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FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some

FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some

by AIP Online Bureau | Aug 11, 2023 | Eco/Invest/Demography, Features, Technology, Workplace/Employee Benefits

Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative AI to hold conversations with users and answer myriad prompts. Security firms and companies have raised concerns, however, that it could result in...
M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co

M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co

by AIP Online Bureau | Aug 11, 2023 | Articles, Eco/Invest/Demography, Technology

Joyce Chan, Partner at Clyde & Co in Hong Kong, said: “Private equity firms are looking at investing in some of the Asia tech players around the region, at all stages of development, with prospective capital providers fairly evenly split between international PE...

IRDAI appoints Canara HSBC Life Insurance as lead insurer for Karnataka

by AIP Online Bureau | Aug 11, 2023 | Eco/Invest/Demography, Indian News, Life, Regulation

“The State Level Insurance Committee should ideally formulate a short term and medium term plan so that a more dedicated and synergized approach is followed within state for insurance awareness. PMJJBY is a measurable product and IRDAI can support the initiative by...
GIC Re net profit rises 6.1% to Rs 732 crore in Q1, further sheds loss making business

GIC Re net profit rises 6.1% to Rs 732 crore in Q1, further sheds loss making business

by AIP Online Bureau | Aug 10, 2023 | Indian News, Non-Life, Reinsurance

Devesh Srivastava, CMD, GIC Re “Profit is the only embedded principle of all our business. We will not do any business that is not adding to our bottom line. We have restructured our entire organisation and manpower in recent years to deliver on results,”...
Zurich Insurance CEO criticizes climate clubs after exodus

Zurich Insurance CEO criticizes climate clubs after exodus

by AIP Online Bureau | Aug 10, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

Mario Greco, who led his firm out of the Net-Zero Insurance Alliance earlier this year amid a wider exodus from the group, said the decision followed a realization that, as things stand now, the goal of limiting temperature rises to 1.5C as enshrined in the Paris...
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