by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Facts, Technology
Akio Toyoda,Chairman,Toyota A key part of Toyota’s broader Woven initiative is a new software platform and vehicle operating system it calls Arene, which is designed to speed up car development and lower costs. It plans to deploy the system this year and make it a...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Interviews, Non-Life, Regulation, Reinsurance, Risk Management
Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter 33% of the overall Indiancapacity (premium) is still provided by cross boarder reinsurers(CBRs). CBRs play a critical role particularly in specialty lines (e.g. Terrorism,...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life
In the first nine months(Apr-Dec) of FY 23-24, the industry has grown by 7.83 per cent year on year(y-o-y) to Rs 2.30.181crore Mumbai: Post segregation of long- term business from monthly premium figures, the general insurance industry has slowed down a bit in...
by AIP Online Bureau | Jan 7, 2025 | Data, Eco/Invest/Demography, Policy, Technology
Two-wheeler registrations fell 18 per cent to 11,97,742 units as compared to 14,54,353 units in December 2023 On business outlook, FADA noted that in the two-wheeler segment, rising rural incomes, fresh model introductions and an eventual plateau in EV disruption...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy
India’s economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data . New Delhi: The Indian economy is estimated to grow at 6.4...