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Traumatic Stress Claims Expected from Southwest Airlines Engine Failure

by AIP Online Bureau | Apr 19, 2018 | International News

  Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a Southwest Airlines Co. flight this week...

Fine balance must for data availability, innovation and privacy: Ravi Shankar Prasad

by AIP Online Bureau | Apr 19, 2018 | Indian News, Risk Management

  New Delhi: The new data protection law will be finalised soon, IT Minister Ravi Shankar Prasad said today, asserting that India must strike a fine balance between data availability, innovation and privacy issues. The country is making all out efforts to...

India stares at water crisis, urgent steps needed: experts

by AIP Online Bureau | Apr 19, 2018 | Articles, Risk Management

  New Delhi: As the proverbial Indian summer sets in and taps dry up across large swathes of the country, India faces an acute shortage of safe and sustainable water, specifically groundwater, a crisis that will exacerbate with factors like indiscriminate use and...

IFC led investors infuse USD 22 mn in Murthy’s Coverfox

by AIP Online Bureau | Apr 19, 2018 | Indian News, Technology

  Mumbai::  Coverfox.com, an online broking firm. has raised USD 22 Mn in a Series C funding from a clutch of investors led by IFC, a member of the World Bank Group; Transamerica; and other existing investors.IFC itself has invested up to...

“China and India have seen growth in the demand for liability insurance”

by AIP Online Bureau | Apr 19, 2018 | Interviews

  How do you see the liability risks scenario in the Asian economies? The general liability risks scenario for India is viewed as low. However, this can be deceiving if applied across all of liability exposures as certain exposures at a primary level such as...

Toyota Plans to Sell Talking Cars in U.S. Within 3 Years

by AIP Online Bureau | Apr 18, 2018 | Facts, Technology

  Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents annually.   The U.S. Transportation...

Facebook Facing Potential Multi-Billion Dollar Liability in Biometric Litigation

by AIP Online Bureau | Apr 18, 2018 | International News

  Facebook Inc. may have to pay a real price for claims it invaded users’ privacy: billions of dollars.   A federal judge ruled Monday that millions of the social network’s users can proceed as a group with claims that its photo-scanning technology violated an...

Peak hours in Delhi, Mumbai, Bengaluru, Kolkata costing $22 bn a year:BCG Study

by AIP Online Bureau | Apr 18, 2018 | Data

The top four Indian cities are today 149 per cent more congested than comparable cities in Asia and the country is losing over $22 billion a year in peak traffic hours compared to travel time during non-peak hours in those cities, an Uber-commissioned study revealed...

With 32 pc growth in new business, HDFC Life’s net profit rises by 24 pc to Rs 11.1 bn in 2017-18

by AIP Online Bureau | Apr 18, 2018 | Indian News

Mumbai: HDFC Life, which has seen its total premium growing by 21 per cent to Rs 235.6 billion,has recorded a 24 per cent jump in its profit after Tax (PAT) to Rs11.1 billion during 2017-18.   The company's insurance profit (policyholder...

AUM of pension fund industry grows by 38 pc to Rs 2.40 trn in 2017-18:PFRDA Chief

by AIP Online Bureau | Apr 18, 2018 | Indian News, Pension & Social Security

Mumbai: Showing a substantial pick-up, the total assets under management(AUM) of the pension fund players – operating in   the National Pension System (NPS ) and as regulated by the the Pension Fund Regulatory and Development Authority (PFRDA)- have gone up...
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