by AIP Online Bureau | Aug 2, 2018 | International News
London: Britain’s exports of financial services to the European Union hit a record high last year, highlighting the need for the City to preserve access to the bloc after Brexit, industry officials said on Tuesday. Exports rose 3.6 billion...
by AIP Online Bureau | Aug 2, 2018 | Health, International News, Technology
Hong Kong: Prudential Corporation Asia today announced it has entered into an exclusive partnership agreement with UK-based healthcare technology and services company Babylon Health . Babylon's artificial intelligence ("AI") expertise will...
by AIP Online Bureau | Aug 1, 2018 | Indian News
MUMBAI: Making money more expensive, for the second time in two months, the six-member Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday raised its benchmark interest rate by 25 basis points (bps) on inflationary concerns, a move that...
by AIP Online Bureau | Aug 1, 2018 | Indian News
Mumbai: In a temporary arrangement, H Rokde, general manger & director, New India Assurance(NIA) along with one of his colleagues ,C Narambunathan, general manager & director, NIA,have been jointly assigned, -Current in Charge- the functions...
by AIP Online Bureau | Aug 1, 2018 | Indian News, Regulation, Technology
Hyderabad: In a bid regulate the use of technology-Insurtech- by the Indian insurance industry, with a strong focus on the protecting the rights and interests of customers, the insurance regulator IRDAI's working group has said that the consent of the...
by AIP Online Bureau | Aug 1, 2018 | International News, Technology
Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars. Through its acquisition of Otto in 2016, Uber had...
by AIP Online Bureau | Aug 1, 2018 | International News
Hong Kong: Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the matter said. FWD is...
by AIP Online Bureau | Aug 1, 2018 | International News
London: Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said. ...
by AIP Online Bureau | Aug 1, 2018 | International News
Jakarta: A strong and shallow earthquake early Sunday killed at least 14 people and injured more than 160 on Indonesia’s Lombok island, a popular tourist destination next to Bali, officials said. The quake damaged more than 1,000 houses and was...
by AIP Online Bureau | Jul 31, 2018 | Indian News, Risk Management
NEW DELHI: Bribe givers can now be punished with a jail term of maximum of seven years under a new anti-corruption law that has got assent from President Ram Nath Kovind. Besides, public servants — politicians, bureaucrats and bankers among others...
