by AIP Online Bureau | Nov 10, 2023 | Indian News, Life
`We are conscious of the market dynamics in certain parts of our business and are working towards profit-oriented consolidation. The distribution mix is also more diversified with increase in share of Bancassurance and Alternate Channels. We continue to remain focused...
by AIP Online Bureau | Nov 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Gold prices are in favour of business. We are positive about good sales today. We are receiving positive response from consumers and footfalls are gradually increasing,” said All India Gem And Jewellery Domestic Council (GJC) Director Dinesh Jain With...
by AIP Online Bureau | Nov 10, 2023 | Eco/Invest/Demography, International News, Risk Management
In its 2023-24 winter outlook, the regulatory authority warned that prolonged, wide-area cold snaps threaten the reliability of bulk power generation and availability of fuel supplies for natural gas-fired generation More than half of the U.S. and parts of Canada,...
by AIP Online Bureau | Nov 10, 2023 | International News, Risk Management, Technology
The cars are being recalled because the collision detection subsystem of the Cruise Automated Driving Systems (ADS) software may respond improperly after a crash, according to a notice made public by the National Highway Traffic Safety Administration (NHTSA) Wednesday...
by AIP Online Bureau | Nov 10, 2023 | International News, Risk Management
Kia said in a regulatory filing it had stopped production at three main assembly plants at its Gwangju complex, except for bus and military-related product manufacturing. The company said the timing for a resumption had not been determined yet SEOUL: Automaker Kia...
by AIP Online Bureau | Nov 9, 2023 | Indian News, Non-Life, Reinsurance
“Having had significant degrowth in last few quarters, we believe that we are at a point where growth with profitability should drive our business strategy” N Ramaswamy, CMD GIC Re Though, GIC Re’s underwriting losses have risen by 60 per cent y-o-y to Rs...
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...
