by AIP Online Bureau | Jan 6, 2019 | Blog, Risk Management, Technology, Trends, Facts
Robots Haven’t Eliminated Many Jobs – So Far: World BankThe rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by...
by AIP Online Bureau | Jan 6, 2019 | International News, Risk Management, Technology
Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying to gain entry from Romania. And no, the admin...
by AIP Online Bureau | Jan 5, 2019 | International News, Risk Management
Some 372,000 German owners of Volkswagen cars fitted with motors that cheated emissions tests have joined a collective legal action against the auto giant, official figures showed. Hundreds of thousands of people signed up to the collective action...
by AIP Online Bureau | Jan 5, 2019 | Indian News, Regulation, Risk Management, Technology
Mumbai: The customers using prepaid instruments will not take a hit out of liabilities arising out of a fraud if the incident is reported within three days, said Reserve Bank of India(RBI).. . The RBI has extended its customer protection...
by AIP Online Bureau | Jan 5, 2019 | Disaster & Management, International News
Bangkok: Tropical Storm Pabuk has killed three people and prompted an evacuation of more than 34,000 villagers in southern Thailand, a senior government official said on Saturday. Director General of the Department of Disaster Prevention and...
by AIP Online Bureau | Jan 4, 2019 | International News, Life, Non-Life
Yangon: Foreign insurance providers are on the verge of starting their operations in Myanmar, as Ministry of Planning and Finance (MOPF) now has officially permitted companies wishing “to operate the business of insurance, underwriting agency or insurance...
by AIP Online Bureau | Jan 4, 2019 | International News, Non-Life
Sydney: POP Insurance Holdings (“POP”), a specialist insurance group, headquartered in Sydney, Australia, announces the launch of Fusion Specialty M&A MGA (“Fusion M&A”), in partnership with Allianz Global...
by AIP Online Bureau | Jan 3, 2019 | Intermediaries, Interviews, Non-Life
How do you see the developments in the Indian re/insurance market in next five years? The Indian insurance industry is at an inflection point from where it is poised to grow manifold on the back of robust economic growth and higher disposable income. The...
by AIP Online Bureau | Jan 3, 2019 | Eco/Invest/Demography, International News, Life
Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smith’s...
by AIP Online Bureau | Jan 3, 2019 | Blog, Technology
It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as the technology progresses, the race for...
