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Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC

by AIP Online Bureau | Aug 6, 2025 | International News, Non-Life, Technology

The solution is tailored for insurers in EMEA and APAC. This innovative solution allows insurers to define products and build rates in Earnix, and seamlessly integrate them into modernised workflows in Sapiens IDITSuite’s Platform. Rochelle Park, NJ: Sapiens...
WhatsApp launches ‘Safety Overview’ tool, bans 6.8 mn accounts linked to scam centres

WhatsApp launches ‘Safety Overview’ tool, bans 6.8 mn accounts linked to scam centres

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Technology

Meta’s messaging platform further said it is exploring ways to caution users when they start a chat with someone not in the contacts by showing more context about the person they are messaging to. This, it hopes, will enable informed decisions. New Delhi:...
Howden Re strengthens regional presence with Dubai license

Howden Re strengthens regional presence with Dubai license

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Intermediaries, International News

Howden Re’s expanded Dubai operations will build on its current broking services, with a focus on its treaty, facultative and MGA reinsurance offering and reinforcing its regional growth strategy. London: Howden Re, the global reinsurance, capital markets, and...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025

Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...
Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...

SBI Life’s corporate agency partnership with AU Small Finance Bank

by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Briefs, Life

SBI Life Insurance has entered a strategic corporate agency partnership with AU Small Finance Bank, the country’s largest Small Finance Bank. With this alliance, AU SFB will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including...
RBI decides to keep interest rate unchanged at 5.5 pc

RBI decides to keep interest rate unchanged at 5.5 pc

by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
Cloudburst leads to flash floods in Uttarkashi, several homes swept away

Cloudburst leads to flash floods in Uttarkashi, several homes swept away

by AIP Online Bureau | Aug 5, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News

“The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations,” Chief Minister Pushkar Singh...
Pollution boards can impose environmental damages, says SC

Pollution boards can impose environmental damages, says SC

by AIP Online Bureau | Aug 5, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Having considered the principles that govern Indian environmental laws, we have held that the environmental regulators, the Pollution Control Boards exercising powers under the Water and Air Acts, can impose and collect restitutionary or compensatory damages in the...

JFSL set to become premier financial services enterprise by embracing technology

by AIP Online Bureau | Aug 5, 2025 | Indian News, Intermediaries, Technology

K V Kamath,Chairman , JSFL Observing that one must also remember that the business of financial services is premised on trust, he said, “even as we harness the full potential of technology to make financial services more experiential and efficient, we must...
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