by AIP Online Bureau | Jan 24, 2018 | International News, Risk Management
London: Businesses in the US could lose $15bn if a leading cloud service provider would experience a downtime of at least three days. Lloyd’s, the specialist insurance and reinsurance market, in partnership with the risk modeler, AIR Worldwide,...
by AIP Online Bureau | Jan 23, 2018 | Articles
By Piotr Skolimowski Finding a comfortable job could be a struggle even as global economy hits its stride in 2018. That's the conclusion of the International Labor Organization's latest World Employment Social Outlook, which shows that the progress...
by AIP Online Bureau | Jan 22, 2018 | Indian News, Risk Management
Singapore: Business interruption (# 1 with 42% of responses / # 1 in 2017) and Cyber incidents (# 2 with 40% of responses, up from # 3 in 2017) are this year’s top business risks globally, according to the Allianz Risk Barometer 2018. In India, the top two...
by AIP Online Bureau | Jan 21, 2018 | Indian News, Reinsurance
Mumbai: The final reinsurance regulations are due by the end of February, Insurance Regulatory and Development Authority of India (IRDAI) Chairman T S Vijayan today said. "The reinsurance regulations are coming by February end," Vijayan,...
by AIP Online Bureau | Jan 18, 2018 | International News, Reinsurance
New York: According to Guy Carpenter & Company, capital dedicated to reinsurance continued to grow in 2017 despite catastrophe losses.Due to ongoing excess supply and overall market resilience at January 1, rate firming was generally moderate and pricing shifts...
by AIP Online Bureau | Jan 18, 2018 | Articles, Health
New Delhi: India is poised to raise its public health spending by 11 percent in the annual budget next month, after rejecting the health minister's demand for a much bigger increase to ramp up disease control, according to government sources and documents. ...
by AIP Online Bureau | Jan 17, 2018 | Indian News, Reinsurance
Mumbai: Lloyd's of London which has earned USD 240 million from the Indian markets in 2017, is eyeing USD 10 million premiums within one year from its newly set up branch operation in India Inga Beale, CEO, Lloyd of London, who is on a...
by AIP Online Bureau | Jan 17, 2018 | Indian News, Intermediaries
Mumbai: N.R. Narayana Murthy promoted Anviti Insurance Brokers launched its composite insurance broking services in India.The broking firm has been set up by Catamaran, a proprietary investment firm of Murthy and Sudha Murty. Murthy has also stakes in...
by AIP Online Bureau | Jan 17, 2018 | International News, Risk Management
London: The world will see risks related to environment, economy and international relations intensify this year with a majority of stakeholders expecting political or economic confrontations between major powers to worsen, a new survey showed today. Referring...
by AIP Online Bureau | Jan 17, 2018 | Articles, Health
Better technology may not end the pollution crisis. Rather, it would allow one to monitor even finer particles which would become new health threats. While currently particle effluents in air — PM10 and PM2.5, or particles with diameter less than 10 and...
