by AIP Online Bureau | Sep 9, 2026 | International News, Risk Management
Volker Türk,human rights chief.UN Turk warned that just a handful of men held “almost unlimited power over AI” without naming any. Top AI companies include Meta, Anthropic, OpenAI and Google. UN human rights chief Volker Türk added his voice on Monday to growing calls...
by AIP Online Bureau | Sep 9, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life, Non-Life
Last week, the National Financial Regulatory Administration published draft amendments to the Insurance Law. The first such revisions since 1995 propose tighter oversight of insurers’ shareholders, higher minimal capital thresholds, a wider scope of insurers that...
by AIP Online Bureau | Sep 7, 2026 | Indian News, Non-Life, Regulation
The IRDAI passed an order against ICICI Lombard General Insurance after conducting an onsite inspection conducted during September 2019 and subsequent enforcement proceedings. Hyderabad:The IRDAI on Monday, has imposed a monetary penalty of Rs one rore on ICICI...
by AIP Online Bureau | Sep 7, 2026 | Health, Indian News, Technology
Union Commerce and Industry Minister Piyush Goyal Highlighting India’s cost advantage, Goyal said the country offers clinical excellence and advanced technologies while healthcare costs are “60 to 80 per cent lower than other parts of the world,...
by AIP Online Bureau | Sep 7, 2026 | Banking & Bancassurance, Indian News, Technology
Aurora is designed for real-time financial conversations in India, where customers frequently switch languages, combine English financial terminology with regional languages, and communicate over noisy or low-bandwidth telephone connections. Bengaluru: Blue Machines...
by AIP Online Bureau | Sep 7, 2026 | Eco/Invest/Demography, Indian News, Technology
Alternative-fuel models, including compressed natural gas, hybrid and electric models, accounted for nearly 42% of passenger-vehicle sales, while petrol vehicles stood at about 41%, according to the Federation of Automobile Dealers Associations (FADA), which...
by AIP Online Bureau | Sep 6, 2026 | Workplace/Employee Benefits
The growing use of artificial intelligence and the threats posed by cyber risks are fundamentally changing the risk landscape. Although cyber risks currently present one of the greatest business risks, uptake of cyber insurance remains low. The increasing...
by AIP Online Bureau | Sep 6, 2026 | Workplace/Employee Benefits
Even as rescuers search for the thousands still missing in Nepal after catastrophic flooding that killed 1,250 people, the nation’s leaders face a second immense challenge — how to pay for recovery and rebuilding.The tab is expected to come to at least $5 billion, an...
by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The tranquil Atlantic is good news for the millions of people who live along the US East and Gulf coasts, or on Caribbean islands. It also means fewer disruptions for the oil and gas export terminals that line the Gulf of Mexico. September is usually the month when...
by AIP Online Bureau | Sep 6, 2026 | Eco/Invest/Demography, Non-Life, Technology
OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a July test and attempted to hide its actions. Similar concerns have emerged at rival Anthropic. Both firms are preparing for mega IPOs. OpenAI said...