by AIP Online Bureau | Nov 16, 2023 | Data, Eco/Invest/Demography, Risk Management, Technology
As marquee brands continue to reveal the challenges of successful cyber attacks targeting their business data, the report said it has found a ”stark reality”. It says that globally, about one in every two organisations surveyed suffered a loss of sensitive...
by AIP Online Bureau | Nov 16, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Denys Shmyhal, Prime Minister of Ukraine, said: “The launch of the Unity facility will enable Ukraine to provide vital food supplies to the world at the same time as supporting the Ukrainian economy and keeping the Black Sea open for international trade. This...
by AIP Online Bureau | Nov 16, 2023 | Health, Indian News, Regulation
Rashmi Saluja, chairperson, Religare Enterprises Limited Shares of CARE Health Insurance were issued to Rashmi Saluja, executive chairperson, Religare Enterprises Limited(REL), through ESOPs, despite rejection from IRDAI and no approval from the shareholders of REL...
by AIP Online Bureau | Nov 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
”This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood,” said Vinod Nair, Head of Research at...
by AIP Online Bureau | Nov 15, 2023 | Eco/Invest/Demography, International News
Attrition rates across southeast Asia have dropped in 2023 compared to 2022 yet continue to remain in the double digits a consequence of an ever-changing talent strategy and the ongoing gap between supply and demand of talent Singapore: Aon plc has released its 2023...
by AIP Online Bureau | Nov 14, 2023 | Data, Technology
“What’s notable about October’s figures is that EV demand in China continues to reach record highs even though the subsidies were cut … 2023 is set to be another banner year for China in terms of EV sales,” the market research firm said....
by AIP Online Bureau | Nov 14, 2023 | Health, Indian News, Non-Life
“Yes, we have improved on all key parameters of our operations to earn some profit in the first half the year. Going forward, our efforts will be to sustain profitability. Our primary focus will be profitability and not just the topline growth. We now know the...
by AIP Online Bureau | Nov 14, 2023 | Health, Indian News, Non-Life, Technology
Under the Digital Health Incentive Scheme, to encourage efficiency in insurance claim processing, there is a provision that for every insurance claim transaction through NHCX, financial incentives of Rs 500 per claim or 10% of the claim amount, whichever is lower...
by AIP Online Bureau | Nov 14, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology
Beazley Plc, which owns specialist insurers across Europe and the US, is exploring a potential $100 million cyber cat bond, according to Artemis, a research firm specializing in insurance-linked securities. And AXIS Capital is preparing to issue a $75 million cyber...
by AIP Online Bureau | Nov 14, 2023 | International News, Non-Life, Reinsurance
Singapore-based BOC Aviation began legal action in November 2022 in Dublin in pursuit of claims against 16 insurers over aircraft the lessor owned that have been stuck in Russia, an Irish High Court filing shows Russian flagship carrier Aeroflot said on Thursday it...
