by AIP Online Bureau | Jan 9, 2019 | Indian News, Reinsurance
Mumbai: Nine newly set up foreign reinsurance branches(FRBs) in their first full year of operations have mobilsed Rs 6216 crore of premium in 2017-18. Out of which, Swiss Re, the second largest global reinsurer has the largest share...
by AIP Online Bureau | Jan 9, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Beed(Mahashtra): Quoting a book, Shiv Sena chief Uddhav Thackeray on Wednesday said the Centre's crop insurance scheme was "as big a scam" as the Rafale fighter jet deal. Taking a dig at Prime Minister Narendra Modi's frequent foreign tours,...
by AIP Online Bureau | Jan 8, 2019 | Indian News, Regulation, Risk Management, Technology
Mumbai: Reserve Bank of India released guidelines on tokenisation for various card transactions, including from debit and credit cards. Tokenisation, which aims at improving safety and security of the payment system, refers to replacement of actual...
by AIP Online Bureau | Jan 8, 2019 | Facts, Risk Management, Technology, Trends, Facts
Artificial intelligence (AI) systems have a long way to go before they can take over tasks and jobs traditionally performed by people, say scientists who highlighted the severe limitations of deep learning computer networks. Researchers at university of...
by AIP Online Bureau | Jan 8, 2019 | International News, Non-Life, Reinsurance, Risk Management
Zurich: Swiss Re Corporate Solutions expands its Innovative Risk Solutions offering by launching FLOW, the parametric water-level insurance. The new index-based product is designed to protect companies in Europe from the financial impact of high or low river...
