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ICICI Lombard Gen uses `AI’ to renew expired motor policies

by AIP Online Bureau | Dec 20, 2018 | Indian News, Non-Life, Technology

  Mumbai:: ICICI Lombard, today launched industry’s first Artificial Intelligence (AI) based solution to facilitate instant renewals of expired or lapsed motor insurance policies. The tech-based feature will allow the user to capture images of his/her car...

J&J loses motion to overturn $4.7 billion talc-ovarian cancer verdict

by AIP Online Bureau | Dec 20, 2018 | Intermediaries, International News, Risk Management

  Missouri: Healthcare conglomerate Johnson & Johnson has lost its motion to reverse a verdict that awarded $4.7 billion to women who blamed ovarian cancer on asbestos in the company's Baby Powder and other talc products, a Missouri court ruled on...

NITI unveils ‘New India’ strategy paper to achieve $5-trn economy by 2030

by AIP Online Bureau | Dec 19, 2018 | Eco/Invest/Demography, Indian News

  New Delhi:  NITI unveils 'New India' strategy paper to achieve $5-trn economy by 2030NITI Aayog on Wednesday unveiled its much awaited 'Strategy for New India @ 75' document with an aim to accelerate growth to 8-9 per cent and make the...

J&J moves to limit impact of Reuters report on asbestos in Baby Powder

by AIP Online Bureau | Dec 19, 2018 | Health, International News, Risk Management

Washington: Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its product and...

India will need 2,300 planes worth $320 bn in 20 yrs: Boeing

by AIP Online Bureau | Dec 19, 2018 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: India will need 2,300 airplanes worth $320 billion in the next 20 years, aircraft maker Boeing said on December 19. In rupee terms the amount would be around Rs 22,45,364 crore.   As much as 85 percent of the planes would be narrow-body and the...
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