by AIP Online Bureau | Jan 5, 2018 | Data
New Delhi: India's per capita income, a gauge for measuring living standard, is likely to witness a slower growth of 8.3 per cent at Rs 1,11,782 in FY 2017-18.In 2016-17, per capita income of Indians had grown by 9.7 per cent to Rs 1,03,219. ...
by AIP Online Bureau | Jan 5, 2018 | Data
Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute of International Finance. Private non-financial sector debt hit all-time highs in Canada, France, Hong Kong,...
by AIP Online Bureau | Jan 5, 2018 | Indian News
Hydearbad: Reflecting an unsteady trend, the Indian life insurance, which has grown its fresh premium by 14 per cent in 2016-17, has witnessed an increase of more than12 per cent in surrenders/withdrawals of policies during the year....
by AIP Online Bureau | Jan 5, 2018 | Indian News
Hyderabad: After falling consistently between 2010-1013, there has been a slight increase in the Indian insurance penetration at 3.44 per cent in 2015 and 3.49 per cent in 2016.According to the insurance regulator IRDAI, during the year 2016, the insurance density was...
by AIP Online Bureau | Jan 5, 2018 | Articles, Technology
The wait for the self-driving future is coming to an end. The earliest real-world applications of autonomous vehicles will arrive in 2018. Starting in Phoenix this year, a small number of commuters will be riding in driverless Chrysler Pacifica minivans as part...
by AIP Online Bureau | Jan 5, 2018 | Indian News, Risk Management
Pune: Global IT security firm Quick Heal's Security Labs on Thursday announced it has spotted an Android Banking Trojan that imitates more than 232 mobile apps, including those offered by Indian banks like SBI, HDFC, ICICI, IDBI and...
by AIP Online Bureau | Jan 4, 2018 | International News
Munich: The hurricane trio of Harvey, Irma and Maria will cost the global insurance industry a record amount in 2017: the final insurance bill for those and other natural catastrophes, including a severe earthquake in Mexico, is expected to come to US$ 135bn –...
by AIP Online Bureau | Jan 4, 2018 | Indian News
Mumbai: Pushed by the new regulations by the insurance regulator IRDAI, the domestic general insurers have decided to reduce their premiums in the `own damage’ segment by 5-20 per cent for the existing and new customers of private and commercial vehicles. ...
by AIP Online Bureau | Jan 4, 2018 | Indian News, Risk Management
New Delhi: A parliamentary committee today suggested that the government should come out with a legislation on data privacy at the earliest, as the country moves towards digitalisation of economy. The Parliamentary Standing Committee on Finance, headed by senior...
by AIP Online Bureau | Jan 3, 2018 | International News, Reinsurance
Paris: SCOR has completed the increase of its stake in MutRé S.A. to 100%. The finalisation of this transaction took place as indicated in the Group's press release of 17 July 2017. The acquisition of MutRé, which will have an accretive...
