by AIP Online Bureau | Jul 4, 2018 | International News
Singapore: Singapore based Etiqa Insurance has launched a 30-minute fast Own Damage (OD) claims approval for its motor policyholders, a first-ever feature in the motor insurance sector in Singapore. Motor claims approval generally takes...
by AIP Online Bureau | Jul 3, 2018 | Climate, Environment, Renewable Energy, International News
Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in one of the world’s poorest regions, the World Bank said. A World Bank report released on June 28 analyzes two scenarios: “climate sensitive,”...
by AIP Online Bureau | Jul 3, 2018 | Indian News, Regulation
New Delhi: Providing an interim relief, the Supreme Court(SC), that opened on Monday after six weeks of Summer break,stayed the March 16 judgment of the Securities Appellate Tribunal order that had made strong charges against PJ Joseph,...
by AIP Online Bureau | Jul 2, 2018 | Indian News, Risk Management
A wave of religious intolerance as India heads toward elections is emerging as a new risk for its biggest companies. Over the past weeks, a telecom giant, the Indian lender led by Asia’s richest banker, and the local rival of Uber Technologies Inc. have...
by AIP Online Bureau | Jul 2, 2018 | Articles
FDI growth hits 5-year low in 2017-18India has moved up to 73rd place in terms of money parked by its citizens and companies with Swiss banks, while the UK remains on the top. India had slipped to 88th place with a 44 percent plunge in such funds during 2016,...
by AIP Online Bureau | Jul 2, 2018 | Indian News, Technology
New York / New Delhi: Tech Mahindra on Monday entered into a strategic partnership with LIFARS, LLC, a New York City-based cybersecurity digital forensics and incident response firm, to premier an elite Advanced Managed Threat Detection and Response...
by AIP Online Bureau | Jul 2, 2018 | Indian News
Mumbai: The Central Bureau of Investigation(CBI), the country’s premier investigative agency, has filed an FIR on May 30 against two insurance brokers Prudent Insurance Brokers and Salasar Insurance Brokers and Dharam Sharma for criminal conspiracy,...
by AIP Online Bureau | Jul 2, 2018 | Climate, Environment, Renewable Energy, International News
Zurich: Swiss Re, the second largest global reinsurer,on Monday has started the implementation of its thermal coal policy announced in June 2017.Under the coal policy, Swiss Re will not provide re/insurance to businesses with more than 30% exposure to...
by AIP Online Bureau | Jul 1, 2018 | Indian News
Mumbai: The employee unions of the Life Insurance Corporation, banking industry and IDBI Bank have staunchly opposed the proposed move facilitated by the government to allow Life Insurance Corporation to acquire majority stakes in debt-laden IDBI Bank....
by AIP Online Bureau | Jun 30, 2018 | International News, Regulation
The European Union’s default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU official told Reuters. The official’s...