by AIP Online Bureau | Jun 18, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance
There are instances of an entire family perishing or one of the spouses dying in the horrific June 12 crash of the London-bound plane, which claimed the lives of 241 persons on board and 29 on the ground Ahmedabad: Insurance companies are facing challenges in settling...
by AIP Online Bureau | Jun 17, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Policy
Overall, increased climate costs from insurance premiums, power outages, disaster recovery and uninsured damage are responsible for $7.7 trillion, or 36%, of US GDP growth since 2000. Risks are rising both from climate change, as it increases the severity and...
by AIP Online Bureau | Jun 17, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology
Gartner’s key predictions include a significant increase in business decisions augmented or automated by AI agents, a direct correlation between executive AI literacy and higher financial performance, and potential critical failures in managing synthetic data...
by AIP Online Bureau | Jun 17, 2025 | Indian News, Risk Management
It advised the airline to strengthen internal coordination across engineering, operations, ground handling units and ensure availability of adequate spares to mitigate passenger delays resulting from such issues and strictly adhere to regulations. New Delhi: After...
by AIP Online Bureau | Jun 17, 2025 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
“Gold’s performance during times of crisis, portfolio diversification and inflation hedging are some key themes driving plans to accumulate more gold over the coming year,” WGC LONDON: Central banks around the world expect their gold holdings as a...
by AIP Online Bureau | Jun 17, 2025 | Data, Eco/Invest/Demography, Non-Life
Total vehicle wholesales across categories were up 1.8 per cent at 20,12,969 units as against 19,76,674 units in May last year, it added. Domestic passenger vehicle wholesales were marginally down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492...
by AIP Online Bureau | Jun 16, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Technology
Amit Shah ,Union Home Minister “For the first time, we have also created a National Disaster Risk Management Fund at the national level with ₹68,000 crore,” revealed Amit Shah New Delhi: Union Home Minister Amit Shah said over the past two years, workshops...
by AIP Online Bureau | Jun 16, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
As surveyors and lawyers from London, appointed by reinsurers of Air India policy, are now camping in Ahmedabad to take stock of devastation and prepare various loss reports including Hull and passenger liability so that re/insurers will start paying...
by AIP Online Bureau | Jun 15, 2025 | Data, Eco/Invest/Demography, Policy
On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed. New Delhi: India’s household savings continued their...
by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News
Maharashtra Minister of Disaster Management Girish Mahajan, who was at the site monitoring rescue efforts, said the bridge collapsed under the weight of a large number of tourists PUNE: Four persons died and 18 were seriously injured after an old iron bridge on...
