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...
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...
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...
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...
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...