by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
A fresh analysis by Swiss Re shows issuance of the bonds was well over $12 billion in the first half of 2024, putting it on track to exceed the $15.6 billion issued throughout 2023 Investors can face huge losses if a pre-defined catastrophe hits, but enormous gains if...
by AIP Online Bureau | Aug 15, 2024 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Auto experts say EV battery fires burn differently than fires in internal combustion engines, often lasting longer and being harder to extinguish as they have a tendency to reignite South Korea is urging automakers operating in the country to disclose the manufacturer...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Climate change is increasing the frequency and intensity of extreme weather events, including heat waves, violent storms and wildfires. Countries around the Mediterranean Sea — which reached a record average temperature of 28.16C (82.7F) on Tuesday — are some of the...
by AIP Online Bureau | Aug 15, 2024 | Data, Non-Life, Technology
The project involves implementing Duck Creek’s comprehensive suite of cloud-native core insurance delivery applications, including policy, claims, billing, data insights, and other solutions, along with developing a front-end interface on a no-code platform...
by AIP Online Bureau | Aug 15, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“With technological innovations and advancements, many AI tools are currently available in chatbot form such as OpenAI’s ChatGPT, Google’s Gemini, etc. These AI tools, however, may not adequately safeguard sensitive data shared during conversations,...