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Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak

Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak

by AIP Online Bureau | Dec 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks Foreign Institutional Investors (FIIs) bought...
US regulators add artificial intelligence to potential financial system risks

US regulators add artificial intelligence to potential financial system risks

by AIP Online Bureau | Dec 15, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Janet Yellen,Treasury Secretary ,US The Financial Stability Oversight Council, which comprises top financial regulators and is chaired by Treasury Secretary Janet Yellen, flagged the risks posed by AI for the first time in its annual financial stability report It also...

US warns of evolving threats to ships sailing in Red Sea

by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Most insurers already charge extra premiums for sailing through those waters and those charges could increase further if the attacks continue, according to Munro Anderson, head of operations at Vessel Protect, a specialist marine war risks underwriter A spate of...
US, Britain, other countries ink agreement to make AI ‘secure by design’

US, Britain, other countries ink agreement to make AI ‘secure by design’

by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, International News, Policy, Technology

The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers The United States, Britain and more than a dozen other countries on Sunday unveiled what a...

Tata Group unit owes $210 mln in US trade-secret fight, jury says

by AIP Online Bureau | Nov 27, 2023 | Indian News, Risk Management, Technology

The jury said on Friday that Tata owed DXC $70 million for misappropriating its trade secrets and an additional $140 million because its misuse was “willful and malicious.” A jury in Dallas, Texas federal court has decided that India-based Tata Consultancy...
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Recent Posts

  • Houthis’ Red Sea attacks prompt London insurers to widen high-risk zone
  • Japan earthquake’s insurance claims may top $1.1 billion: Bloomberg Intelligence
  • Lohiya launches New India’s first sovereign-backed P&I cover under BMIP, war risk prm falls 35-40%
  • Assam nad Orissa flood remain grim; IMD predicts heavy rainfall in Arunachal, Nagaland,Mahanadi water levels continue to rise
  • ICICI MF buys 1% stake in Go Digit General Insurance for ₹139 cr

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