by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
“The whole package… the whole AI Mission which was approved by the Cabinet a couple of months back… the team is working on setting the foundation and all seven pillars… and maybe in two-three months we will be launching this mission,” Vaishnaw said while speaking at...
by AIP Online Bureau | Jul 3, 2024 | Intermediaries, Non-Life, Reinsurance
Howden Re Japan will provide reinsurance brokerage services to life and non-life companies in addition to strategic advice leveraging data, analytics and capital markets expertise for the Japanese market. Underinsurance of seismic risk makes up the majority of Japan’s...
by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
“Higher global markets are setting up a positive open for Indian markets today. Fed Chairperson Powell’s comments gave a boost to US markets with a rate cut in September and December being factored in, even though Powell did not allude to any imminent rate...
by AIP Online Bureau | Jul 2, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
The bill aims to establish a comprehensive cross-agency mechanism for risk detection and mitigation within the financial system, as the country grapples with a prolonged real estate crisis and vulnerabilities in smaller banks China’s new financial stability law draft...
by AIP Online Bureau | Jul 2, 2024 | Eco/Invest/Demography, Health, International News, Risk Management
“It almost seems like a pandemic unfolding in slow motion,” said Scott Hensley, a professor of microbiology at the University of Pennsylvania. “Right now, the threat is pretty low … but that could change in a heartbeat.” Scientists tracking the spread of bird flu are...
by AIP Online Bureau | Jul 2, 2024 | Disaster & Management, Indian News, Risk Management
“The incident happened due to overcrowding at the time when people were trying to leave the venue,” Hathras district administrator Ashish Kumar told reporters HATHRAS (UP): Over 121 people died and several others were injured in a stampede at a religious...
by AIP Online Bureau | Jul 2, 2024 | Data, Eco/Invest/Demography, Non-Life
According to industry figures, total domestic passenger vehicle (PV) sales last month stood at 340,784 units, up by about 12,000 units or 3.6%, when compared to June 2023 sales (328,710 units) New Delhi: On lack of fresh demand and the high base of last year, car...
by AIP Online Bureau | Jul 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Apart from the aggregation of CA (Chartered Accountants) firms, the corporate affairs ministry is also working on having accounting standards for the insurance sector and Limited Liability Partnerships (LLPs), Corporate Affairs Secretary Manoj Govil said New Delhi:...
by AIP Online Bureau | Jul 2, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Aon Securities estimates that overall ILS capital increased to an all-time high of $110 billion through the second quarter, increasing from $108 billion at year-end 2023, with a record $46 billion of catastrophe bond limit on-risk. For the first time, more than $8...
by AIP Online Bureau | Jul 2, 2024 | Climate, Environment, Renewable Energy, Indian News, Policy
D.Y. Chandrachud,Chief Justice of India The CJI said he was delighted to know that these new GRIHA-rated court buildings will focus on heat island mitigation and reduce environmental footprint. Green Rated Integrated Habitat Assessment (GRIHA) — a rating tool...
