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Global microinsurance premiums touch $5.8 billion in 2023, cover only 15% of market: Report

Global microinsurance premiums touch $5.8 billion in 2023, cover only 15% of market: Report

by AIP Online Bureau | May 2, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life

The 2023 Study, drawing on from 294 insurers covering 1,040 products across diverse sectors, including health, life, agriculture, and property, estimates the value of the microinsurance market across 36 countries at USD 41.4 billion. With only 15 per cent of that...

Fight climate change with fiscal discipline

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The transition to clean energy requires enormous public investment in electricity generation and distribution, in addition to the far larger expense of mitigating the damage caused by rising temperatures. Further delay will increase the public and private costs more...

Generative AI could boost bank revenues by 6 pc in next three years: Accenture

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Technology

The report also delved into the transformational effect of generative AI on different banking roles. It categorized these roles into three main groups. Approximately 41 per cent of banking occupations, primarily involving data collection and processing, have a high...
Inflation worries continue for US Fed, no policy rate cut for sixth time

Inflation worries continue for US Fed, no policy rate cut for sixth time

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Policy

Fed Chair Jerome Powell Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the “greater confidence” needed for them to kick off interest rate cuts Washington: The U.S. Federal Reserve held...

Gender differences in mortality outcomes from fatal and non-fatal events in 2021: Lancet Study

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Health

Women around the world were also found to be disproportionately impacted by mental health conditions. Life years lost to depressive disorders were found to be over a third higher among women than men. The widest sex-based gaps affecting women were observed in...
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