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SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

SC summons MoRTH top officials for failing to implement `golden hour’ scheme for road accident victims

by AIP Online Bureau | Apr 9, 2025 | Indian News, Non-Life, Policy

Sources in the industry pointed out that the MoRTH has already transferred around Rs 450 crore , mobilised by the general insurers to be spent in `golden hour’ treatment,  to its own account so that it can implement the scheme directly without involving the insurers...
Soaring civil unrest and protest activity concerns companies and insurers: Allianz

Soaring civil unrest and protest activity concerns companies and insurers: Allianz

by AIP Online Bureau | Apr 9, 2025 | Articles, Eco/Invest/Demography, Risk Management

More than 80,000 incidents in top 20 countries connected to protest and riot activities around the world during 2024, Religious and politically motivated terrorism a major concern for governments and companies in the year ahead. Asia Pacific is the region with the...

Insurers increasingly tap AI to tackle surging Cat losses

by AIP Online Bureau | Mar 26, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance, Technology

Risk experts are increasingly using AI to crack an especially intractable challenge: modeling hailstorms, thunderstorms and tornadoes, collectively known as severe convective storms, or SCS. Insured losses from SCS events totaled $61 billion in 2024, the...
IDRAI asks insurers to keep their offices opened during Mar 29-31 including Saturday & Sunday

IDRAI asks insurers to keep their offices opened during Mar 29-31 including Saturday & Sunday

by AIP Online Bureau | Mar 17, 2025 | Health, Indian News, Life, Non-Life

The insurers have to give adequate publicity to the special arrangements made for the last 3 days of the month Hyderabad: Insurance regulator IRDAI has asked all the insurers to keep their offices open as per normal working hours on 29th(Saturday), 30th(Sunday) and...

WTW launches an AI-driven performance monitoring tool custom-built for insurers

by AIP Online Bureau | Mar 5, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

Radar Vision provides unique insights for pricing, portfolio management, underwriting and claims, allowing rapid response to emerging trends. Singapore: WTW, a leading global advisory, broking and solutions company, has announced the launch of Radar Vision, an...
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