by AIP Online Bureau | Jun 17, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Policy
Overall, increased climate costs from insurance premiums, power outages, disaster recovery and uninsured damage are responsible for $7.7 trillion, or 36%, of US GDP growth since 2000. Risks are rising both from climate change, as it increases the severity and...
by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
“The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase,” Federation of...
by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
“Autonomy has the potential to significantly reduce accident frequency longer-term and reshape the underlying claim cost distribution and legal liability for accidents,” Goldman Sachs analysts including Mark Delaney wrote in a June 9 note to clients The rise of...
by AIP Online Bureau | Jun 9, 2025 | Articles, Technology
One of the most notable societal benefits of telematics in motor insurance is its ability to influence driving behavior positively. By tracking metrics such as speed, braking patterns, and adherence to traffic rules, insurers can encourage safer driving habits....
by AIP Online Bureau | Jun 3, 2025 | Eco/Invest/Demography, Indian News, Non-Life
Lavanya R. Mundayur, CMD, Agriculture Insurance Company Crop insurance isn’t just a business—it’s a developmental tool for the entire rural ecosystem. It demands long-term commitment, timely claim settlement, use of technology for risk management, and a...