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Here is a masonry blog layout with no sidebarGenerative AI could boost bank revenues by 6 pc in next three years: Accenture
The report also delved into the transformational effect of generative AI on different banking roles. It categorized these roles into three main groups. Approximately 41 per cent of banking occupations, primarily involving data collection and processing, have a high...
Inflation worries continue for US Fed, no policy rate cut for sixth time
Fed Chair Jerome Powell Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the "greater confidence" needed for them to kick off interest rate cuts Washington: The U.S. Federal Reserve held interest...
Gender differences in mortality outcomes from fatal and non-fatal events in 2021: Lancet Study
Women around the world were also found to be disproportionately impacted by mental health conditions. Life years lost to depressive disorders were found to be over a third higher among women than men. The widest sex-based gaps affecting women were observed in...
Parts of India record hottest April as heatwave kills nine
``The mean temperature in eastern India was 28.12 Celsius (82.61 Fahrenheit) in April, the warmest since records began in 1901, with experts blaming a combination of factors. "In an El Nino year, you get more heating," said Mrutyunjay Mohapatra, chief of the India...
Bermuda insurer credit profiles supported by BMA regulatory reforms: Fitch
The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...
Walmart to shut all health clinics in US over lack of profitability
"Healthcare is expensive to run. We were finding that the increased labor and operating costs environment, like with reimbursement, both public and private, made it difficult (to run the business) and obvious we had to close," Walmart spokeswoman Marilee McInnis told...
Africa Specialty Risks launches ASR Syndicate 2454 at Lloyd’s
Currently, only 2% of Lloyd’s business comes from Africa, something which ASR Syndicate 2454 is strategically placed to expand. ASR began underwriting in February 2021, with the explicit aim of closing the insurance gap in Africa and facilitating international...
Self-driving trucks could become reality despite doubts from safety advocates
Within three or four years, Aurora and its competitors expect to put thousands such self-driving trucks on America’s public freeways. The goal is for the trucks, which can run nearly around the clock without any breaks, to speed the flow of goods, accelerating...
UK’s Nationwide stops lending to some homes over flood risk
Nationwide Building Society uses mapping technology to identify which individual homes are vulnerable to flooding, Nationwide Head of Property Risk Rob Stevens said in an interview. The company will decline to make a loan to purchase a property it deems to be at high...
Domestic PV sales growth flat in April due to high base effect, elections
Dispatches of passenger vehicles from manufacturers to dealers were at 3,38,341 units in April 2024 as compared to 3,32,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal...
Hindu marriage not valid unless performed with requisite customs, says SC
"We deprecate the practice of young men and women seeking to acquire the status of being a husband and a wife to each other and therefore purportedly being married, in the absence of a valid marriage ceremony under the provisions of the (Hindu Marriage) Act such as in...
BMS launches new global healthcare division with Rob Wendin to lead
BMS, the independent specialist insurance and reinsurance broker, today announces the launch of its new global healthcare liability division with Rob Wendin as managing director. The new division will provide solutions and guidance to healthcare providers and their...
DUAL launches new capability in title insurance in Australia & New Zealand
The primary focus will be (i) real estate transactions involving commercial real estate located in Australia, New Zealand, Hong Kong and Singapore and (ii) M&A transactions involving target companies and trusts across markets including Australia, New Zealand, Hong...
AstraZeneca acknowledges potential link between vaccine and rare blood clots in UK court
The Daily Telegraph' reports that in a legal document submitted to the High Court in London in February for a group action being brought by 51 claimants, AZ admitted that the vaccine developed with the University of Oxford to protect against COVID-19 may cause...
WHO says bird flu risk currently low, asks countries to remain vigilant
The UN-agency said countries should implement infection control measures and procedures to reduce human exposure to birds and mammals potentially infected with bird flu or other animal influenza viruses There is a risk that the H5N1 bird flu virus, present in many...
WHO shows extensive overuse of antibiotics during pandemic worldwide
“When a patient requires antibiotics, the benefits often outweigh the risks associated with side effects or antibiotic resistance. However, when they are unnecessary, they offer no benefit while posing risks, and their use contributes to the emergence and spread of...
Maximize Health: Study advocates routine with 4 hrs exercise, 8 hrs sleep
Light-intensity activity could range from doing chores to making dinner, whereas moderate and vigourous exercise involve more intentional movement such as a brisk walk or a gym workout, researchers said New Delhi: For optimal health, a person's ideal day should...
Breast cancer screening should begin at age 40, US panel says
U.S. insurers are already required by law to fully cover mammograms for women over age 40 who want them, but the U.S. Preventive Services Task Force ( USPSTF's) recommendation will now ensure the continuity of that coverage under the Affordable Care Act beyond next...