by AIP Online Bureau | Oct 30, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Indian News
Moreover, automated weather and rain gauge stations will be set up in every panchayat and the World Bank will provide financial assistance for 3,000 panchayats in this regard, the Chief Secretary said Bhubaneswar: Odisha to spend Rs 2000 Crores for disaster resilient...
by AIP Online Bureau | Oct 30, 2023 | Eco/Invest/Demography, Policy, Regulation, Technology
The lengthy executive order, released on Monday, sets new standards on security and privacy protections for AI, with far-reaching impacts on companies. Developers such as Microsoft Corp., Amazon.com Inc and Alphabet Inc.’s Google will be directed to put powerful AI...
by AIP Online Bureau | Oct 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Technology
Founded in 2015 in Shenzhen, Shouhui Tech offers full service in insurance from online consulting to purchasing and compensation, according to its its website. It acquired an internet hospital license in 2022 which allows it to offer online medical services. Shenzhen...
by AIP Online Bureau | Oct 30, 2023 | Health, Indian News, Non-Life
Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...
by AIP Online Bureau | Oct 29, 2023 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
Of the total FPI AUM of around $ 652 billion financial services account for $213 billion and IT accounts for $ 64 billion. It is important to note that stock prices in these segments are weak due to FPI selling and not due to any fundamental factors New Delhi: In the...
by AIP Online Bureau | Oct 29, 2023 | Eco/Invest/Demography, Policy
The rate of unemployment in the country has come down to 3.7 per cent in 2022-23 from 6 per cent in 2017-18, Union Education Minister Dharmendra Pradhan said Bhubaneswar: The participation of women in the country’s workforce increased to 37 per cent in the 2022-23...
by AIP Online Bureau | Oct 29, 2023 | International News, Non-Life, Reinsurance, Risk Management
Pei Ru Chiew, head,Crisis Management, Commercial P&C Insurance in Asia Pacific, Sompo International “As Sompo International continues to pursue its global objectives, a top priority includes deepening our relationships in APAC. We are seeing growing demand for...
by AIP Online Bureau | Oct 29, 2023 | Briefs, Life
Future Generali India Insurance Company (FGII) has appointed Akshaya Kashyap as its chief People Officer of the organisation, effective October 1, 2023. He has a rich and diverse experience in the Human Resource (HR) domain, spanning over 18 years, with almost a...
by AIP Online Bureau | Oct 29, 2023 | Intermediaries, Non-Life
Mahindra Insurance Brokers Limited(MIBL) registered income at Rs289 crore in Q2FY24, as against Rs 94 crore during the corresponding quarter last year, a growth of 208% over the same period previous year. The profit after tax (PAT) during Q2FY 2023-24 , registered was...
by AIP Online Bureau | Oct 29, 2023 | Data, Indian News, Non-Life, Regulation, Risk Management
Consumer Affairs Secretary Rohit Kumar Singh mentioned that the National Consumer Helpline has received about 10,000 complaints related to the airline sector in the last year. The report states further that the maximum number of complaints were received by Indigo (61)...