by AIP Online Bureau | Feb 5, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insured losses are estimated at $75 billion.The disaster will reduce L.A.’s gross domestic product by $4.6 billion, or about 0.5%, in 2025. Insured losses may cover only a fraction of the costs for fire victims. Many property owners seeking to rebuild were...
by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“For me, it was also important that we don’t lose an opportunity, that we can even bring down the number of rates, which is also the original intent that we wanted fewer rates and lower rates. So work has got to happen on that, and I hope the GST Council...
by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Approximately 400 million people have been affected by long Covid since the beginning of the pandemic. Global estimates indicate that about 6 percent of people develop long Covid symptoms after infection, according to the World Health Organization Long Covid is...
by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Health, Indian News, Risk Management
According to the animal husbandry official, usually, this phenomenon is seasonal and manifests every year, however, due to higher numbers of migratory birds coupled with the negligence of poultry farmers, number of deaths has gone up Amaravati: Nearly four lakh...
by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Technology
Naveen Chandra Jha, MD and CEO of SBI General Insurance SBI General will be conducting awareness workshops such as Fasal Bima Pathshala, Women centric workshops etc. in 8 states namely Madhya Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Assam, Tamil Nadu, Maharashtra...
by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“It has been determined that AI tools and AI apps (such as ChatGPT, DeepSeek etc.) in the office computers and devices pose risks for confidentiality of (government) data and documents,” said the advisory by the Indian finance ministry dated Jan. 29 NEW...
by AIP Online Bureau | Feb 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The fiscal policy and the monetary policy need to work in tandem, not at cross purposes
Because a lot more benefit will come also with monetary easing, if we are able to maintain inflation control.The Budget has projected a 4.4 per cent fiscal deficit in...
by AIP Online Bureau | Feb 4, 2025 | Articles, Eco/Invest/Demography, Health, Regulation, Risk Management, Technology
Bibhu Krishna, Chief Information Security Officer, Policybazaar.com For the insurance sector, the draft rules introduce challenges as well as opportunities to formulate a robust data privacy landscape The draft Digital Personal Data Protection (DPDP) Rules, 2025,...
by AIP Online Bureau | Feb 4, 2025 | Indian News, Non-Life, Reinsurance
GIC Re has also branch offices in London and Kuala Lumpur. In April 2018, syndicate fully capitalised by GIC Re became operational at Lloyd’s of London. GIC Re has 100% subsidiary in South Africa, Russia, United Kingdom and also associate companies in Bhutan,...
by AIP Online Bureau | Feb 4, 2025 | Health, Indian News, Regulation
In a regulatory filing, REL posted a letter written by Danny Gaekwad Developments & Investments addressed to SEBI Chairperson, requesting for grant of exemption from strict enforcement of Substantial Acquisition of Shares and Takeovers (SAST) Regulations New...
