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Self-driving cars could be on UK roads by 2026:Minister

Self-driving cars could be on UK roads by 2026:Minister

by AIP Online Bureau | Dec 28, 2023 | Eco/Invest/Demography, International News, Technology

Critics of the technology, which has been trialed in the United States, say that the vehicles can cause crashes, and in California, regulators ordered General Motors’ driverless car unit Cruise to remove its vehicles from state roads after an accident in October...

Tokyo court only holds utility responsible to compensate Fukushima evacuees and reduces damages

by AIP Online Bureau | Dec 28, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

The decision is among the four rulings that apparently came in line with the June 2022 Supreme Court decision that said the government wasn’t liable for the disaster and that the disaster from a tsunami that high wasn’t foreseeable or preventable A Tokyo...

China metals giant faces protest in Indonesia after fatal blast

by AIP Online Bureau | Dec 28, 2023 | Eco/Invest/Demography, International News, Non-Life, Risk Management

The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless Steel — which is controlled by the Chinese group — has triggered a police investigation and a halt to the firm’s operations. Tsingshan is the world’s biggest nickel producer and one of Indonesia’s...

Japan asks four non-life insurers to stop anti-competitive business practices

by AIP Online Bureau | Dec 28, 2023 | International News, Non-Life, Regulation

The order was issued to Aioi Nissay Dowa Insurance, Sompo Japan Insurance, Tokio Marine & Nichido and Mitsui Sumitomo Insurance.The four had been asked to report to the regulator on whether they engaged in prior consultations with each other when preparing...
LIC wants more investment avenues,  ‘in active discussion’ with RBI for access to debt data via CRILIC: Chairman

LIC wants more investment avenues, ‘in active discussion’ with RBI for access to debt data via CRILIC: Chairman

by AIP Online Bureau | Dec 28, 2023 | Indian News, Life, Regulation

Siddhartha Mohanty,chairman,Life Insurance Corporation According to the LIC chairman, so far as investment scope for insurance companies are concerned, it is highly regulated. So, new asset class should also be allowed, like your sovereign gold bond, equity...
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