by AIP Online Bureau | May 7, 2025 | International News, Non-Life, Reinsurance
“Clinical trials insurance is a regulatory requirement in many countries and it’s often the last hurdle to get approval to begin clinical research,” says Robert Hannaford, Senior Underwriter – Life Science, Markel. “Delays to this process can result in sizeable costs,...
by AIP Online Bureau | May 7, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
As AI adoption continues to surge, AI incidents have spurred over 150 lawsuits in the US in the last 5 years per researchers at George Washington University. AI regulations are proliferating and scrutiny intensifying, it’s essential for AI adopters to protect...
by AIP Online Bureau | May 7, 2025 | International News, Reinsurance, Risk Management, Technology
“Criminal activity online – including, but not limited to, ransomware and data extortion – is rampant. Attacks like this are becoming more and more common. And all organizations, of all sizes, need to be prepared,” Jonathon Ellison and Ollie Whitehouse, respectively...
by AIP Online Bureau | May 7, 2025 | Briefs, Non-Life, Reinsurance
Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, announced the appointment of Nicholas Walsh as Independent Non-Executive Chairman of the Board of Directors for Sompo International Holdings(SIH). Monica Cramér Manhem has...
by AIP Online Bureau | May 7, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Sources said that at least 18 airports in the northern and western parts of the country have been temporarily shut. These airports include Srinagar, Leh, Jammu, Amritsar, Pathankot, Chandigarh, Jodhpur, Jaisalmer, Shimla, Dharamshala and Jamnagar,they added New Delhi/...
by AIP Online Bureau | May 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
According to economic think tank GTRI, India’s exports worth $775 million to the UK may be impacted due to Britain’s decision to introduce carbon tax on products such as iron and steel, aluminium, fertiliser and cement, from 2027 New Delhi: The India-UK...
by AIP Online Bureau | May 6, 2025 | Data, Eco/Invest/Demography, Technology
Tata Motors continued to lead the market with 4,436 units of electric PVs sold last month, although JSW MG Motor India and Mahindra & Mahindra (M&M) are catching up with 3,462 units and 2,979 units respectively, as per the Federation of Automotive Dealers...
by AIP Online Bureau | May 6, 2025 | Briefs, Life
Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has announced a record bonus of ₹1,833 crore for the financial year 2024–25 (FY25), its highest ever to date. This marks a significant 32% increase over the ₹1,383 crore bonus declared in...
by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Presently, Indian professionals working for a limited period in Britain contribute to their social security funds, but are not able to get their benefits as they return once the projects are complete New Delhi: India has secured a three-year exemption from social...
by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
With the increase in the number of vehicles on roads, especially those running on conventional fuel, air pollution has risen at an alarming rate, state Transport Minister Pratap Sarnaik said Mumbai: The Maharashtra government is considering a policy to deny fuel at...
