by AIP Online Bureau | Aug 25, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Mumbai: The Reserve Bank on Wednesday extended the scope of 'tokenisation' to several consumer devices, including laptops, desktops, wearables like wristwatches and bands, as well as Internet of Things (IoT) devices. Tokenisation, which aims at improving the...
by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, Health, Indian News, Policy, Technology
New Delhi: The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence, Science and Technology Minister Jitendra Singh said on Wednesday. The scheme will be launched by the...
by AIP Online Bureau | Aug 25, 2021 | Indian News, Life, Non-Life, Reinsurance
Mumbai: Government to have some presence in life insurance, general insurance and reinsurance, said finance minister Nirmala Sitharaman on Wednesday in Mumbai. On the government's plans to reduce stakes in insurers, Sitharaman said the government will go...
by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
New Delhi: The majority of Indians experienced no or only mild side effects after taking two doses of COVID-19 vaccines Covishield and Covaxin, a survey conducted across the country said. A massive COVID-19 vaccination drive was launched in India on January 16,...
by AIP Online Bureau | Aug 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Zurich: Swiss Re and Climeworks, a leading specialist in carbon dioxide air capture technology, are partnering to combat climate change. The partners signed the world's first long-term purchase agreement for direct air capture and storage of carbon dioxide,...
by AIP Online Bureau | Aug 25, 2021 | Health, International News, Non-Life
HONG KONG SAR: Zurich Insurance (Hong Kong) announced today the launch of the new "Helpersafe" Domestic Helper Insurance Plan, to meet the ever-changing protection needs of employers and domestic helpers. In addition to the coverage of traditional...
by AIP Online Bureau | Aug 25, 2021 | Health, International News, Life, Technology
Singapore: Munich Re Automation Solutions, the leading provider of insurtech solutions to the life insurance industry, has launched its advanced predictive underwriting enablement technology, Predictor. Over the last few years, firms have come to understand how...
by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
New Delhi: The government is considering to introduce insurance bonds as an alternative to bank guarantees, Finance Secretary T V Somanathan said here on Tuesday. Somanathan made the announcement during a meeting between industry captains and Finance Minister...
by AIP Online Bureau | Aug 25, 2021 | Indian News, Risk Management, Technology
BENGALURU: Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM's first processor that contains on-chip...
by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, International News, Technology
Some 38 million records stored on a Microsoft service, including private information, were mistakenly left exposed this year, security firm UpGuard said Monday. The data, including names, addresses, financial information and Covid-19 vaccination statuses, was made...
