by AIP Online Bureau | Dec 11, 2023 | Data, Technology
New Delhi: Generative AI (GenAI) startups raised $10 billion in venture capital globally in 2023, a huge 110 per cent rise compared to 2021, a new report showed on Monday. Startup funding has been subdued in 2023 with $224 billion in total venture capital funding (as...
by AIP Online Bureau | Dec 11, 2023 | Intermediaries, International News, Non-Life, Reinsurance
“This further investment in Miller is consistent with GIC’s strategy of developing long-term relationships with our portfolio companies and targeting the highest quality businesses. The defensive nature and strong market dynamics of the (re)insurance market,...
by AIP Online Bureau | Dec 11, 2023 | Workplace/Employee Benefits
“This further investment in Miller is consistent with GIC’s strategy of developing long-term relationships with our portfolio companies and targeting the highest quality businesses. The defensive nature and strong market dynamics of the (re)insurance market,...
by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
“From these regions, we see increased awareness of risk and strong demand from companies for more sophisticated risk transfer solutions, driven by data insights and created with specialty expertise” Singapore: WTW, a leading global advisory, broking and...
by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Health, International News
The deal talks ended due to the parties not being able to agree on price, two sources familiar with the situation said. There remains the possibility of a tie-up in the future, those sources said. Cigna, however, on Sunday announced plans to do an additional $10...
by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...
by AIP Online Bureau | Dec 10, 2023 | Indian News, Non-Life
The PSU general insurance companies are board governed commercial entities operating in a competitive and regulated market. This entities are empowered to take appropriate decision in such a matter in compliance with regulatory framework and guidelines, said Bhagwat...
by AIP Online Bureau | Dec 10, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Preliminary estimate of 5th December devastation out of Cyclone Michaung in Tamil Nadu indicate the economic losses of around Rs 12,000 crore for the state and insured losses limited between Rs 1,500 crore to Rs 2000 crore Chennai: With all its fury and...
by AIP Online Bureau | Dec 10, 2023 | Data, Risk Management, Technology
The company highlighted features like Apple Podcasts support, rear-screen Bluetooth headset support, an updated version of the park assistance with 3D visuals, and new blind spot indicators San Francisco: Elon Musk-run Tesla has announced a number of new updates,...
by AIP Online Bureau | Dec 10, 2023 | Health, Indian News, Risk Management
Recently, Union Road Transport Minister Nitin Gadkari said that truck drivers play a key role in the transport sector, one of the most important areas for India, and there is a need to address issues regarding their working conditions and state of mind New Delhi: All...
