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Cyclone Michaung: Economic and Insured losses of Chennai floods will be much less than 2015 event

by AIP Online Bureau | Dec 10, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

Preliminary estimate of  5th December devastation out of Cyclone Michaung  in Tamil Nadu indicate the economic losses of around Rs 12,000 crore for the state and insured losses limited between Rs 1,500 crore to Rs 2000 crore Chennai: With all its fury and...
Tesla cars will automatically call 911 if you get in a crash

Tesla cars will automatically call 911 if you get in a crash

by AIP Online Bureau | Dec 10, 2023 | Data, Risk Management, Technology

The company highlighted features like Apple Podcasts support, rear-screen Bluetooth headset support, an updated version of the park assistance with 3D visuals, and new blind spot indicators San Francisco: Elon Musk-run Tesla has announced a number of new updates,...

Govt makes air-conditioned truck cabin mandatory from Oct 2025

by AIP Online Bureau | Dec 10, 2023 | Health, Indian News, Risk Management

Recently, Union Road Transport Minister Nitin Gadkari said that truck drivers play a key role in the transport sector, one of the most important areas for India, and there is a need to address issues regarding their working conditions and state of mind New Delhi: All...

FPIs invest Rs 26,505-cr in equities in 1st six sessions of Dec

by AIP Online Bureau | Dec 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”The indication of political stability after the 2024 General elections, strong growth momentum in the Indian economy, inflation cooling off, steady decline in U.S. bond yields, and the correction in Brent crude has turned the situation in India’s favour,...
EU clinches deal on landmark AI Act

EU clinches deal on landmark AI Act

by AIP Online Bureau | Dec 10, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Despite the criticism, this is good news for businesses and society. For businesses, it starts providing companies with a solid framework for the assessment and mitigation of risks, that — if unchecked — could hurt customers and curtail businesses’...
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