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Shareholders to take call on listing: Future Generali India MD

Shareholders to take call on listing: Future Generali India MD

by AIP Online Bureau | Jun 1, 2023 | Health, Indian News, Non-Life

India continues to be most attractive market for insurance players and premium for general insurance segment is expected to grow at 20 per cent in the next few years, said Anup Rau,Future Generali India Insurance(FGII) managing director Mumbai: Future Generali India...

83 pc Indians would delegate as much work as possible to AI: Microsoft report

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Facts, Technology

‘The next generation of AI will unlock a new wave of productivity growth, removing the drudgery from our jobs and freeing us to rediscover the joy of creation. The opportunity and responsibility for every organisation and leader is to get AI right —...

Canadian pension fund CDPQ puts brakes on China investment – FT

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, International News, Pension & Social Security, Wealth Management/ Philanthropy

The Financial Times in February reported that Singapore’s sovereign wealth fund GIC has reduced private investments in China Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and...

Aditya Birla Group to invest Rs 1,250 crore into its financial services arm

by AIP Online Bureau | Jun 1, 2023 | Indian News, Life

The board of Aditya Birla Capital Ltd (ABCL), which is into lending, asset management and insurance, on Thursday approved a preferential issuance of Rs 1,250 crore to its promoter and promoter group entity, according to a statement on Thursday Mumbai: Aditya Birla...

 June 1 Renewals: Property-catastrophe pricing up 33%, says Howden Tiger

by AIP Online Bureau | Jun 1, 2023 | Intermediaries, International News, Reinsurance

P&C reinsurance prices up an average 33% at 1 June (highest since early 90s), driven by financial market volatility, inflation, geopolitical tensions, recent weather losses and the Turkey earthquakeReinsurers are in a period of “heightened risk aversion” and stand...
IRDAI issues norms for deploying `Bima Vahaks’ to enhance insurance inclusion

IRDAI issues norms for deploying `Bima Vahaks’ to enhance insurance inclusion

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Regulation

There can be Corporate Bima Vahak, who are legal person registered in accordance with the respective laws of India and can be engaged by an insurer and Individual Bima Vahak, who can be individuals either appointed by an insurer or appointed by a Corporate Bima Vahak...
LIC,SBI among top 10 Indian brands in terms of value

LIC,SBI among top 10 Indian brands in terms of value

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Indian News

Tata Consultancy Services (TCS) topped the 2023 50 Most Valuable Indian Brands list with a brand value of Rs 1.09 lakh crore followed by RIL, Infosys, HDFC, JIO, airtel, LIC, Mahindra, SBI and ICICI, New Delhi: As per the latest report by Interbrand, financial...
Report identifies leaders, laggards in e-vehicle transition

Report identifies leaders, laggards in e-vehicle transition

by AIP Online Bureau | Jun 1, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

ICCT modeling indicates that nearly 100 per cent of new light-duty vehicles sold in leading markets in 2035 must have zero tailpipe emissions to put the transportation sector on a trajectory aligned with the goal of limiting global warming to below 2 degrees Celsius,...
Amazon fined $25 mn for violating children’s privacy law, deceiving parents

Amazon fined $25 mn for violating children’s privacy law, deceiving parents

by AIP Online Bureau | Jun 1, 2023 | International News, Policy, Regulation, Technology

“Amazon’s history of misleading parents, keeping children’s recordings indefinitely, and flouting parents’ deletion requests violated COPPA and sacrificed privacy for profits,” said Samuel Levine, Director of the FTC’s Bureau of...

Delhi to have AI-based traffic system by 2024-end Official

by AIP Online Bureau | May 31, 2023 | Indian News, Technology

Special Commissioner of Police (Traffic) Surender Singh Yadav said the government is putting a lot of emphasis on road safety due to the rising number of fatalities. “Around 2,300 crashes were reported in Delhi which accounted for 40 per cent pedestrian mishappenings....
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