by AIP Online Bureau | Jan 7, 2024 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...
by AIP Online Bureau | Jan 7, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
by AIP Online Bureau | Jan 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management, Technology
After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology
Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of “secretly throttling” some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of...
by AIP Online Bureau | Jan 7, 2024 | Indian News, Life
The benefits paid on account of surrenders/withdrawals increased by 25.62 per cent to 1.98 trillion in 2022-23, of which public sector insurers accounted for 56.27 per cent New Delhi: Payout by life insurance companies declined by about Rs 6,000 crore during 2022-23...
by AIP Online Bureau | Jan 7, 2024 | Data, Eco/Invest/Demography, Policy, Technology, Wealth Management/ Philanthropy, Workplace/Employee Benefits
Delhi has the highest minimum wages in the country — Rs 17,494 for unskilled, Rs 19,279 for semi-skilled, and Rs 21,215 for skilled workers — and the government increases these wages every six months, the statement said. Delhi’s per capita income...
by AIP Online Bureau | Jan 7, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
This came following a massive investment of Rs 66,134 crore in December and Rs 9,000 crore in November. Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven...
by AIP Online Bureau | Jan 7, 2024 | Eco/Invest/Demography, Features, Health, Workplace/Employee Benefits
Some are things you can do in your daily life, such as exercise, hobbies and activities, and getting adequate sleep. Other facets might take more time to develop, such as nourishing supportive relationships, building skills for tolerating distress and regulating...
by AIP Online Bureau | Jan 7, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology
Kenneth SaldanhaSenior Managing Director – Global Insurance Lead, Accenture In 2024, we will see excitement about the possibilities of GenAI give way to growing demand for material economic impact from AI/GenAI solutions As we look ahead to 2024, while we see many...
by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology
The Federal Aviation Administration(FAA) on Saturday ordered certain Max 9 aircraft grounded temporarily for inspections prior to returning to flight. The move, affecting 171 aircraft worldwide, followed decisions by Alaska Air and United Airlines Holdings Inc., the...
