by AIP Online Bureau | May 15, 2023 | Indian News, Non-Life, Reinsurance
Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, says: “ICRA expects the GDPI to expand by a healthy 13-15% to Rs. 2.73-2.78 trillion by FY2024 and further by 12-14% to Rs. 3.06-3.17 trillion by FY2025. Driven by the improving distribution...
by AIP Online Bureau | May 15, 2023 | Facts, Health, Non-Life, Pandemic
Obesity – and its association with several other conditions such as type 2 diabetes, high blood pressure and chronic kidney disease – leads to an increased risk of severe COVID COVID vaccines are very effective, but for some groups they don’t generate as strong an...
by AIP Online Bureau | May 15, 2023 | International News, Non-Life, Reinsurance, Technology
InsurGPT utilizes a deep corpus of insurance specific data and documents alongside systems and process knowledge to significantly improve the accuracy, speed, and validity of data extraction and inferencing, while reducing false-positives, ‘hallucinations,’ that...
by AIP Online Bureau | May 14, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 14, 2023 | Indian News, Life
”Our growth has advanced thanks to the adoption of technology and innovation, enabling more rural policy holders to complete their paperless statements,” company Managing Director Casparus J H Kromhout said Chennai: Shriram Life Insurance Company has...
by AIP Online Bureau | May 14, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life
Titon Mitra, the U.N. Development Program representative in Myanmar, tweeted: “Mocha has made landfall. 2m people at risk. Damage and losses are expected to be extensive. We are ready to respond and will need unhindered access to all affected communities.” DHAKA:...
by AIP Online Bureau | May 14, 2023 | Data, Eco/Invest/Demography, Non-Life, Technology
With the friendly government policies and new entrants arriving on the scene with cheaper EVs, the country is set to witness a plethora of options in the next 2-3 years New Delhi: As India, which is the fourth largest car market globally, charts a new course for...
by AIP Online Bureau | May 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Masatsugu Asakawa,President,Asian Development Bank ADB is intensifying efforts to deliver $100 billion in climate financing across Asia and the Pacific by 2030, while supporting a range of initiatives like the Innovative Finance Facility for Climate in Asia and the...
by AIP Online Bureau | May 14, 2023 | Indian News, Risk Management, Technology
”One of the common practices is that miscreants change IMEI number of stolen mobile phones which prevents tracking and blocking of such handsets. It was a national security issue. The CEIR will be able to block any cloned mobile phones on the network with the...
by AIP Online Bureau | May 14, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
Extreme weather hazards will occur more frequently due to climate change in the years ahead, the International Organization for Migration (IOM) warned “The linkages between climate change, migration, and displacement are increasingly pressing worldwide,”...