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Niti Aayog proposes two-wheelers sold in India after 2025 should be electric ones: Nitin Gadkari

by AIP Online Bureau | Jul 11, 2019 | Indian News, Non-Life

  NEW DELHI: To ensure rapid transition towards electric mobility, the Niti Aayog has proposed that two-wheelers below the capacity of 150 cc sold in the country after March 31, 2025, should be electric ones only, Parliament was informed July 11.   In a...

Beware the hype around AI. It has fooled many

by AIP Online Bureau | Jul 11, 2019 | Blog, Risk Management, Technology, Trends, Facts

Last March, McDonald’s acquired the startup Dynamic Yield for $300 million, in the hope of employing machine learning to personalize customer experience.    In the age of artificial intelligence, this was a no-brainer for McDonald’s, since...

Swiss Re suspends £3.3bn ReAssure’s IPO due to market conditions

by AIP Online Bureau | Jul 11, 2019 | International News, Reinsurance

  Zurich: Swiss Re announced today the suspension of its previously communicated plans for an initial public offering (IPO) of ReAssure. This action is in response to the heightened caution and weaker underlying demand in the UK primary market from large...

Brazil undertakes sweeping pension sector reforms

by AIP Online Bureau | Jul 11, 2019 | Eco/Invest/Demography, International News, Pension & Social Security

Brasilia: Amid the gloom surrounding Brazil’s economy — shrinking growth forecasts, double-digit unemployment and rising public debt — Wednesday’s lower house vote to reform the pension system marks a significant step forward.   In a 379...

Record-setting heatwave and costly severe weather sweep across Europe in June

by AIP Online Bureau | Jul 11, 2019 | Disaster & Management, Eco/Invest/Demography, International News

  CHICAGO: Aon plc launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2019.   The report reveals that an outbreak of severe weather...
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