by AIP Online Bureau | Sep 14, 2023 | Articles, Policy, Regulation, Risk Management, Technology
Despite the benefits AI offers to both customers and insurers, however, there are concerns around privacy and the risk of potential discrimination, as well as the lag between the pace of development of AI technologies and corresponding regulatory frameworks, cautioned...
by AIP Online Bureau | Sep 14, 2023 | Indian News, Life
(L to R) M P Tangirala, additional secretary, Dept of Financial Services, Nirmala Sitharaman, Union Finance Minister, Siddhartha Mohanty, chairman, LIC, M Jagannath,MD, LIC The corporation had a total premium income of Rs 4,74,005 crore and a net profit of Rs...
by AIP Online Bureau | Sep 13, 2023 | International News, Life, Regulation
Wang Bin, ex-chairman of China Life Insurance Co., was found to have taken bribes worth 325 million yuan ($45 million) and hiding overseas deposits, China Central Television reported Tuesday, citing a court ruling Beijing: China sentenced the former head of the...
by AIP Online Bureau | Sep 13, 2023 | Health, International News, Life
Aviva Chief Executive Amanda Blanc said the transaction further simplifies the business and puts the company in a very strong position to build on its trading momentum in the UK, Ireland and Canada London: Aviva is quitting its Singlife joint venture, selling its...
by AIP Online Bureau | Sep 13, 2023 | Eco/Invest/Demography, International News, Risk Management
Allied Chief Executive Steve Jones told Reuters that while much of the fraud, counterfeiting and loss of intellectual property was driven by financial gain, some internal leaking of sensitive information was motivated by social causes LONDON: Almost half of security...
by AIP Online Bureau | Sep 13, 2023 | Data, Health
“IndiGo has also partnered with the Thales Group as an ‘early adopter’ of their Fatigue Analysis Tool (FAT). The airline will conduct a proof-of-concept trial for its technology-driven interface to assess pilot alertness levels over the next few...
by AIP Online Bureau | Sep 13, 2023 | Eco/Invest/Demography, Health, Indian News, Policy
”No person should be left behind and no village should be left behind i.e. 100 per cent people can avail health services. This goal will make our country successful in achieving the objective of Universal health coverage in true sense,” President Droupadi...
by AIP Online Bureau | Sep 13, 2023 | Indian News, Non-Life, Policy
The constitution bench is dealing with a legal question which reads: “Whether a person holding a driving licence in respect of ‘light motor vehicle’ could on the strength of that licence, be entitled to drive a ‘transport vehicle of light motor vehicle class’ having...
by AIP Online Bureau | Sep 13, 2023 | Indian News, Non-Life, Policy, Technology
The government last year proposed to implement the six airbags safety norm from October 2023 for enhanced safety of occupants New Delhi: The government will not make six airbags mandatory for cars, Union Road Transport and Highways Minister Nitin Gadkari said on...
by AIP Online Bureau | Sep 13, 2023 | Eco/Invest/Demography, Indian News, Policy
Amid a push for making India a hub for international arbitration, the government has set up an expert panel led by former law secretary T K Vishwanathan to recommend reforms in the Arbitration and Conciliation Act in order to reduce the burden on courts New Delhi: The...
