by AIP Online Bureau | Jul 13, 2023 | Indian News, Life, Non-Life, Regulation, Technology
The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the...
by AIP Online Bureau | Jul 13, 2023 | Indian News, Life, Non-Life, Policy
From the legislative point of of view, enacting `Insurance Act 2023’ by repealing `Insurance Act 1938′ will be a simple exercise as its doesn’t involve any major changes Earlier, the government dropped all its plans to bring in much talked about major...
by AIP Online Bureau | Jul 13, 2023 | International News, Non-Life, Reinsurance
Insurers can opt to pay more for the same reinsurance package, or cut costs by restricting new business, withdrawing from certain regions or business lines or adjusting their strategy, such as by cutting costs on more frequent but less severe perils, Morningstar said....
by AIP Online Bureau | Jul 13, 2023 | Climate, Environment, Renewable Energy, Facts
These colour changes, subtle to the human eye, cannot be explained by natural, year-to-year variability alone, the researchers from the Massachusetts Institute of Technology (MIT), US, and other institutes write in their paper published in the journal Nature New...
by AIP Online Bureau | Jul 13, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Policy
Approximately 66 per cent of individuals in India are exposed to extreme flood events; however, only 33 per cent of them are covered by flood EWS. Moreover, 25 per cent of the Indian population is exposed to cyclones and their impacts, but cyclone warnings are...
