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Tesla wins key car crash trial involving Autopilot

Tesla wins key car crash trial involving Autopilot

by AIP Online Bureau | Apr 22, 2023 | International News, Risk Management, Technology

Justine Hsu, a resident of Los Angeles, sued the electric-vehicle maker in 2020, saying her Tesla Model S swerved into a curb while it was on Autopilot and then an airbag was deployed “so violently it fractured Plaintiff’s jaw, knocked out teeth, and...
CBI asks ex-J&K governor Satya Pal Malik to answer queries related to insurance ‘scam’

CBI asks ex-J&K governor Satya Pal Malik to answer queries related to insurance ‘scam’

by AIP Online Bureau | Apr 21, 2023 | Health, Indian News, Intermediaries, Non-Life

Satya Pal Malik,former Governor, Jammu and Kashmir Unknown officials of the finance department of the government of Jammu and Kashmir, by abusing their official positions in a conspiracy and connivance with Trinity Reinsurance Brokers Limited, Reliance General...

Ultra-high net worth individuals put 6 pc of investable wealth in gold last year: Knight Frank

by AIP Online Bureau | Apr 21, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Gold has delivered a stellar returns of over 69 per cent in the past 5 years (From FY2019 to FY2023). The pandemic has resulted in a low interest rate, and easy liquidity strategy adopted by the global central banks gave a massive push to the prices, the consultant...
SBI Gen’s net profit jumps 40% to Rs184 cr in FY23

SBI Gen’s net profit jumps 40% to Rs184 cr in FY23

by AIP Online Bureau | Apr 21, 2023 | Banking & Bancassurance, Indian News, Non-Life

Kishore Kumar Poludasu, MD & CEO, SBI General Insurance, said, “SBI General has continued to grow steadily in FY 22-23, and has achieved a milestone of being one of the early companies to...
Demographic Dividend: India races to get rich before it gets old as population surpasses China’s

Demographic Dividend: India races to get rich before it gets old as population surpasses China’s

by AIP Online Bureau | Apr 21, 2023 | Articles, Eco/Invest/Demography, Wealth Management/ Philanthropy

Health care is just one illustrative pressure point. Today, India has about five hospital beds per 10,000 people. The ratio in China is about eight times that, and analysts say India will take decades just to reach the level where China currently stands A fleeting...

Alcohol abuse major cause of increase in liver disorders in India, say experts

by AIP Online Bureau | Apr 21, 2023 | Facts, Health

Dr S K Sarin, Professor and Chancellor, ILBS pointed out, “Almost half of the patients who come to us with liver disorders are those who have alcohol addiction.” Alcohol abuse is the major cause of increase in liver disorders in the country, experts pointed out at the...
WHO launches Health Inequality Data Repository

WHO launches Health Inequality Data Repository

by AIP Online Bureau | Apr 21, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Risk Management

The Health Inequality Data Repository (HIDR) includes nearly 11 million data points and consists of 59 datasets from over 15 sources. The data include measurements of over 2000 indicators broken down by 22 dimensions of inequality, including demographic, socioeconomic...

Australia’s Optus hit with class action over cybersecurity breach

by AIP Online Bureau | Apr 21, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The class action members want compensation for the time and money required to replace identity documents and for distress, frustration and disappointment caused by the breach. The release did not specify an amount. Claimants include a stalking victim who fears her...
SCOR’s premium rise 5% to EUR 928 million in Apr 1 renewals

SCOR’s premium rise 5% to EUR 928 million in Apr 1 renewals

by AIP Online Bureau | Apr 20, 2023 | International News, Non-Life, Reinsurance

Jean-Paul Conoscente, CEO of SCOR P&C The main rate increases were achieved on non-proportional treaties (+23%), in line with the trends observed during the January 1, 2023 renewals (+24%), with notably average rate on line increases on CAT XL programs of 20% in...
Kshema General Insurance appoints Vyasa Krishna Burugupalli as its MD & CEO, to focus on Agriculture & Food Sectors

Kshema General Insurance appoints Vyasa Krishna Burugupalli as its MD & CEO, to focus on Agriculture & Food Sectors

by AIP Online Bureau | Apr 20, 2023 | Indian News, Non-Life, Reinsurance

Vyasa Krishna Burugupalli, MD &CEO, Kshema General Insurance Company Hyderabad: Kickstarting its operations, Kshema General Insurance Company, the country’s newest general insurance company with an exclusive focus on agriculture, has appointed Vyasa Krishna...
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