by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza London: London’s marine insurance market has widened the area in the Red Sea it deems as high...
by AIP Online Bureau | Dec 18, 2023 | Indian News, Life, Technology
Kellton takes the helm in LIC’s digital revolution by spearheading the implementation of state-of-the-art HR tech across an extensive network of more than 4,000 locations Gurgaon: Kellton, a global tech services player, has secured a groundbreaking multi-year...
by AIP Online Bureau | Dec 18, 2023 | Data, Eco/Invest/Demography, Risk Management, Technology
The two primary challenges faced by organisations currently are skills-gap (52 per cent) and the availability of unclear use cases (47 per cent), while only 36 per cent organisations see data privacy as the risk of Gen AI Generative artificial intelligence (Gen AI)...
by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
Going by the earlier plans, Bima Sugam, built with a budget of Rs 200 crore,will be a centralised marketplace and a one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, insurance advice and grievance redressal New...
by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Technology
Siddhartha Mohanty,Chairman,LIC ”The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural share will also go up to our total business kitty.’Customers need not come to the office. Sitting at home on his mobile...
by AIP Online Bureau | Dec 17, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23 It was followed by Tata Consultancy Services (Rs 6,77,400 crore wealth...
by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Going forward, as the general elections approach next year, political stability and economic growth will become focal points for foreign investors. Besides, global cues on the inflation and interest rate scenario would dictate the flow of foreign money into Indian...
by AIP Online Bureau | Dec 17, 2023 | International News, Risk Management, Technology
The lawsuit claimed that Google’s recent advances in AI-based search were implemented with “the goal of discouraging end-users from visiting the websites of Class members who are part of the digital news and publishing line of commerce.” A US-based...
by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy, Wealth Management/ Philanthropy
The government is committed to saving money for urban families, be it exemption in income tax or low-cost treatment. The inclusion of crores of urban poor in the Ayushman Bharat initiative has helped them save Rs 1 lakh crore on medical expenses. Medicines were made...
by AIP Online Bureau | Dec 16, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Wealth Management/ Philanthropy
“We will start the process of aging at some point around that time, which leads to the alarming question if we don’t grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that...
