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Airline industry to meet in January over GPS spoofing spike

by AIP Online Bureau | Dec 8, 2023 | International News, Risk Management, Technology

A spoofed plane’s navigation system will show it as being in a different place – a security risk if a jet is guided to fly into a hostile country’s airspace. Spoofing is common around conflict zones and areas with sensitive military targets Geneva: Global aviation...
InsurTechs: Accelerating Innovative Trends

InsurTechs: Accelerating Innovative Trends

by AIP Online Bureau | Dec 7, 2023 | Articles, Eco/Invest/Demography, Technology

India’s InsurTech industry has a tremendous opportunity to not only help itself grow and scale up but also the global community Mayank Gupta,Co-Founder and COO, Zopper In recent years, the rise of India’s insurance sector is witnessing unprecedented...
Reinsurance 2024: Better terms & conditions and Profitability

Reinsurance 2024: Better terms & conditions and Profitability

by AIP Online Bureau | Dec 7, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Fitch forecasts an improvement in underlying profitability for the global reinsurance sector in 2024, and is maintaining its improving fundamental sector outlook Robert Mazzuoli, Director, Insurance,Fitch Reinsurance rate increases for property catastrophe business...

7 bacterial cases detected at AIIMS Delhi, no link to surge in respiratory infections in China: Govt

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Health, Indian News, Policy

”It is clarified that these seven cases have no link whatsoever to the recent surge in respiratory infections in children reported from some parts of the world, including China,” the Union health ministry said New Delhi: Seven bacterial cases were detected...
Aditya Birla Health sees relief ahead in mediclaim premium

Aditya Birla Health sees relief ahead in mediclaim premium

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Health, Non-Life, Pandemic

General cost inflation contributed to the premium rise. In the last two years, the average claim amount increased from Rs 45,000 to Rs 65,000, forcing insurers to revise premiums, said Mayank Bathwal, CEO of Aditya Birla Health Insurance Mumbai: Aditya Birla Health...
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