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5 Predictions for the insurance industry in 2024

5 Predictions for the insurance industry in 2024

by AIP Online Bureau | Jan 7, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology

Kenneth SaldanhaSenior Managing Director – Global Insurance Lead, Accenture In 2024, we will see excitement about the possibilities of GenAI give way to growing demand for material economic impact from AI/GenAI solutions As we look ahead to 2024, while we see many...
Alaska Air blowout on 737 Max may be a manufacturing issue

Alaska Air blowout on 737 Max may be a manufacturing issue

by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology

The Federal Aviation Administration(FAA) on Saturday ordered certain Max 9 aircraft grounded temporarily for inspections prior to returning to flight. The move, affecting 171 aircraft worldwide, followed decisions by Alaska Air and United Airlines Holdings Inc., the...
Japan earthquake deaths top 100, insurance losses manageable

Japan earthquake deaths top 100, insurance losses manageable

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said “While the earthquake losses...

New York could be first state to offer prenatal paid leave to mothers

by AIP Online Bureau | Jan 6, 2024 | Facts, Health, Policy, Regulation, Workplace/Employee Benefits

The proposal was part of a six-point plan to improve maternal and neonatal health at a time when U.S. maternal mortality rates are growing with each generation and the country has fallen way behind other developed nations New York: New York Governor Kathy Hochul on...
India orders new drug-making standards after overseas deaths

India orders new drug-making standards after overseas deaths

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management

“The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...
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