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Meta, OpenAI sued by Sarah Silverman sues over copyright

by AIP Online Bureau | Jul 11, 2023 | International News, Risk Management, Technology

The lawsuits underscore the legal risks developers of chat bots face when using troves of copyrighted material to create apps that deliver realistic responses to user prompts Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against...

London is falling down and it’s because of climate change

by AIP Online Bureau | Jul 11, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

That phenomenon — known as subsidence — has become worse in the UK after last year’s drought and a deadly heat wave that pushed temperatures past 40C (104F) in July 2022 to record levels The damage has triggered the highest insurance payout in almost two decades, with...

Robots say they won’t steal jobs, rebel against humans

by AIP Online Bureau | Jul 11, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

In the world’s first human-robot press conference, they gave mixed responses on whether they should submit to stricter regulation The nine humanoid robots gathered at the ‘AI for Good’ conference in Geneva, where organizers are seeking to make the case for artificial...

Max Life partners with DCB Bank to offer life solutions

by AIP Online Bureau | Jul 11, 2023 | Banking & Bancassurance, Briefs, Life

Max Life Insurance Company Ltd. has announced its partnership with DCB Bank for providing a variety of life insurance products to the bank’s customers, including term, savings, and retirement plans, allowing them to protect their financialfuture and expand their...

Edelweiss Tokio Life Insurance launches term plan

by AIP Online Bureau | Jul 11, 2023 | Briefs, Life

Edelweiss Tokio Life Insurance has launched Zindagi Protect, a term insurance plan that offering three optional benefits – child’s future protect benefit, better half benefit, and premium break benefit. Subhrajit Mukhopadhyay, executive director, Edelweiss Tokio Life...

Inflow in equity mutual funds hit 3-month high at Rs 8,637 cr in June on NFO push

by AIP Online Bureau | Jul 11, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

In comparison, equity mutual funds logged an inflow of Rs 3,240 crore in May and Rs 6,480 crore in April. Before that, the number was Rs 20,534 crore in March, data released by the Association of Mutual Funds in India (Amfi) showed on Monday Mumbai: Strong inflow in...
Allianz ropes in AIG’s Christian Sandric as commercial managing director Asia

Allianz ropes in AIG’s Christian Sandric as commercial managing director Asia

by AIP Online Bureau | Jul 10, 2023 | International News, Non-Life, Reinsurance

Christian Sandric In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced...
India to be the 6th largest insurance market by 2032, life market more promising than non-life: Swiss Re report

India to be the 6th largest insurance market by 2032, life market more promising than non-life: Swiss Re report

by AIP Online Bureau | Jul 10, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India’s life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in...

Rain fury: Situation grim in Punjab’s Patiala, Rajpura thermal power plant shut down

by AIP Online Bureau | Jul 10, 2023 | Disaster & Management, Indian News, Non-Life

Floodwaters entered the premises of the Rajpura Thermal Power Plant here, leading to the shutdown of one of its 700 MW units, they said Patiala: Punjab’s Patiala district was reeling under a flood-like situation following heavy monsoon rainfall, with authorities...

by AIP Online Bureau | Jul 9, 2023 | Workplace/Employee Benefits

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