by AIP Online Bureau | Aug 23, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than two-thirds of the insured losses were as a result of severe thunderstorms in the US. The 12-figure threshold is likely to be passed even though just $5 billion of the $40 billion in damages caused by the year’s most devastating event — the earthquake that...
by AIP Online Bureau | Aug 23, 2023 | Indian News, Non-Life, Policy, Risk Management, Technology
Under the new system, cars will be assigned a rating of one to five stars based on crash tests and other safety parameters, to help buyers make an informed decision and encourage car makers to upgrade their safety standards.The move is also expected to bring cars in...
by AIP Online Bureau | Aug 22, 2023 | Intermediaries, International News
“The addition of Honan’s highly complementary capabilities, particularly in corporate risk and strata insurance, will enable Marsh to deepen the specialist expertise we provide to clients across Australia and New Zealand,” Nick Harris, chief executive officer of...
by AIP Online Bureau | Aug 22, 2023 | Features, Health, Technology
“Designed with people at the center, digital technology can make health services more personal, prevent healthcare costs from increasing, reduce differences in care, and make the job easier for those who provide health services,” said Mamta Murthi, Vice President for...
by AIP Online Bureau | Aug 22, 2023 | Eco/Invest/Demography, International News, Technology
An explosion of interest in generative AI and its chatbot applications has sparked fears over job destruction, similar to those that emerged when the moving assembly line was introduced in the early 1900s and after mainframe computers in the 1950s. However, the study...
by AIP Online Bureau | Aug 22, 2023 | Briefs, Life, Technology
SBI Life Insurance launched its dedicated 24X7 inbound contact centre to address before and after purchase queries related to comprehensive insurance solutions provided by the company. The toll-free number is...
by AIP Online Bureau | Aug 22, 2023 | Data, Eco/Invest/Demography, Technology
Banking and insurance and healthcare were the particularly targeted sectors that were heavily affected as each website in this sector faced bot attacks. New Delhi: More than 947 million cyberattacks blocked in India, out of a global total of 1.1 billion in the second...
by AIP Online Bureau | Aug 22, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Non-Life
In ten climate hotspots from Guatemala to Afghanistan, acute hunger has more than doubled in six years, according to UK charity Oxfam. But cutting-edge satellite sensor technology could play a big role in slowing that down. Experts envision a future in which farmers...
by AIP Online Bureau | Aug 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The total assets of seven Members of Parliament (MPs) analysed from Telangana is Rs 5,596 crore, that of 11 MPs from Andhra Pradesh is Rs 3,823 crore, and 30 MPs analysed from Uttar Pradesh have total assets worth Rs 1,941 crore New Delhi: About 12 per cent of sitting...
by AIP Online Bureau | Aug 19, 2023 | International News, Risk Management, Technology
U.S. regulators are requiring immediate inspections and possible repairs to Pratt & Whitney engines on some Airbus passenger jets because of a manufacturing problem that could cause parts to wear out sooner than expected WASHINGTON: U.S. regulators are requiring...