by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...
by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...
by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Briefs, Life
SBI Life Insurance has entered a strategic corporate agency partnership with AU Small Finance Bank, the country’s largest Small Finance Bank. With this alliance, AU SFB will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including...
by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
by AIP Online Bureau | Aug 5, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News
“The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations,” Chief Minister Pushkar Singh...
