by AIP Online Bureau | Apr 7, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“We aim to provide forecasts at the Panchayat or village level…tailoring weather information to sector-specific needs in agriculture, health, urban planning, hydrology, and environment,” India Meteorological Department Director General Mrutyunjay Mohapatra...
by AIP Online Bureau | Apr 7, 2024 | International News, Non-Life, Reinsurance, Risk Management
Virgin said its Boeing 787-9 had completed a flight and had no passengers aboard when its wingtip clipped a stationary British Airways jet while being towed from a stand at the airport’s Terminal 3 London: A Virgin Atlantic jet collided with another plane while...
by AIP Online Bureau | Apr 6, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
“With major elections taking place around the world this year, particularly in India, South Korea and the United States, we assess that China will, at a minimum, create and amplify AI-generated content to benefit its interests,” Clint Watts, General...
by AIP Online Bureau | Apr 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Reinsurance, Risk Management
The U.S. Securities and Exchange Commission’s first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. It aims to set standards for how companies communicate with investors about greenhouse gas...
by AIP Online Bureau | Apr 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Port of Baltimore ranks first in the United States for the volume it handles of autos and light trucks and farm and construction machinery, according to the state of Maryland. Most of that traffic has been suspended since the accident, though some terminal...
by AIP Online Bureau | Apr 6, 2024 | International News, Non-Life, Reinsurance
The transaction is part of Allianz’s new strategy to focus on large corporate and specialty businesses in the U.S. instead BERLIN: Allianz agreed to sell Fireman’s Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients,...
by AIP Online Bureau | Apr 5, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology
Reserve Bank of India deputy governor T Rabi Sankar said there are 46 lakh users and 4 lakh merchants transacting in CBDC right now, and added that as the acceptance of CBDC grows, there has been a growth in the P2M, or peer-to-merchant, transactions Mumbai: The...
by AIP Online Bureau | Apr 5, 2024 | Data, Eco/Invest/Demography, Health, Life, Non-Life
On average, at least one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals’ flagship Health of Nation Report on World Health Day 2024, said. Most common cancers in order...
by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
