by AIP Online Bureau | Jun 12, 2025 | Indian News, Non-Life, Reinsurance
“Around 40 per cent of the fire has now been brought under control. The vessel remains afloat but unmanned and is slowly drifting southeast in the Arabian Sea,” according to updates shared by the Director General of Shipping. Kochi/Mumbai: Indian Coast...
by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
EU firms are involved in an array of service provision for Russia that’s legal under the cap at current prices but wouldn’t be at $45. That includes use of the large Greek oil-tanker fleet, as well as insurance and reinsurance that’s provided by different firms across...
by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, Policy
Investors in Asia are now considering putting a portion of investment intended for the US into places like India and Australia, due to uncertainties brought on by tariff policies Apollo Global Management Inc. said high-net-worth clients and access to retail investors...
by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
“Autonomy has the potential to significantly reduce accident frequency longer-term and reshape the underlying claim cost distribution and legal liability for accidents,” Goldman Sachs analysts including Mark Delaney wrote in a June 9 note to clients The rise of...
by AIP Online Bureau | Jun 11, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management
While the monsoon is crucial for refilling these rivers, the danger from water-related disasters, such as floods, landslides, storms, heatwaves, wildfires, droughts and GLOFs, is increasing due to the worsening impacts of climate change. New Delhi: There is a high...
by AIP Online Bureau | Jun 11, 2025 | Indian News, Life
R Doraiswamy, managing director, LIC Among four MDs, Doraiswamy is the second senior most MD among existing four MDs followed by Pant and Patnaik. After getting approvals from the government, he will be getting a term of over three years till August 31, 2028 as...
by AIP Online Bureau | Jun 11, 2025 | Indian News, Life, Pension & Social Security, Policy
According to an official statement, ILO has acknowledged India’s achievement and officially published on its dashboard that 64.3 per cent of India’s population, i.e. over 94 crore people, are now covered under at least one social protection benefit. It is...
by AIP Online Bureau | Jun 11, 2025 | Indian News, Non-Life
Mohd. Arif Khan, deputy chief executive officer, SBI General Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “His vast experience across diverse banking functions, strong strategic expertise, and deep understanding of the business, will be...
by AIP Online Bureau | Jun 11, 2025 | Eco/Invest/Demography, Indian News, Policy
The country’s 68 per cent of the population is of working age (15-64), providing a potential demographic dividend, if matched by adequate employment and policy support. New Delhi: India’s population is estimated to reach 1.46 billion in 2025, continuing to...
by AIP Online Bureau | Jun 11, 2025 | International News, Risk Management, Technology
“We are investigating,” said the company. About 88 per cent of complaints from India cited the chatbot not responding to queries, 8 per cent reported issues with the mobile app, and 3 per cent faced API-related problems New Delhi: OpenAI’s popular chatbot...
