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Domestic passenger vehicle sales rise 11% in Feb: SIAM

Domestic passenger vehicle sales rise 11% in Feb: SIAM

by AIP Online Bureau | Mar 12, 2024 | Data, Eco/Invest/Demography, Non-Life

“Passenger vehicles, two-wheelers, and three-wheelers have posted growth in February 2024 compared to the previous year, while commercial vehicles have witnessed a slight de-growth,” Society of Indian Automobile Manufacturers (SIAM) President Vinod...
India more prepared than ever to face any future pandemic: Experts

India more prepared than ever to face any future pandemic: Experts

by AIP Online Bureau | Mar 12, 2024 | Disaster & Management, Eco/Invest/Demography, Features, Health

“The health system has been ramped up to face similar outbreaks in the future, including speedy communication systems, chain of command, custom facilities and effective implementation of non-pharma interventions based on a continuing risk assessment,”...

Complaints under RBI’s ombudsman schemes rise 68 pc to over 7 lakh crore in 2022-23

by AIP Online Bureau | Mar 12, 2024 | Banking & Bancassurance, Indian News, Regulation

Complaints relating to mobile/electronic banking were the highest contributor to the total number of complaints received against banks as well as non-bank payment system participants, while complaints relating to non-adherence to fair practices code were the highest...

Temperature rise in India due to climate change poses health risks to pregnant women: study

by AIP Online Bureau | Mar 12, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Health, Risk Management

While acknowledging gender as a driver of vulnerability, the study found that most State Action Plans for Climate Change (SAPCC) in India inadequately address these gendered impacts New Delhi: Temperature rise in India due to climate change poses serious health risks...
SCOR overhauls its regional and business structure

SCOR overhauls its regional and business structure

by AIP Online Bureau | Mar 11, 2024 | International News, Life, Non-Life, Reinsurance

The structures within Property & Casualty (P&C) and Life & Health (L&H) are being simplified to achieve more immediate client access and decision-making   Paris: French major SCOR is restructuring its business processes to become a simpler and...
Will have sovereign AI models designed, built in India: Union Minister Rajiv Chandrasekhar

Will have sovereign AI models designed, built in India: Union Minister Rajiv Chandrasekhar

by AIP Online Bureau | Mar 11, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Rajeev Chandrasekhar,Minister of State for Electronics and Information Technology “We have passed the data protection law, and therefore for Artificial Intelligence, data sets are the raw material and therefore there will be a data collection platform...

EU must prepare for ‘catastrophic’ climate change risks, agency says

by AIP Online Bureau | Mar 11, 2024 | Climate, Environment, Renewable Energy, Health, International News, Non-Life, Reinsurance, Risk Management

Without more urgent action, the EEA said most of the 36 climate risks facing Europe could hit “critical or catastrophic levels” this century. They include risks to health, crop production and infrastructure BRUSSELS: Countries across Europe should prepare...
Deepfakes can help sway public opinion, discredit people or politicians: Experts

Deepfakes can help sway public opinion, discredit people or politicians: Experts

by AIP Online Bureau | Mar 11, 2024 | Features, Risk Management, Technology

“Deepfakes pose a significant threat to democracy, as they are frequently weaponised to manipulate opinions, influence stock prices, and create misinformation,” Harish Kumar GS, Head of Sales, India and SAARC, Check Point Software Technologies, told IANS....

Generali and UNDP build SME resilience in Asia

by AIP Online Bureau | Mar 11, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

A joint research report by Generali and the UNDP report finds that SME growth and survival in Asia are threatened by a range of risks, including climate change, business interruptions, and limited access to capital markets. These risks are intensified by the lack of...

RK Sinha given additional charge of member, Distribution at IRDAI

by AIP Online Bureau | Mar 11, 2024 | Briefs, Intermediaries, Regulation

Rajay K Sinha, member, Finance, IRDAI, has been given additional charge of Distribution portfolio after SN Rajeswari retired from the post at Hyderabad based insurance regulator. The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by cabinet...
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