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China accuses a US spy agency of hacking Asian Winter Games

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

China’s National Computer Virus Emergency Response Center said this month that more than 270,000 foreign cyberattacks were recorded on computer networks associated with the Asian Winter Games between Feb. 7 and Feb. 14. About two-thirds of the attacks were traced to...

China’s murky bankruptcies expose hazards for foreign investors

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Gaps in enforcement of China’s insolvency laws can leave creditors vulnerable to opaque dealings and malicious bankruptcy filings by firms seeking to evade payment obligations, or by individuals trying to appropriate company assets DALIAN: When a Chinese pork...

Indian consumers warming up to data-driven mobility solutions Report

by AIP Online Bureau | Apr 15, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

Indian customers are also optimistic about tech, with 82 per cent of the people surveyed viewing AI as beneficial, and they prioritise vehicle-smartphone connectivity, as per the study. New Delhi: Indian consumers are willing to share personal information with...
PB Fintech arm gets payment aggregator licence from RBI

PB Fintech arm gets payment aggregator licence from RBI

by AIP Online Bureau | Apr 15, 2025 | Indian News, Regulation, Technology

The paid-up share capital of the proposed company will be Rs 27 crore New Delhi: PB Fintech, the parent entity of Policybazaar, on Tuesday said its subsidiary had secured payment aggregator licence from the RBI. Last year, the company had announced setting up a...
ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25

ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25

by AIP Online Bureau | Apr 15, 2025 | Indian News, Non-Life

Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The insurer’s combined ratio was at 102.5 per cent in Q4 FY2025 as compared to 102.3 per cent in Q4 FY2024. Its underwriting losses have swelled up by 38 per cent year-on-year(Y-o-Y) to Rs 209 crore from Rs...

ICICI Pru Life’s net profit more than doubled to Rs 386 crore in Q4

by AIP Online Bureau | Apr 15, 2025 | Indian News, Life

ICICI Prudential’s value of new business (VNB), or expected profit from new policies, rose 2.5 per cent to Rs 7.95 billion for the quarter, according to Reuters calculations. ICICI Prudential’s VNB margins for the full year deteriorated to 22.8 per cent...
Fake payment apps: How to identify and stay safe

Fake payment apps: How to identify and stay safe

by AIP Online Bureau | Apr 15, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology

Fraudsters use fake payment apps to convince innocent victims that they have completed a transaction. In reality, they use a fake app that only simulates the payment transaction flow, leaving the victim to realise only later that the transaction was fabricated Fake...
India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD

India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, Indian News, Risk Management

El Nino conditions, associated with below-normal monsoon rainfall in the Indian subcontinent, are unlikely to develop this time, India Meteorological Department (IMD) chief Mrutyunjay Mohapatra said Parts of the country are already battling extreme heat and a...
Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses

Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses

by AIP Online Bureau | Apr 15, 2025 | Articles, Policy, Risk Management

Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may seek to explore By Steve Taylor, Head of Credit Solutions, Asia, Aon The recently announced U.S....
Electric vehicle registrations rise 17 pc in FY25: SIAM

Electric vehicle registrations rise 17 pc in FY25: SIAM

by AIP Online Bureau | Apr 15, 2025 | Climate, Environment, Renewable Energy, Indian News, Non-Life

Total electric vehicle (EV) registrations in the country reached 1.97 million units in FY25 against 1.68 million units in FY2023-24, posting a growth of 17 per cent New Delhi: Electric vehicle registrations in the country increased 17 per cent to 19.7 lakh units last...
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