by AIP Online Bureau | Aug 29, 2024 | International News, Non-Life, Reinsurance
In AM Best’s `World’s 50 largest reinsurers in 2023’, Munich Re is the largest IFRS 17 reporting reinsurer followed by Hannover Re and SCOR Re. Swiss Re is the largest non-IFRS 17 reporting reinsurer globally, followed by Berkshire Hathaway and...
by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
Digital payment frauds saw a more than fivefold jump to 14.6 billion rupees ($175 million) in the year ended March 2024 from the previous fiscal year, according to the Reserve Bank of India Mumbai: Rising cases of online thefts and frauds will push Indian banks that...
by AIP Online Bureau | Aug 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The bill requires developers of large “frontier” AI models to take precautions such as pre-deployment testing, simulating hacker attacks, installing cyber security safeguards, and providing protection for whistleblowers At least 40 states have introduced...
by AIP Online Bureau | Aug 28, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Reinsurance, Risk Management
The meteorological agency issued an emergency warning saying the typhoon could bring flooding, landslides and wind strong enough to knock down some houses Southwestern Japan braced on Wednesday for what officials say could be one of the strongest storms to ever hit...
by AIP Online Bureau | Aug 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Insurance industry sources said on Wednesday additional war risk premiums, paid when vessels sail through the Red Sea, were quoted up to 0.75% of the vessel from 0.4% before the attack, although they were higher at 1% in February according to industry assessements of...
by AIP Online Bureau | Aug 28, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 28, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 28, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 28, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
“You ( Central government) will have to start working on this. You also start thinking about this. It (deepfake) is going to be a serious menace in the society,” said Acting Chief Justice Manmohan and Justice Tushar Rao Gedela New Delhi: Deepfake technology is going...
by AIP Online Bureau | Aug 28, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management, Workplace/Employee Benefits
“Over the past two decades, student suicides have grown at an alarming annual rate of 4 per cent, double the national average. In 2022, male students constituted 53 pc (per cent) of the total student suicides. Between 2021 and 2022, male student suicides...
