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IRDA hosts 2-day international event on “Insurance and Retirement savings in Asia”

by AIP Online Bureau | May 24, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation

Some of the prominent speakers at the international conference include Debasish Panda, chiarman, IRDAI, Prof Yoshihiro Kawai, chair of the OECD Insurance and Private Pensions Committee, Pablo Antolin, head, insurance and Pensions Unit, Directorate for Financial and...
Market value of LIC investment in Adani stocks hits Rs 44,670 cr

Market value of LIC investment in Adani stocks hits Rs 44,670 cr

by AIP Online Bureau | May 24, 2023 | Health, Indian News, Life

The country’s largest insurer and leading institutional investor in the Adani group has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock exchange data showed Mumbai: Market value of investments made by...

Over 800 million people globally may suffer back pain by 2050: Lancet study

by AIP Online Bureau | May 24, 2023 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits

Low back pain will be the leading cause of disability in the world. If right action is not taken, low back pain can also become a precursor to chronic health conditions such as diabetes, cardiovascular disease and mental health conditions, invasive medical procedures,...

MRI scans and AI technology really could read what we’re thinking. The implications are terrifying

by AIP Online Bureau | May 24, 2023 | Facts, Technology

Breakthrough allowed researchers at the University of Texas at Austin to “read” someone’s thoughts as a continuous flow of text, based on what they were listening to, imagining or watching It raises significant concerns for privacy, freedom of thought, and even the...

by AIP Online Bureau | May 24, 2023 | Workplace/Employee Benefits

by AIP Online Bureau | May 24, 2023 | Workplace/Employee Benefits

Irdai to hold open house for insurtech, fintech on 15th of every month

Irdai to hold open house for insurtech, fintech on 15th of every month

by AIP Online Bureau | May 24, 2023 | Indian News, Life, Non-Life, Regulation

“It is expected that the solutions/ideas would help in increasing the insurance penetration in the country,” the Insurance Regulatory and Development Authority of India (Irdai) said in a statement Hyderabad: Regulator Irdai will hold an open house for the...
Munich Re launches Next Gen AI-augmented underwriting solution

Munich Re launches Next Gen AI-augmented underwriting solution

by AIP Online Bureau | May 24, 2023 | International News, Life, Reinsurance, Technology

Munich Re also offers reinsurance on policies underwritten by these AI models as an optional service, providing insurers alignment of interest and peace of mind. To further support insurers, Munich Re can also finance the solution through reinsurance, mitigating any...

India’s GDP crossed $3.5 trillion in 2022:Moody’s

by AIP Online Bureau | May 24, 2023 | Eco/Invest/Demography, Indian News

If implemented effectively, measures undertaken over the last few years – including those introduced during the pandemic to increase the flexibility of labour laws, raise agricultural sector efficiency, expand investment in infrastructure, incentivize manufacturing...

Kangra Cooperative Bank’s account with RBI loses Rs 7.79 crore in cyber fraud case

by AIP Online Bureau | May 24, 2023 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

The fraud took place in three separate transactions on as many consecutive days, the first being on April 19, 2023 Since the bank is financially supervised by the RBI and the current account which has been subjected to fraud is also with the regulator itself, the...
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