by AIP Online Bureau | Jun 30, 2018 | International News, Technology
In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data. The system, which involves sending information to a centralized computer linked...
by AIP Online Bureau | Jun 29, 2018 | International News, Reinsurance
London: Lloyd’s today announced that Chief Executive Officer, Dame Inga Beale, will step down next year after leading the global insurance and reinsurance market for five years. Inga joined Lloyd’s in January 2014. Since then, her commitment...
by AIP Online Bureau | Jun 29, 2018 | Articles, Risk Management
London: Is the web browser on your phone slower than usual? It could be mining bitcoin for criminals. As the popularity of virtual currencies has grown, hackers are focusing on a new type of heist: puttingmalicious software on peoples' handsets, TVs and...
by AIP Online Bureau | Jun 29, 2018 | Indian News, Risk Management
New Delhi: Directors at companies will soon be required to share their personal mobile numbers and e-mail ids with the government as part of verifying their credentials, amid continuing efforts to weed out bogus directorships. In a significant move, the...
by AIP Online Bureau | Jun 29, 2018 | Indian News, Regulation
Hydearbad: The board of the insurance regulator IRDAI on Friday cleared a proposal by which the Life Insurance Corporation(LIC) can pick up upto 51per cent in the IDBI bank while deferring the final approval of the revamped...
by AIP Online Bureau | Jun 29, 2018 | International News, Regulation
Malaysia’s central bank is considering granting extensions to some foreign insurers to give them more time to trim stakes in their local ventures, people with knowledge of the matter said. Foreign insurers are expected to be given additional time...
by AIP Online Bureau | Jun 29, 2018 | International News, Technology
German auto supplier Robert Bosch GmbH is teaming with Canadian startup Mojio to get more vehicles connected wirelessly to a wide range of digital services, from insurance companies to emergency responders, the companies said on Wednesday. Bosch said it...
by AIP Online Bureau | Jun 29, 2018 | International News
Chinese President Xi Jinping wants women to have more babies. That’s proving to be a costly goal. After government-run insurance funds paying for maternity leaves suffered revenue shortfalls for the first time, Xi’s government has begun...
by AIP Online Bureau | Jun 29, 2018 | Health, International News
Amazon.com Inc. agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that will give the retail giant an immediate nationwide drug network. The move represents a formidable threat to pharmacy chains...
by AIP Online Bureau | Jun 28, 2018 | Climate, Environment, Renewable Energy, Indian News
Climate change could cost India 2.8 per cent of GDP, and depress living standards of nearly half of its population by 2050, as average annual temperatures are expected to rise by 1-2 per cent over three decades, a World Bank report today said. If no...
