by AIP Online Bureau | Dec 5, 2024 | Workplace/Employee Benefits
Minister of State for Communications Chandra Sekhar Pemmasani said while on average national banks have 20 per cent of women’s accounts, after the initiation of India’s Post Payments Bank more than 45 per cent of women’s accounts have been opened in...
by AIP Online Bureau | Dec 5, 2024 | International News, Non-Life, Reinsurance
“Given the sector’s abundance of capital, we expect a moderately softer and more competitive market in 2025, barring significantly above-average loss activity in 2H24. However, underlying margins are likely to remain close to their 2023-2024 peak as reinsurers...
by AIP Online Bureau | Dec 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, says: “Economic development continues to be the main driver of the rise in insured losses resulting from floods, but also other perils, seen over many decades. However, with natural catastrophe risks...
by AIP Online Bureau | Dec 5, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
Most Italian businesses — especially small and mid-sized ones — have no protection at all. The new law will require companies to buy coverage and insurers to write policies or face fines. The plan is backed by a €5 billion ($5.3 billion) reinsurance fund, set up by a...
by AIP Online Bureau | Dec 5, 2024 | International News, Regulation, Risk Management, Technology, Workplace/Employee Benefits
The case has drawn attention due to its focus on AI LLM training, a technology that has captured global interest amid rapid technological advances in so-called generative AI, used to produce text, images or other output from large bodies of data. China’s ByteDance is...
