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China may misuse AI to disrupt elections in countries like India and US : Microsoft

by AIP Online Bureau | Apr 6, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

“With major elections taking place around the world this year, particularly in India, South Korea and the United States, we assess that China will, at a minimum, create and amplify AI-generated content to benefit its interests,” Clint Watts, General...

SEC stays climate disclosure rule amid legal challenges

by AIP Online Bureau | Apr 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Reinsurance, Risk Management

The U.S. Securities and Exchange Commission’s first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. It aims to set standards for how companies communicate with investors about greenhouse gas...
Baltimore shipping set to resume by end of April with full capacity by end of May

Baltimore shipping set to resume by end of April with full capacity by end of May

by AIP Online Bureau | Apr 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Port of Baltimore ranks first in the United States for the volume it handles of autos and light trucks and farm and construction machinery, according to the state of Maryland. Most of that traffic has been suspended since the accident, though some terminal...

Allianz sells US mid-size corporate insurance unit to Arch Capital

by AIP Online Bureau | Apr 6, 2024 | International News, Non-Life, Reinsurance

The transaction is part of Allianz’s new strategy to focus on large corporate and specialty businesses in the U.S. instead BERLIN: Allianz agreed to sell Fireman’s Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients,...
CBDC transaction volumes down, P2M transactions growing: RBI

CBDC transaction volumes down, P2M transactions growing: RBI

by AIP Online Bureau | Apr 5, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology

Reserve Bank of India deputy governor T Rabi Sankar said there are 46 lakh users and 4 lakh merchants transacting in CBDC right now, and added that as the acceptance of CBDC grows, there has been a growth in the P2M, or peer-to-merchant, transactions Mumbai: The...
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