by AIP Online Bureau | Nov 12, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Christopher Au, Head of APAC Climate Risk Centre, at Willis, said: “With over 1.9 million registered small-scale fishers relying on the nearshore for their livelihoods, the impacts of climate change, such as high winds, rough seas and heavy rainfall, pose increasing...
by AIP Online Bureau | Nov 12, 2025 | Indian News, Non-Life, Reinsurance
`GIC Re’s broad objective is to maintain its dominance in the domestic market while strategically enhancing its global footprint for diversification and spread. Our decisions will be guided by exposure management, price adequacy and portfolio balance on an ongoing...
by AIP Online Bureau | Nov 12, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology
-Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption,-33% of firms are actively developing proprietary AI agents in-house, though only 10% have deployed at scale,-Nearly half of banks and insurers are creating new jobs to...
by AIP Online Bureau | Nov 12, 2025 | International News, Risk Management, Technology
In the past, users of Gmail, Chat and Meet were given the option to turn on Google’s artificial intelligence program. But in October, the Alphabet Inc. unit “secretly” turned on Gemini for all those applications, enabling it to collect private data “without the users’...
by AIP Online Bureau | Nov 12, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Regulation, Reinsurance, Risk Management, Technology
Ajay Seth, chairman,IRDAI `While the number of health insurance claims settled is high, the amount settled especially in full is sometimes lower than expected.This is an area we are monitoring closely. Our expectation from the insurers is clear. Prompt, fair and...
