by AIP Online Bureau | Nov 13, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology
In terms of risk management practices, the report pointed out that deploying AI technologies introduces new technical risks and increases reliance on third-party vendors. At the same time, AI can help banks improve risk identification, monitoring, and pricing. New...
by AIP Online Bureau | Nov 13, 2025 | Indian News, Risk Management
Justice Joymalya Bagchi said, “The AAIB inquiry is not for apportion blame on anyone. It is only to clarify the cause so that the same does not happen again.” New Delhi: The Air India pilot has not been blamed in the AAIB’s preliminary report into the June 12 plane...
by AIP Online Bureau | Nov 13, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation
“We can plan getting into non-life business if composite license is allowed by the government afterwards.Mahindra brand strength, deep distribution capabilities in rural and semi-urban India and execution excellence make life insurance a logical extension towards our...
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...