by AIP Online Bureau | Oct 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
The attorneys general have alleged that despite research showing Facebook and Instagram use is associated with depression and other mental health issues, Meta won’t remove the platforms’ harmful features Meta Platforms Inc must face a lawsuit by dozens of state...
by AIP Online Bureau | Oct 16, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We believe reinsurers can maintain profitability through rigorous risk selection and disciplined pricing amid rising competition, regulatory changes, climate impact and economic risks,” said Fitch Jakarta: The APAC reinsurance market’s pricing in 2024 is...
by AIP Online Bureau | Oct 15, 2024 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Michael Patra, Deputy Governor, RBI Central banks face an “existential threat” to their inflation mandates from climate change through supply shocks, such as food and energy shortages, and a decline in productive capacity, Michael Patra said at a...
by AIP Online Bureau | Oct 15, 2024 | Indian News, Non-Life, Reinsurance
The company is not expected to be profitable even this year. Earlier this year, Acko founder Varun Dua had said the company could become profitable in the financial year 2026-27 New Delhi: New-age insurance company ACKO has reported Rs 670 crore loss in financial year...
by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Prime Minister Narendra Modi Emphasising on ethical use of AI with security, dignity, equity being at the centre, Prime Minister Narendra Modi said global institutions should come together to work out dos and don’ts New Delhi: Prime Minister Narendra Modi on...
by AIP Online Bureau | Oct 15, 2024 | Indian News, Life
Sandip Goenka, chief executive officer, Acko Life Sandip,with two decades of experience in life, health, general insurance, reinsurance, and insurance consulting, is a qualified actuary from the Institute of Actuaries of India and the UK Actuarial Institute with a...
by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Technology
Prasun Sikdar, MD & CEO, designate, Bima Sugam Federation “I am truly excited about the journey ahead and the potential to democratise and universalise insurance in Bharat. Our commitment to enhancing affordability, accessibility, and availability is crucial...
by AIP Online Bureau | Oct 14, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
“The information about authentic persons or institutions registered with Sebi is available on the website,” Sebi Executive Director Manoj Kumar said Mathura: Investors must rely on persons or institutions that are registered with the Securities Exchange...
by AIP Online Bureau | Oct 14, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management
Sunil Barthwal, Commerce Secretary The issues which figured in the meeting included the need for low rate of credit, enhanced insurance coverage, coverage of loans, and priority lending, the official said New Delhi: Commerce Secretary Sunil Barthwal on Monday held a...
by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life
Across all the focus group responses, the top three major risks were pollution, flooding and heatwaves. Three minor risks were cold spells, wildfires and vector-borne diseases, such as malaria Copenhagen: Climate change is likely to have a severe impact on health...
