by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, International News, Technology
Legal services are the most vulnerable to ChatGPT-style software, according to a recent University of Pennsylvania study. The widely-accessible technology is particularly suited to time-consuming legal work, because of its ability to instantly analyze large documents,...
by AIP Online Bureau | Jul 5, 2023 | Data, Eco/Invest/Demography, Non-Life
About 10,000-12,000 people in Sri Lanka die annually due to accidents which have become the leading cause of death in the economically productive age group between 15 and 44 years of age, said Dr Samitha Sirithunga, Consultant Community Physician at the Department of...
by AIP Online Bureau | Jul 5, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography
The top ten states now account for 85 per cent of the outstanding portfolio and also include Uttar Pradesh, Karnataka, West Bengal, Maharashtra, Madhya Pradesh, Odisha, Rajasthan and Kerala The average exposure per borrower was also higher at Rs 27,200 in Bihar as...
by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
The preliminary year-to-date Guy Carpenter US Property Catastrophe Rate on Line Index, an alternative measure of price change that incorporates the impact of structural adjustments and current views of risk on actual dollars paid, increased 35 percent for January...
by AIP Online Bureau | Jul 5, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | Jul 5, 2023 | Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Reinsurance
As per this report, while the country’s North may face a heightened risk of water-related disasters, the South is likely to face drought. On the other hand, eastern China which is known as a key engine of economic growth, is likely to experience...
by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, Indian News, Technology
The Inter-operable Criminal Justice System (ICJS) is an initiative of the e-Committee of the Supreme Court meant to enable seamless transfer of data and information among different pillars of the criminal justice system, like courts, police, jails and forensic science...
by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Russia says the severing of the bank’s access to SWIFT is one of the obstacles facing its own exports of food and fertiliser, and that it cannot keep renewing the Black Sea deal unless those issues are addressed Russia on Tuesday restated a demand for its state...
by AIP Online Bureau | Jul 5, 2023 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
Dan Leahy, Associate Director, said: “Having navigated the early phases of development that often come with new, fast growing lines of business, the cost of cyber insurance is now more commensurate with loss costs following the recent correction. Whilst the first half...
by AIP Online Bureau | Jul 5, 2023 | International News, Non-Life, Reinsurance
Batteries can make up half of an EV’s cost and Thatcham found a replacement battery can cost more than the used price of the vehicle after only one year, making replacing them uneconomical LONDON: A lack of data on electric vehicle (EV) batteries continues to...
