of millions just introduced new guidelines to protect data privacy.   But those best practices failed to address a major concern: what happens to customers’ data that is shared for research with...

Laptop Battery fire in checked luggage could bring down an Airliner: Study

by AIP Online Bureau | Aug 5, 2018 | Facts, Risk Management

  A single personal electronic device that overheats and catches fire in checked luggage on an airliner can overpower the aircraft’s fire suppression system, potentially creating a fire that could rage uncontrolled, according to new government research....

Around 10,000 jobs to be created under National Health Protection Scheme

by AIP Online Bureau | Aug 5, 2018 | Health, Indian News

  New Delhi:  At least 10,000 new jobs will be created with the implementation of the Centre's ambitious Ayushman Bharat-National Health Protection Mission (AB-NHPM), which aims to provide a cover of Rs 5 lakh per family annually to 10 crore poor...

Fintech Payments market prone to cyber-attacks,City of London & PWC Report

by AIP Online Bureau | Aug 3, 2018 | Indian News, Risk Management, Technology

  London: In a rapidly emerging Fintech Payments market like India, the Cyber security threat is all the more pertinent considering the size of the payments market and the fact that India is one of the most vulnerable countries in the world that is prone to...

Social media communication hub policy withdrawn: Centre tells Supreme Court

by AIP Online Bureau | Aug 3, 2018 | Indian News, Policy

  NEW DELHI: The proposal to create a 'Social Media Communication Hub' has been withdrawn, the Centre told the Supreme Court on Friday.   “Social media hub policy would be reviewed by government,” Attorney General K K Venugopal told a...

Hong Kong Insurance Market attracts Mainland Chinese seeking lucrative pay

by AIP Online Bureau | Aug 3, 2018 | Health, International News

  Hong Kong: May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong.   Drawn by lucrative pay, Zhang is part of...

Insurtech Firm Wefox Seeks New Funding with Softbank Among Investors

by AIP Online Bureau | Aug 3, 2018 | International News, Technology

  Wefox, one of Europe’s fastest-growing insurance technology firms, is close to settling on a new “triple-digit million” euro funding round, with Softbank’s Vision Fund among the suitors, three sources familiar with the negotiations said....

Indian married women have sexual autonomy like right to say ‘no’: SC

by AIP Online Bureau | Aug 3, 2018 | Facts

  New Delhi: If a woman has right to say 'no' then it has to be accepted that she also does not lose her "sexual autonomy" after marriage, an Indian Supreme Court judge today said.   Justice D Y Chandrachud, who was part of a five-judge...

Insurers to pay interest on delayed claim pay-out to farmers

by AIP Online Bureau | Aug 3, 2018 | Indian News

  NEW DELHI: Insurance companies, which fail to clear claims of farmers for crop loss within two months, will have to repay with 12 per cent interest, Union Agriculture Minister Radha Mohan Singh said today.  Singh said in the Lok Sabha that the central...

Aeromexico Plane Crash causes dozens of injuries but no deaths

by AIP Online Bureau | Aug 2, 2018 | International News

  Mexico City: Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico’s state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities.   The...
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