by AIP Online Bureau | Jun 25, 2024 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Cyber-attack or data breach is considered to be one of the most critical risks faced today. The BFSI sector endeavored to overcome the same by adopting data security measures including database encryption, stricter controls across levels and application of data...
by AIP Online Bureau | Jun 25, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“Also, essential details for the registration of complaints should be automatically populated, if users grant permission to access their call logs and other relevant data,” said the telecom regulatory body” NEW Delhi: New Delhi:In a bid to curb spam calls and...
by AIP Online Bureau | Jun 24, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Catastrophe bonds are generally issued by insurers looking to pass a chunk of their risk over to capital markets. Issuance has picked up lately, with factors including climate change, population density and inflation adding to the potential losses that insurers face....
by AIP Online Bureau | Jun 24, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management
The outage impacting CDK’s dealer management system, used to complete deals, track store profitability and monitor employee compensation, has “plunged the auto retail industry into disarray”, JPMorgan analysts said last week U.S. auto dealers...
by AIP Online Bureau | Jun 24, 2024 | International News, Policy, Regulation, Risk Management
South Korea has made efforts to improve its safety record after several past accidents, many of which have been blamed on negligence. Each year dozens of workers are killed in industrial accidents, which prompted parliament to pass a law aimed at punishing the...
by AIP Online Bureau | Jun 24, 2024 | Indian News, Non-Life, Regulation
Anuj Tyagi, MD &CEO designate, HDFC ERGO General insurance Ritesh Kumar will join ERGO International from October 4, 2024 onwards and as the new deputy COO and will focus on the Asian growth markets, such as China, Thailand and Singapore Mumbai: Anuj Tyagi, 49,...
by AIP Online Bureau | Jun 23, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology
Amit Shah,Union Home Minister Shah also reviewed the preparations to deal with Glacial Lake Outburst Flood (GLOF) New Delhi: Emphasizing on optimum use of satellite imagery provided by the Indian Space Research Organization (ISRO) by various agencies for flood and...
by AIP Online Bureau | Jun 23, 2024 | Health, Indian News, Pension & Social Security
“The IOA is committed to taking athlete-centric steps, and one of these is providing medical insurance and pension for all our ex-Olympians,” IOA President and legendary athlete PT Usha said New Delhi: The Indian Olympic Association (IOA) is set to...
by AIP Online Bureau | Jun 23, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
One of the most compelling aspects highlighted in the report is AI’s role in combating financial fraud. AI-generated insights hold the key to preventing real-time payment scams, such as the pervasive Authorized Push Payment (APP) fraud Artificial intelligence...
by AIP Online Bureau | Jun 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
(LtoR)- Sanjay Malhotra, Revenue Secretary, Nirmala Sitharaman, Union Finance Minister and Pankaj Chaudhary, minister of state,Ministry of Finance, at a press meet on Saturday after the 53rd Goods and Services Tax (GST) Council meet in New Delhi Earlier, Indian...