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Action taken against 1.6 lakh claims worth Rs 287 crores under AB-PMJAY till Aug 5: Mandaviya

by AIP Online Bureau | Aug 12, 2023 | Health, Indian News, Policy

The anti-fraud structure under the scheme has National Anti-Fraud Unit at the central level, followed by State Anti-Fraud Units. NHA uses Artificial Intelligence (AI) and Machine Learning (ML) technologies to detect suspicious transactions or potential frauds under...
New India’s net profit doubles to Rs 260 crore in Q1FY24

New India’s net profit doubles to Rs 260 crore in Q1FY24

by AIP Online Bureau | Aug 11, 2023 | Indian News, Non-Life, Reinsurance

Neerja Kapur, CMD, NIA “The company continues to focus on improving the business mix by shedding businesses where premiums are inadequate and may impact its bottom line. The company maintained its market leadership in India with a market share of 16.2 per...

Ukraine announces ‘humanitarian corridor’ for ships stuck in Black Sea ports

by AIP Online Bureau | Aug 11, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Shipping and insurance sources familiar with Ukraine said they were not informed about the new corridor and there were questions over its viability. It was unlikely most ships would agree to sail at the moment, they said Ukraine announced a “humanitarian corridor” in...
FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some

FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some

by AIP Online Bureau | Aug 11, 2023 | Eco/Invest/Demography, Features, Technology, Workplace/Employee Benefits

Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative AI to hold conversations with users and answer myriad prompts. Security firms and companies have raised concerns, however, that it could result in...
M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co

M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co

by AIP Online Bureau | Aug 11, 2023 | Articles, Eco/Invest/Demography, Technology

Joyce Chan, Partner at Clyde & Co in Hong Kong, said: “Private equity firms are looking at investing in some of the Asia tech players around the region, at all stages of development, with prospective capital providers fairly evenly split between international PE...
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