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Govt has money for statues, not public health: Bombay High Court

by AIP Online Bureau | Jan 16, 2020 | Eco/Invest/Demography, Health, Indian News

  MumbaI: The Bombay High Court on Thursday came down heavily on the Maharashtra government for dragging its feet over financial aid to Wadia Hospitals for women and children, and said the government has money for statues but not for public health.   A...

Promoting Responsible Artificial Intelligence in Insurance

by AIP Online Bureau | Jan 16, 2020 | Articles, Eco/Invest/Demography, Technology, Trends, Facts

  Since the end of the ‘AI Winter’, the period from the 1970s to the end of the 1990s characterised by setbacks and disappointment, artificial intelligence (AI) has made remarkableprogress.Today, many insurers are rolling out...

India plans new law to protect foreign investment – sources

by AIP Online Bureau | Jan 16, 2020 | Eco/Invest/Demography, International News, Policy, Risk Management

  NEW DELHI: India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital from overseas to boost stuttering domestic growth, two officials with direct knowledge of the matter told Reuters. In a...

Cyber and climate change rank as top risks for India Inc:Allianz

by AIP Online Bureau | Jan 16, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  Singapore: For the third year in a row, Cyber incidents (49% of responses) ranks as the most important business risk in India in the ninth Allianz Risk Barometer 2020. Awareness of the cyber threat has grown rapidly in recent years, driven by companies...

WEF sounds alarms about Climate Change risks

by AIP Online Bureau | Jan 15, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term concerns for the first time on record.   Extreme weather events, the failure of climate-change mitigation, major...
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