by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management
Prime Minister Narendra Modi “We have met the climate targets set under the Paris Agreement ahead of schedule. India is the only nation among the G20 countries to do so, and we are proud of it,” the prime minister said New Delhi: India is the only country among G20...
by AIP Online Bureau | Aug 15, 2024 | Articles, Eco/Invest/Demography, Health, Non-Life, Reinsurance
Experts argue in favour of removal of 18% GST on Health covers to boost insurance penetration “If GST is removed, a straight 18% less in amount will keep people from choosing higher sum-insured or better policy coverages in the same amount” Rakesh Jain,...
by AIP Online Bureau | Aug 15, 2024 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
M K Stalin,Chief Minister,Tamil Nadu In his Independence Day address after hoisting the national flag at Fort St George, Stalin announced a comprehensive scientific study on natural calamities triggered by heavy rains in the mountainous regions of the state, including...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
A fresh analysis by Swiss Re shows issuance of the bonds was well over $12 billion in the first half of 2024, putting it on track to exceed the $15.6 billion issued throughout 2023 Investors can face huge losses if a pre-defined catastrophe hits, but enormous gains if...
by AIP Online Bureau | Aug 15, 2024 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Auto experts say EV battery fires burn differently than fires in internal combustion engines, often lasting longer and being harder to extinguish as they have a tendency to reignite South Korea is urging automakers operating in the country to disclose the manufacturer...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Climate change is increasing the frequency and intensity of extreme weather events, including heat waves, violent storms and wildfires. Countries around the Mediterranean Sea — which reached a record average temperature of 28.16C (82.7F) on Tuesday — are some of the...
by AIP Online Bureau | Aug 15, 2024 | Data, Non-Life, Technology
The project involves implementing Duck Creek’s comprehensive suite of cloud-native core insurance delivery applications, including policy, claims, billing, data insights, and other solutions, along with developing a front-end interface on a no-code platform...
by AIP Online Bureau | Aug 15, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“With technological innovations and advancements, many AI tools are currently available in chatbot form such as OpenAI’s ChatGPT, Google’s Gemini, etc. These AI tools, however, may not adequately safeguard sensitive data shared during conversations,...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
Abhishek Bapna, Director of Product Management at Google DeepMind, emphasized that Google’s agricultural initiatives are driven by two major goals: improving livelihoods and addressing climate change through necessary interventions. Banks and insurance companies...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy
PM Narendra Modi addressing the nation from the ramparts of the Red Fort on the 78th Independence Day Addressing the nation from the ramparts of the Red Fort on the 78th Independence Day, PM Modi said, “This year and over the last few years, we have all become...