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Munich Re offers new validation service for trustworthy AI

Munich Re offers new validation service for trustworthy AI

by AIP Online Bureau | May 19, 2022 | International News, Non-Life, Reinsurance, Risk Management, Technology

“The digitalisation megatrend is also transforming the risk landscape. Novel risks – be they in the area of cyber, data analytics, quantum computing or artificial intelligence – call for innovative solutions. CertAI will enable us to take the next step forward and...
Climate change made extreme heatwaves in India 100 times more likely: Study

Climate change made extreme heatwaves in India 100 times more likely: Study

by AIP Online Bureau | May 19, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News

“With temperatures exceeding 50 degrees Celsius in recent days, it is clear the current heat wave is an extreme weather event affecting communities and livelihoods,” Professor Peter Stott, Met Office Science Fellow in Climate Attribution, said in a...

Monkeypox infection: first 2022 US case identified in Massachusetts

by AIP Online Bureau | May 19, 2022 | Facts, Health

If you get infected with monkeypox, it usually takes between five to 21 days for the first symptoms to appear. These include a fever, a headache, muscle aches, backache, swollen glands, shivering and exhaustion A case of the rare and potentially dangerous monkeypox...

India Inc improving ESG disclosures gradually: Crisil

by AIP Online Bureau | May 19, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

Assessment of 586 cos shows 14 in ‘leadership’ category, 73 ‘below average’ and ‘weak’ Said Amish Mehta, Managing Director and CEO, CRISIL, “ The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary...

Global economic growth downgraded due to spillover from Ukraine war

by AIP Online Bureau | May 19, 2022 | Eco/Invest/Demography, International News, Policy

Global inflation is also set to reach 6.7 per cent this year, or twice the average of 2.9 per cent during the period from 2010 to 2020, with sharp rises in food and energy prices The war is also unfolding at a time when global carbon dioxide (CO2) emissions are at a...
Global economy: Scarcity triggers $1.6 trillion of GDP loss

Global economy: Scarcity triggers $1.6 trillion of GDP loss

by AIP Online Bureau | May 19, 2022 | Articles, Eco/Invest/Demography, Risk Management

Russia’s invasion of Ukraine and China’s Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs. Emerging nations could see more acute threats to energy and food security, like the ones already causing turmoil in...

Covid-19 cases cross11.57 mn in Africa, over 252,000 deaths reported

by AIP Online Bureau | May 19, 2022 | Data, Health, Pandemic

The specialised healthcare agency of the African Union said the death toll across the continent stands at 252,771 and nearly 10,892,454 patients have recovered from the disease so far The number of confirmed Covid-19 cases in Africa reached 11,570,885, the Africa...

Twelve workers killed by wall collapse at India salt factory

by AIP Online Bureau | May 19, 2022 | Indian News, Non-Life, Regulation, Risk Management

Industrial accidents, mainly fires, are common in India due to lax safety regulations NEW DELHI: Twelve workers at an Indian salt factory were killed on Wednesday when a 3 metre high wall collapsed on them, government officials said. The incident took place in the...

CCI approves deal for selling majority stakes in Magma General Insurance Company

by AIP Online Bureau | May 19, 2022 | Indian News, Non-Life, Regulation

CCI has approved “acquisition of 55.39 per cent of the total equity share capital of Magma HDI General Insurance Company Limited by Sanoti Properties LLP,” according to a tweet on Wednesday New Delhi: Fair trade regulator CCI has cleared the proposed...

Govt to press ahead with strict cybersecurity rules despite industry concerns

by AIP Online Bureau | May 19, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

New Delhi has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to investigate them was not always readily available from the service providers NEW DELHI: India will not change upcoming cybersecurity...
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