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Building Data Equity in the world of Insurance!

by AIP Online Bureau | Apr 29, 2018 | Articles, Technology

It has been debated for long now that data is treated as an asset and that it should reflect on the balance sheet. The implications of Data are far more wider and deeper when it comes to the Insurance business, as it forms the backbone of the entire insurance value...

UP plansĀ 1,000 hospitals; Ernst & Young asked for detailed project report

by AIP Online Bureau | Apr 29, 2018 | Health, Indian News

Luknow: The Uttar Pradesh government is planning to construct around 1,000 hospitals under public-private-partnership (PPP) mode to provide good healthcare facilities to people, Health Minister Sidharth Nath Singh said. He said that leading consulting firm...

Cashback to businesses, price benefit to consumers for digital transactions on anvil

by AIP Online Bureau | Apr 29, 2018 | Indian News

  NEW DELHI: The government is working on a proposal to incentivise digital transactions by providing cashbacks to businesses and price benefits to consumers, a source said. As per the proposal being worked out by the Revenue Department, consumers paying through...

How hackers use hotel key cards to break into rooms

by AIP Online Bureau | Apr 29, 2018 | Facts, Risk Management

  By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published on Wednesday, solving a 14-year-old mystery.   While...

Insurer-Backed research urges reform of fire tests of British building materials

by AIP Online Bureau | Apr 29, 2018 | International News, Risk Management

  London: British laboratory tests on the fire safety of building materials are inadequate, research for the insurance industry in the wake of the Grenfell Tower fire showed on Wednesday.   At least 71 people died in the fire in the social housing block in...

PwC survey finds cyber insurance underwriting is profitable for Now: PwC

by AIP Online Bureau | Apr 29, 2018 | International News

  Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a global survey of specialist writers. The consulting firm’s survey found that 80 percent of...

Insurers Fear U.S. Economic Slowdown, Inflation: Goldman Sachs

by AIP Online Bureau | Apr 29, 2018 | International News

  Goldman Sachs Group Inc.’s asset-management unit, which oversees $250 billion for insurers, said an economic slowdown in the U.S. is the biggest investment risk for the industry for the first time since the financial crisis.   “Insurers...

Govt to remain flexible in fixing NHPS premiums

by AIP Online Bureau | Apr 28, 2018 | Health, Indian News

  Mumbai: Even as the Modi government’s  ambitious flagship programme  healthcare scheme, National Health Protection Scheme (NHPS), is likely to be launched on Oct 2, the government is determined to ensure that costs should not be a barrier...

EU’s Barnier plays down bespoke Brexit deal for British financial sector

by AIP Online Bureau | Apr 27, 2018 | International News, Regulation

SOFIA/LONDON : The EU’s chief negotiator on Brexit said on Thursday the bloc’s existing system of market access for foreign financial firms can work well for Britain after it leaves the European Union. This would reduce the chances that Britain’s...

India key market for private equity, venture capital tech activity: Report

by AIP Online Bureau | Apr 27, 2018 | Data

  India is one of the key markets for investors looking to capitalize on the fast-evolving tech sector as it has accounted for 56 per cent of deal value of the total PE and VC tech activity in the Indian and Southeast Asian markets since 2015, says a report....
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