by AIP Online Bureau | Oct 16, 2018 | Data, Technology
As India pushes its boundaries towards achieving digital growth, a new report said on Tuesday that over 50,000 positions in the fields of data science and machine learning (ML) are vacant in the country owing to a lack of skilled workforce. A state...
by AIP Online Bureau | Oct 16, 2018 | Indian News
Mumbai: The domestic general insurance industry with 33 players have recorded a growth of 13 per cent from Rs 72,546 crore to Rs 81,873 crore in H1 2018-19.The industry has expanded by nine per cent to Rs 19,147 crore during the month of September, ...
by AIP Online Bureau | Oct 16, 2018 | Indian News
Mumbai: UK based insurtech Skyline Partners, whose technology powered weather insurance offering targets the global protection gap and plans to lunch its products in India in 2019, have recently secured funding to grow the business. Accompanying...
by AIP Online Bureau | Oct 16, 2018 | International News, Reinsurance, Risk Management
BOSTON: Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses resulting from Hurricane Michael’s winds and storm surge will range from $ 6 billion to USD 10 billion. “Fueled by unseasonably high 84-degree sea...
by AIP Online Bureau | Oct 16, 2018 | International News, Technology
Washington: The U.S. government has warned that a hacking group widely known as cloudhopper, which Western cybersecurity firms have linked to the Chinese government, has launched attacks on technology service providers in a campaign to steal data from...
by AIP Online Bureau | Oct 16, 2018 | International News
Washington: Airline passengers can no longer be removed from flights under legislation that passed the Senate on Wednesday, while the government will write new rules to allow commercial drones to deliver packages and get new authority to shoot down dangerous...
by AIP Online Bureau | Oct 15, 2018 | Indian News
India has been ranked at the 103rd position among 119 countries on the Global Hunger Index(GHI), says a report. According to the report, prepared by Welthungerhilfe and Concern Worldwide, India is among the 45 countries that have "serious levels of...
by AIP Online Bureau | Oct 15, 2018 | Indian News, Intermediaries, Regulation, Risk Management, Technology
Mumbai: The IRDAI chief has cautioned that with the emergence of insurance depositaries and increasing use of data analytics by the insurers, the data privacy of customers has to be guarded properly. “ Insurance industry generates huge number of...
by AIP Online Bureau | Oct 14, 2018 | Facts, Reinsurance, Risk Management, Technology
Relative to human motorists, the driverless vehicles now undergoing testing on public roads are overly cautious, maddeningly slow, and prone to abrupt halts or bizarre paralysis caused by bikers, joggers, crosswalks or anything else that doesn’t fit...
by AIP Online Bureau | Oct 14, 2018 | Facts, Risk Management
Has the workplace changed in the year since New York Times reported the first allegations against movie producer Harvey Weinstein? At the very least, many powerful men have altered their behavior, according to a new survey from the Society for Human Resource...
