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...
by AIP Online Bureau | Aug 24, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
New Delhi: The ambitious Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY) scheme has completed over two crore hospital admissions so far as per the CEO of the National Health Authority. In an exclusive interview with ANI, Dr R S Sharma, CEO of the National...
by AIP Online Bureau | Aug 24, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: Covid-19 in India may be entering some kind of stage of endemicity where there is low or moderate level of transmission going on, Chief Scientist of the World Health Organisation Dr Soumya Swaminathan said.The endemic stage is when a population learns to...
by AIP Online Bureau | Aug 24, 2021 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Summer-sown crop planting in India has been lagging as the country received below-normal rainfall, the government said, raising concerns about food grain production in Asia's third biggest economy. India is the world's biggest exporter of rice and...
by AIP Online Bureau | Aug 24, 2021 | Indian News, Life, Policy
New Delhi: The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO, sources said. The proposal is under discussion...
by AIP Online Bureau | Aug 24, 2021 | International News, Non-Life, Reinsurance
London: The 17 non-life reinsurers monitored by Fitch Ratings posted a significantly improved aggregate reinsurance calendar year combined ratio of 94.5% in 1H21 (consistent with ‘AA’ IFS rating category guidelines). This was down more than 11...
by AIP Online Bureau | Aug 24, 2021 | Eco/Invest/Demography, International News, Non-Life
Newark, CA: RMS, the world’s leading catastrophe risk solutions company, estimates that insured losses from the Western and Central Europe flooding that occurred between July 12 and 18, 2021 will likely range between €5 billion and €6.5 billion...
by AIP Online Bureau | Aug 24, 2021 | Intermediaries, International News, Non-Life, Reinsurance
LONDON: Re/insurance broker Aon announced new global leadership roles in Reinsurance Solutions to enable greater focus on creating client value, product and market segmentation and regional reach. Joe Monaghan will assume the role of global growth leader...
by AIP Online Bureau | Aug 24, 2021 | Indian News, Life
Mumbai: With vaccination against covid-19 pandemic picking up and fatalities due to the second wave falling in the country, Aditya Birla Sun Life Insurance (ABSLI) announceds reduction in the premium rates in ABSLI DigiShield Plan, a term...
