by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
Shaktikanta Das,Governor,RBI RBI Governor Shaktikanta Das said to build a financial system that serves the broader society, it was essential to give priority to digital financial inclusion. While significant strides have been made in expanding financial inclusion, the...
by AIP Online Bureau | Aug 29, 2024 | International News, Non-Life, Reinsurance
In AM Best’s `World’s 50 largest reinsurers in 2023’, Munich Re is the largest IFRS 17 reporting reinsurer followed by Hannover Re and SCOR Re. Swiss Re is the largest non-IFRS 17 reporting reinsurer globally, followed by Berkshire Hathaway and...
by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
Digital payment frauds saw a more than fivefold jump to 14.6 billion rupees ($175 million) in the year ended March 2024 from the previous fiscal year, according to the Reserve Bank of India Mumbai: Rising cases of online thefts and frauds will push Indian banks that...
by AIP Online Bureau | Aug 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The bill requires developers of large “frontier” AI models to take precautions such as pre-deployment testing, simulating hacker attacks, installing cyber security safeguards, and providing protection for whistleblowers At least 40 states have introduced...
by AIP Online Bureau | Aug 28, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Reinsurance, Risk Management
The meteorological agency issued an emergency warning saying the typhoon could bring flooding, landslides and wind strong enough to knock down some houses Southwestern Japan braced on Wednesday for what officials say could be one of the strongest storms to ever hit...
