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Moody’s acquires Praedicat, adds Casualty and Liability modeling capabilities

by AIP Online Bureau | Sep 5, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

“As losses from catastrophic events are increasing, insurers are constantly looking for science-based casualty data and analytics,” said Rob Fauber, President and Chief Executive Officer of Moody’s NEW YORK: Moody’s Corporation announced on Thursday that it has...

CrowdStrike Crisis: Negotiating ‘Blue Screen of Death’ (BSOD) loop

by AIP Online Bureau | Jul 22, 2024 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits

Clear understanding and documentation of cyber insurance policies are essential to determine coverage in connection with such incidents. Insurers could see that their incident response and claims handling teams are stretched thin given the scale of this incident, as...

Moody’s raises India’s 2024 GDP forecast to 6.8% from 6.1%, India to remain fastest growing G-20 nation ,

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy

“Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...

“Without citing any evidence or basis”: Centre rebuffs Moody’s “baseless” opinions on Aadhar

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The UIDAI issued a strong rebuttal to Moody’s Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable New...

S&P Global raises reinsurance sector view to stable from negative on higher prices

by AIP Online Bureau | Sep 5, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Analysts at S&P Global and Moody’s also told media briefings on Tuesday that they expected rates to rise further in 2024, after reinsurers took the brunt of catastrophe losses in recent years S&P Global has raised its view of the global reinsurance sector to...
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