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World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos

World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos

by AIP Online Bureau | Aug 4, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Jeff Bezos, founder,Amazon Investors have also become jittery over fears that this year’s AI-fueled gains are overdone or the market is too concentrated Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from...

Crop insurance to see growth from 2024 onwards, govt tech push to boost sector: Economic Survey 2023-24

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology

“Agriculture premiums will likely rise from 2024 onwards, with an average real premium growth of 2.5 per cent over the medium term, supported by improvements in insurance infrastructure such as mobile applications and remote sensing for crop loss...

Global tech outage disrupts industries, highlights risks of interconnected world

by AIP Online Bureau | Jul 19, 2024 | Eco/Invest/Demography, Health, International News, Risk Management

A software update by global cybersecurity firm CrowdStrike appeared to have triggered systems problems that grounded flights, forced some broadcasters off air and left customers without access to services such as healthcare or banking A worldwide tech outage crippled...
With new technology cybercrime crews increasingly turning to more sinister techniques for ransom

With new technology cybercrime crews increasingly turning to more sinister techniques for ransom

by AIP Online Bureau | Jun 26, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Tactics like leaking sensitive records and double-hacks aren’t completely new, but have become more common and represent an evolution from traditional ransomware attacks, when scammers simply would encrypt data, demand a payment and then move to the next victim A hack...

Health Compass launches new technology for brokers eyeing individual international private medical insurance business

by AIP Online Bureau | May 21, 2024 | Health, Intermediaries, Non-Life, Reinsurance

Technology will enable a brokers’ ability to deliver an international medical insurance quotation via a white-labelled, whole of market solution London: InsurTech for the international private medical insurance (IPMI) market, Health Compass, today announced the launch...
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