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Bajaj Allianz Life Small Cap Quality Index Fund launched

by AIP Online Bureau | Mar 5, 2024 | Briefs, Life, Wealth Management/ Philanthropy

Bajaj Allianz Life, one of the leading private life insurers has launched the Bajaj Allianz Life Small Cap Quality Index Fund NFO which aims to leverage the growth opportunities in Small Cap Equities. The fund objective is to provide investors capital appreciation by...

Malayan Insurance enhances Natural Catastrophe Analytics with Moody’s RMS Risk Modeler

by AIP Online Bureau | Mar 5, 2024 | Eco/Invest/Demography, International News, Reinsurance, Technology

Andrew Hare, managing director, APAC, Moody’s RMS, said: “We are delighted to partner with Malayan Insurance as they adopt Risk Modeler. In navigating the complexities of a rapidly evolving market, (re)insurers require deep insights that offer faster analytics, deeper...
European regulators crack down on Big Tech

European regulators crack down on Big Tech

by AIP Online Bureau | Mar 4, 2024 | International News, Policy, Regulation, Risk Management, Technology

The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. The law, called the Digital Markets Act, requires the biggest tech companies to overhaul how some of...
Apple fined nearly USD 2 billion by the European Union over music streaming competition

Apple fined nearly USD 2 billion by the European Union over music streaming competition

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Apple banned app developers from ”fully informing iOS users about alternative and cheaper music subscription services outside of the app”, said the European Commission, the 27-nation bloc’s executive arm and top antitrust enforcer The European Union...
US FAA says Boeing 737 MAX production audit found compliance issues

US FAA says Boeing 737 MAX production audit found compliance issues

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, International News, Risk Management

The audit was prompted by a Jan. 5 mid-air emergency involving a new Alaska Airlines 737 MAX 9 that lost a door plug at 16,000 feet (4,877 meters). The FAA previously barred Boeing from expanding 737 production The Federal Aviation Administration on Monday said the...

India’s wheat, rapeseed ravaged by rain just before harvesting

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks,” said Mukesh Kumar, a farmer from Uttar Pradesh, the country’s largest producer of the grain...
War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship

War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship

by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management

Insurance industry sources said that war risk premiums being quoted for Red Sea voyages had remained around 1% of the value of a ship for some weeks – compared with around 0.5% before the attacks started – with various discounts applied by underwriters The cost of war...
Govt launches Chakshu to report fraud calls, phone number leaks by firms

Govt launches Chakshu to report fraud calls, phone number leaks by firms

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
IAEA launches body composition database to combat worldwide obesity challenges

IAEA launches body composition database to combat worldwide obesity challenges

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Health, International News

According to the World Health Organization (WHO), worldwide obesity has nearly tripled since 1975. Around 800 million adults worldwide are living with obesity and the number of children living with obesity is expected to reach 250 million by 2030 Obesity is now rising...
AI advisory applicable on big platforms, not on start-ups: MoS IT Chandrasekhar

AI advisory applicable on big platforms, not on start-ups: MoS IT Chandrasekhar

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

”Advisory is aimed at the significant platforms and permission seeking from Meity is only for large platforms and will not apply to startups. Advisory is aimed at untested AI platforms from deploying on the Indian Internet,” Minister of State for...
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