by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Median home insurance premiums surged 28% to A$1,894 ($1,240) in the year to March 31, according to a report released Monday by the Actuaries Institute. Premiums in the highest-risk properties — such as those in flood or bushfire-prone areas — shot up 50%, it said...
by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Firing on a merchant vessel will ratchet up already acute concerns among shipowners, insurers and commodity traders about the potential dangers of getting ensnared in the Black Sea – the main route that both Ukraine and Russia use to get their agricultural produce to...
by AIP Online Bureau | Aug 15, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra addresses the nation from the ramparts of the Red Fort on the 77th Independence Day Government has plans to increase the number of ‘Jan Aushadhi Kendras’ from 10,000 to 25,000 India will become the third-largest economy in the next...
by AIP Online Bureau | Aug 14, 2023 | Breaking News!, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management
The decision by Judge Kathy Seeley in Helena marked a major victory in the first youth-led climate case to reach trial in the U.S. and could set an important precedent for similar cases nationwide Montana is violating the rights of young people with policies that...
by AIP Online Bureau | Aug 14, 2023 | Health, Indian News, Technology
Speaking about the outcomes from this workshop, CEO, NHA said – “This Accelerator Workshop was a first-of-its-kind focused initiative for ABDM adoption in the insurance sector. The large number of entities who got successfully integrated demonstrate the power of...
by AIP Online Bureau | Aug 14, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation
“Again, tragedy has befallen Himachal Pradesh, with continuous rainfall over the past 48 hours.More than 50 people had died in rain-related incidents within 24 hours,” the state’s chief minister, Sukhvinder Singh Sukhu, said Torrential rain in...
by AIP Online Bureau | Aug 14, 2023 | Data, Eco/Invest/Demography, Technology
According to a PwC report titled ‘Towards a smarter tomorrow: Impact of AI in the post-COVID era’ the industrial products and manufacturing sector has seen the maximum adoption of AI/ML (Artificial Intelligence/ Machine Learning) over the last two years....
by AIP Online Bureau | Aug 14, 2023 | Briefs, Life
The government has appointed R Doraiswamy, 56, executive director, (IT/SD), Life Insurance Corporation as managing director of the corporation in place of Ipe Mini , who will be retiring on 31st August. He will be retiring on 31st...
by AIP Online Bureau | Aug 14, 2023 | Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Reinsurance
Under the proposed changes, people who pay the 2 per cent surcharge would also no longer receive any rebate, which currently reduces premiums by about 8 per cent for people earning USD 108,001-USD 144,000 Sydney: Private health insurance in Australia is under review,...
by AIP Online Bureau | Aug 14, 2023 | Indian News, Life, Non-Life
“We are keen on taking insurance related initiatives to the masses through new age technologies like AI, ML and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas...