by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Recent years have also seen a growing list of pharma, food, and chemical products become the target of billion-dollar class action litigation, including opioids, talcum powder, indigestion remedies, and herbicide. Cancer is increasingly a feature of such litigation...
by AIP Online Bureau | Nov 20, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Technology
(Lto R) Vivek Mandhata, managing director & partner, Boston Consulting Group (BCG) and Arvind Virmani, member, NITI Aayog releasing a report on Indian Insurtech Sector on Wednesday in Mumbai According to report, released by Arvind Virmani, member, NITI Aayog at...
by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Thousands of Facebook users in Germany are demanding compensation from parent company Meta for insufficient protection of their data after unknown third parties were able to access user accounts by guessing phone numbers A German court said on Monday that Facebook...
by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life
“I wish to say this for the due consideration of the bank boards , sale of insurance by banks has raised concerns of instances of mis-selling and I would say this has contributed indirectly to cost of borrowing for the customers . So banks will have to look at this ,...
by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Risk Management
Insurance premium growth forecast in real terms TotalNon-lifeLife 2024F2025– 2026F2024F2025–2026F2024F2025–2026FWorld 4.6%2.6%4.3%2.3%5.0%3.0%Advanced markets All4.1%2.0%4.3%1.9%4.0%2.0%North...
by AIP Online Bureau | Nov 19, 2024 | Indian News, Life
M K Stalin,Tamil Nadu Chief Minister LIC has clarified that there was a technical issue in the website which has already been resolved Posting a screenshot of the LIC of India webpage containing Hindi, the chief minister said in a post on social media platform ‘X’:...
by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...
by AIP Online Bureau | Nov 19, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
“We are producing more than 330 million foodgrains annually and exporting worth USD 50 billion. This success however comes with concerns, especially regarding soil health,” Union Agriculture Minister Shivraj Singh Chouhan New Delhi: Agriculture Minister...
by AIP Online Bureau | Nov 19, 2024 | Indian News, Intermediaries, Life, Technology
Anil Wadhwani, Chief Executive Officer, Prudential plc, said: “Data, advanced analytics and AI are crucial to the delivery of our strategic priorities. The AI Lab will supercharge the development of exciting applications such as predictive analytics,...
by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Risk Management
Air quality has worsened in several cities, including Mumbai, Delhi, and regions in northern India, reaching severe levels. The deteriorating air quality has raised concerns over various health risks. The advisory also highlights the heightened risk of air pollution...
