by AIP Online Bureau | Nov 9, 2023 | Briefs, Reinsurance
State owned GIC Re has appointed Suresh Sindhi as appointed actuary (Life Reinsurance Business) & Key Management Person of the corporation in place of Vikash Kumar Sharma with effect from 9th November 2023. He has more than 20 years of varied experience in life...
by AIP Online Bureau | Nov 9, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Intermediaries, Non-Life, Risk Management
The growing inability to secure placements could put coal assets at risk of being stranded, resulting in severe socio-economic ramifications for Asia. The region’s energy security and resilience will therefore require adaptation and cooperation from power businesses...
by AIP Online Bureau | Nov 9, 2023 | International News, Risk Management, Technology
The new tool will allow parties to authenticate their videos and photos with so-called watermark credentials, Microsoft President Brad Smith said Microsoft Corp. is offering US politicians and campaign groups a tool aimed at helping fight the rise of deepfakes ahead...
by AIP Online Bureau | Nov 9, 2023 | International News, Risk Management, Technology
Meta, the world’s second-biggest platform for digital ads, said in a blog post it would require advertisers to disclose if their altered or created ads portray real people as doing or saying something that they did not, or if they digitally produce a...
by AIP Online Bureau | Nov 9, 2023 | Eco/Invest/Demography, International News
“We’ve asked ourselves how we could have the greatest impact,” Lloyd’s Chairman Bruce Carnegie-Brown told Reuters. “We can’t change the wrongs of the past, but we can make a difference today.” Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions...
by AIP Online Bureau | Nov 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
But new policies are likely to exclude Israel, Lebanon and countries neighboring Israel such as Egypt and Jordan, three sources told Reuters, standard practice after a war breaks out,Edel Ryan, a senior executive at broker Marsh. Some insurers are excluding Israel,...
by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“There is demand from long-term investors like insurance and pension funds. There has been a limited number of corporate bonds issuance in longer tenor in the last two quarters, so, this RIL issue comes at an opportune time,” said Badrish Kulhalli, head of...
by AIP Online Bureau | Nov 8, 2023 | Health, Indian News
The Bombay High Court on Monday passed interim directions for the Maharashtra government and municipal authorities in Mumbai and surrounding areas to mitigate the issue of worsening air pollution Mumbai: Air quality in Mumbai continued to remain in the...
by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
The Ministry of Ayush is working on the operationalisation of 12,500 Ayush Health and Wellness Centres (AHWCs) under NAM by 2023-24, the minister said New Delhi: Union Minister of State for Ayush Munjpara Mahendrabhai on Wednesday said the Centre is taking steps for...
by AIP Online Bureau | Nov 8, 2023 | Indian News, Non-Life
` Q2FY24 was one of the most challenging quarters for the company in recent times. The company suffered catastrophic losses on account of floods amounting to net of Rs 301 crore during the quarter. While a confluence of multiple events affected the results for...
