by AIP Online Bureau | May 1, 2023 | Banking & Bancassurance, Facts, Technology
“About half (47 percent) of Indian adults have experienced or know someone who has experienced some kind of AI voice scam, which is almost double the global average (25 percent). 83 percent of Indian victims said they had a loss of money — with 48 percent losing...
by AIP Online Bureau | May 1, 2023 | Facts, Risk Management, Technology
The banking sector is the most vulnerable to such kind of identity fraud RESTON, VA: Artificial intelligence can be used to create increasingly realistic and convincing deepfakes, making it more difficult to distinguish between genuine and manipulated content. Fake...
by AIP Online Bureau | May 1, 2023 | International News, Non-Life, Reinsurance, Workplace/Employee Benefits
The seizure underscores continued tensions in a vital corridor for oil tankers. Hundreds sail through the Gulf of Oman each month, on their way to and from the Persian Gulf and some of the world’s biggest oil-exporting nations such as Saudi Arabia, Iraq and Kuwait...
by AIP Online Bureau | May 1, 2023 | Data, Eco/Invest/Demography, Non-Life
With a rapidly growing middle class and rising incomes, together with the right encouragement including lower airfares, many, including airline companies, are expecting India to become the fastest-growing aviation market for years to come Why India is fast emerging as...
by AIP Online Bureau | May 1, 2023 | Data, Eco/Invest/Demography, Technology
According to the estimates of the 803 companies surveyed globally for the report, employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 per cent...
by AIP Online Bureau | May 1, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Workplace/Employee Benefits
C-suite managers at companies with more than 1,000 employees will be held personally responsible if trajectories for emissions cuts don’t align with the objective of limiting global warming to 1.5C, according to the current text of the Corporate Sustainability Due...
by AIP Online Bureau | Apr 29, 2023 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy
Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...
by AIP Online Bureau | Apr 29, 2023 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance
“A glance at the region-wise correlation for the entire period during FY97-FY21 or any truncated period in between suggests that south peninsular India is more vulnerable to a shortfall in monsoon rains than any other region in terms of both – the area...
by AIP Online Bureau | Apr 29, 2023 | Health, Indian News, Non-Life
“Retail health insurance will remain our primary focus for the years ahead” Anand Roy, chief executive officer and managing director Chennai: Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The...
by AIP Online Bureau | Apr 28, 2023 | Indian News, Life
Siddhartha Mohanty,chairman, Life Insurance Corporation Siddhartha Mohanty, the senior most MD, will be chairman of the LIC till June 29 and after that will be designated as chief executive officer and managing director of the corporation till 7TH June 2025 New Delhi:...