by AIP Online Bureau | Jul 17, 2024 | International News, Non-Life, Reinsurance, Technology
Christian Dunleavy, Group Chief Underwriting Officer, said: “Technology, and increasingly the potential of AI, is vital to our strategy. Aspen Data Labs will be instrumental in enhancing our decision support systems to bring solutions that improve our operations...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, Features, Non-Life, Reinsurance, Risk Management
The survey results highlight that supply chain risks are top of mind in the C-suite, with 74 percent of business decision makers saying that their responsibility for supply chain or distribution functions has increased over the last year DUBLIN: Aon plc, a leading...
by AIP Online Bureau | Jul 17, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...
by AIP Online Bureau | Jul 17, 2024 | Banking & Bancassurance, Data, Health, Non-Life
Taking note of the evidence before it, the commission comprising President Inder Jeet Singh observed that the denial of the claim by the insurance company was “arbitrary, without any valid ground and contrary to the terms and conditions of the policy”,...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“The impact of the Bill on various sectors and domains of the digital economy, including user experience, data protection and security, supply chains, investments, business costs and consumer affordability would have to be seen,” Supreme Court judge Hima...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, Indian News, Policy
“The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas,” the IMF...
by AIP Online Bureau | Jul 16, 2024 | Indian News, Non-Life, Regulation
The candidates are- Rejeshwri Singh, CMD, National Insurance Company, Randip Singh Jagpal, executive director, IRDAI, CS Radhika, general manger, United India Insurance UII and three other candidates from the private sector insurance industry-Deepak Sood, a consultant...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy
Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re’s Group Chief Economist says, “The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should...
by AIP Online Bureau | Jul 16, 2024 | Health, Indian News, Policy, Technology
Chronic diseases, building climate-resilient health structures, and the one health policy may be some of the other critical areas to target New Delhi: Prioritising and scaling up investment, infrastructure, medical tourism, and tax reforms will be key to creating a...