by AIP Online Bureau | Nov 11, 2023 | Data, Eco/Invest/Demography, Non-Life, Pandemic
The experts say the new recommendations reflect changes in the virulence and transmissibility of circulating SARS-CoV-2 variants and sub-variants, along with changes in immunity related to global vaccinations. The World Health Organization has updated its guidance on...
by AIP Online Bureau | Nov 11, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
ICBC was trying to minimize the risk impact and losses after the attack, which several experts blamed on hacking group Lockbit The Industrial and Commercial Bank of China’s access to an electronic settlement platform for U.S. Treasury securities remained...
by AIP Online Bureau | Nov 11, 2023 | Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology
Insofar as the main reliefs are concerned, they are more in a nature of a legislative direction which the court cannot issue under Article 32 of the Constitution,” the bench said in its order passed on Friday New Delhi:, The Supreme Court has refused to...
by AIP Online Bureau | Nov 11, 2023 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The road ministry proposal assumes significance as the number of road accidents in India went up by an alarming 12 per cent to over 4.6 lakh in 2022, resulting in the deaths of 19 persons every hour New Delhi: The Ministry of Road Transport and Highways (MoRTH) has...
by AIP Online Bureau | Nov 10, 2023 | Indian News, Life
`We are conscious of the market dynamics in certain parts of our business and are working towards profit-oriented consolidation. The distribution mix is also more diversified with increase in share of Bancassurance and Alternate Channels. We continue to remain focused...
by AIP Online Bureau | Nov 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Gold prices are in favour of business. We are positive about good sales today. We are receiving positive response from consumers and footfalls are gradually increasing,” said All India Gem And Jewellery Domestic Council (GJC) Director Dinesh Jain With...
by AIP Online Bureau | Nov 10, 2023 | Eco/Invest/Demography, International News, Risk Management
In its 2023-24 winter outlook, the regulatory authority warned that prolonged, wide-area cold snaps threaten the reliability of bulk power generation and availability of fuel supplies for natural gas-fired generation More than half of the U.S. and parts of Canada,...
by AIP Online Bureau | Nov 10, 2023 | International News, Risk Management, Technology
The cars are being recalled because the collision detection subsystem of the Cruise Automated Driving Systems (ADS) software may respond improperly after a crash, according to a notice made public by the National Highway Traffic Safety Administration (NHTSA) Wednesday...
by AIP Online Bureau | Nov 10, 2023 | International News, Risk Management
Kia said in a regulatory filing it had stopped production at three main assembly plants at its Gwangju complex, except for bus and military-related product manufacturing. The company said the timing for a resumption had not been determined yet SEOUL: Automaker Kia...
by AIP Online Bureau | Nov 9, 2023 | Indian News, Non-Life, Reinsurance
“Having had significant degrowth in last few quarters, we believe that we are at a point where growth with profitability should drive our business strategy” N Ramaswamy, CMD GIC Re Though, GIC Re’s underwriting losses have risen by 60 per cent y-o-y to Rs...
