by AIP Online Bureau | Mar 23, 2025 | Data, Eco/Invest/Demography
“At the same time, OEMs(Original Equipment Manufacturer) are aware of high price sensitivity in the entry-level segments. Hence, are likely to be cautious in executing these hikes given the segment may see a revival, especially after the recent budget, which...
by AIP Online Bureau | Mar 22, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The financial fallout from the day-long disruption may reach reach between $80 million and $100 million, factoring in costs related to accommodation, food and transportation, as well as broader operational impacts that include rerouting, schedule disruptions and...
by AIP Online Bureau | Mar 22, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
“Cybercrime is evolving into a digital arms race targeting governments, businesses and individuals. AI-driven attacks are becoming more precise and devastating,” said Europol’s Executive Director Catherine De Bolle The European Union’s law enforcement agency cautioned...
by AIP Online Bureau | Mar 22, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
The plane hit the runway at a 50% greater descent velocity than the rate its landing gear was designed to absorb, according to a preliminary report from the TSB, an independent transportation safety agency A safety warning system went off in a Delta Air Lines regional...
by AIP Online Bureau | Mar 22, 2025 | Indian News, Non-Life
The five names are Rekha Solanki, GM, OICL, Anjana Saxena, National Ijsurance Company, Chandra Aiyyar, GM, NIA, Sanjay Joshi, GM, UII, Sachindra Salvi, MD & CEO, GIC Housing Finance. New Delhi: The Ministry of Finance(Mof) has shortlisted...
by AIP Online Bureau | Mar 21, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Risk Management, Technology
The cost of the impact could total around 20 million pounds ($26 million) a day, said Paul Charles, a travel consultant, with no guarantee that Heathrow will reopen on Saturday given the vulnerability of the airport’s power supply For travel insurers, “this...
by AIP Online Bureau | Mar 21, 2025 | Indian News, Life, Non-Life
Bajaj Finserv will spend Rs 13,780 crore to acquire the general insurance business and Rs 10,400 crore for the life insurance arm Mumbai: Shares of Bajaj Finserv continued to decline on Friday by falling 0.53 per cent during intra-day trade to Rs 1,842 on the National...
by AIP Online Bureau | Mar 21, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Under the scheme, MS Amlin has committed EUR 80 million in reinsurance capacity – rising to EUR 110 million – over five years to support war risk policies underwritten by three Ukrainian insurers: INGO, Colonnade, and UNIQA. The facility is backed by an...
by AIP Online Bureau | Mar 21, 2025 | Health, Indian News, Policy
The minister said that ever since the campaign started, 35 crore people were screened, of whom 4.2 crore were detected with hypertension and 2.6 crore were found to be diabetic. Of the 29.35 crore people screened for oral cancer, 1.18 crore were detected with...
by AIP Online Bureau | Mar 21, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology
While the risk of data loss and cyber-attacks remains among the top three concerns in Asia, health and safety risks have dropped three places from being the top concern in 2024 to fourth on the list this year. A notable exclusion from the top risks is climate change,...
