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French competition watchdog hits Google with 250 mln euro fine

French competition watchdog hits Google with 250 mln euro fine

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The watchdog said Google’s AI-powered chatbot Bard – since rebranded under the name Gemini – was trained on content from publishers and news agencies, without notifying them. Google has pledged not to contest the facts as part of settlement...
Records smashed – new WMO climate report confirms 2023 hottest so far

Records smashed – new WMO climate report confirms 2023 hottest so far

by AIP Online Bureau | Mar 20, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

Celeste Saulo (centre), Secretary-General of the World Meteorological Organization (WMO) at the launch of the State of the Global Climate 2023 report on Tuesday From 2021 to 2022, global climate-related finance flows nearly doubled compared to 2019-2020 levels,...
Amitabha Ray to succeed Hadi as CEO of Swiss Re’s India Branch

Amitabha Ray to succeed Hadi as CEO of Swiss Re’s India Branch

by AIP Online Bureau | Mar 20, 2024 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits

Ray succeeds Hadi Riachi, who has been shifted as Head of the Global Underwriting Centre for Swiss Re Corporate Solutions Singapore: Swiss Re, the second largest global reinsurr, has elevated Amitabha Ray, Head of P&C Client Markets and Chief Underwriting Officer...
Health and safety overtaking cyber as top risk for APAC directors and officers: WTW survey

Health and safety overtaking cyber as top risk for APAC directors and officers: WTW survey

by AIP Online Bureau | Mar 20, 2024 | Health, International News, Non-Life, Reinsurance, Risk Management

“The responsibilities incumbent upon directors and officers in APAC continue to evolve and become more nuanced, with aspects, such as employee safety, ESG-related obligations and cybersecurity-related pressures to be cognisant of. All set with a backdrop of...

Sompo appoints Richard Allen as Commercial P&C Insurance Chief Underwriting Officer,Global Markets

by AIP Online Bureau | Mar 20, 2024 | Briefs, Non-Life, Reinsurance

LONDON: Sompo on Tuesday appointed Richard “Rick” Allen as its chief underwriting officer (CUO) for its Global Markets Commercial P&C insurance business. Based in the London, Allen will work closely with the commercial P&C insurance chief underwriting officers...
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