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Mobility in Transition: Five Trends are Changing Industry’s Risk Profile
New technologies and business models are changing mobility faster...
100% FDI: Indian Govt issues norms to ease compliance for foreign investment in insurance
The proposed changes to the Amended 2015 Rules make it clear that...
Money Management: Embracing savings apps as inflation hits household finances
Rising outgoings appear to be driving thousands of people to try money management apps for the first time. The digitization of banking services and the easing of regulations have helped spark a boom in fintech (financial technology) worldwide, with users from Brazil...
APAC with over $15 billion accounts for the highest percentage of Q1 global economic losses: AON
The first quarter is typically the quietest of the year, though 2022 marked the sixth consecutive year to record more than $10 billion in insured losses The preliminary Q1 overall economic loss was $31 billion. Public and private insurers covered $14 billion of this...
Managing Risk and Capitalising Opportunities in Connected Asia: AON Report
Anne Corona,chief executive officer, Asia Pacific, Aon `As traditional industry borders fall away in 2022, ecosystems and the digital platforms that enable them will continue to influence the future of business. Having an impact in the `New Better' will no longer be...
HDFC Life,ICICI Pru Life and Max Life emerge as top Indian life insurance brands: Hansa Research
HDFC Life, ICICI Prudential and Max Life Insurance are in the top three scorers in terms of brand NPS as they have been more successful in providing faster and increased communication and post-sales customer support by adopting digital technology. This shows that...
UN climate report: It’s ‘now or never’ to limit global warming to 1.5 degrees new flagship
Unless action is taken soon, some major cities will be under water, António Guterres. UN Secretary-General, said in a video message, which also forecast “unprecedented heatwaves, terrifying storms, widespread water shortages and the extinction of a million species of...
Indian Govt’s initiatives to control incidence of obesity
682 District NCD (Non-Communicable Diseases) Clinics, 191 District Cardiac Care Units, and 5408 Community Health Center NCD Clinics have been set up in the country As per the National Health Profile 2020, the prevalence of obesity among adult females (18+ years of...
Antarctica ‘should not be taken for granted’ scientists declare, amid extreme weather uptick
The Russian station Vostok, in the middle of the Antarctic ice plateau, hit a provisional high of -17.7°C (0.14°F), smashing the previous record of -32.6°C (-26.68°F), while Dome Concordia, an Italian-French research station on top of the Antarctic plateau, 3,233...
Extreme flood events once again drive high losses in 2021, 75% of flood risks remain uninsured: Swiss Re
Sigma records show that flooding is by far the most frequently occurring natural peril. In the past decade, there were approximately three times as many major flood events as tropical cyclones Yet, Swiss Re Institute finds that over the past decade, only 5% of severe...
Using artificial intelligence to red-flag emerging pandemics
Raina MacIntyre AI filtering and analysis of open-source data could stop future epidemics from becoming global pandemics Raina MacIntyre Serious infectious diseases have become more frequent in the past decade. Even before the COVID-19 pandemic, infectious diseases...
Stranded Ships: 200 container ships grounded globally over past decade
The insurance industry has always supported the development of the shipping industry providing ship-owners are taking into account the risks that accompany any increase in size. Building ships for just economies of scale is not enough, says Allianz Nearly one year...