by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, International News, Regulation
Tesla said in a recall filing that Autopilot’s software system controls “may not be sufficient to prevent driver misuse” and could increase the risk of a crash. Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced...
by AIP Online Bureau | Dec 13, 2023 | International News, Non-Life, Reinsurance, Risk Management
War risk premiums have risen this week to between 0.1%-0.15% to 0.2% of the value of a ship, from 0.07% last week, according to market estimates on Tuesday. While various discounts would be applied, this still translates into tens of thousands of dollars of additional...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
Hedge funds making use of algorithms to catch market trends, or commodity trading advisers saw $13.1 billion of net cash inflows, Preqin said. Niche strategies, which make up 2% of the industry (by assets), saw a net $11 billion in inflows during the same time frame,...
by AIP Online Bureau | Dec 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
The researchers describe this worst-case scenario in terms of governments moving late, or unexpectedly, to impose taxes on carbon emissions. Those abrupt moves would drive an inflation-fueling price shock that would see interest rates rise, impacting the net-asset...
by AIP Online Bureau | Dec 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy, Risk Management
“It is the first time that the world unites around such a clear text on the need to transition away from fossil fuels,” said Norway Minister of Foreign Affairs Espen Barth Eide Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
Epic Games will now have a chance to submit a court filing on how it wants Google’s Play Store to be fixed — potentially putting at risk what Wells Fargo estimates is $10 billion in annual revenue from app sales and in-app purchases for the tech giant Google’s...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Earlier this month, Sebi Chairperson Madhabi Puri Buch said the regulator is working with mutual funds to make SIPs of Rs 250 viable for the general public, leading to increased investments Investors are placing significant bets on systematic investment plans, or...
by AIP Online Bureau | Dec 13, 2023 | Data, Eco/Invest/Demography, Non-Life, Policy, Risk Management
Nine in 10 deaths occurred in low and middle-income countries, and fatalities in these countries are disproportionately higher when set against the number of vehicles and roads they have New Delhi: Thirty-five more countries made notable progress, reducing the deaths...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Health, Indian News
According to the National Medical Commission (NMC), there are 13,08,009 allopathic doctors registered with the State Medical Councils and the National Medical Commission (NMC) as on June, 2022, Pravin Pawar said in a written reply New Delhi: India’s...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Features, Non-Life, Reinsurance, Risk Management
Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated, and ESG claims are here to stay and proving challenging. D&Os need to be prepared for these headwinds and have a strategy that can adapt when presented with a block to the...
