by AIP Online Bureau | Apr 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”SIP inflows for FY23 stood at Rs 1.56 lakh crore, a growth of 25.2 per cent on a year-on-year basis, with the highest-ever inflow in March at Rs 14,276 crore. With benchmark indices remaining volatile and flat for the year, investors choose mutual funds as the...
by AIP Online Bureau | Apr 19, 2023 | Disaster & Management, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Public and private insurance entities covered at least an estimated $22B of that total, resulting in a 72% or $55B protection gap, the portion of the economic loss not covered by insurance The February earthquake sequence in Turkey and Syria accounted for an estimated...
by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, Health, Indian News, Policy
The latest UNFPA report stated that in India 25 per cent of the population constitutes children aged 0-14, 18 per cent are those aged 10-19 years, 26 per cent belong to the 10-24 age group. About 68 per cent are in the 15-64 age category, while those above 65 are just...
by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
A majority of India’s 1.4 billion population work outdoors, often without protection. Many construction workers, hawkers and rickshaw pullers die each year during the summer as they don’t have the means to beat the heat. India suffers from the most pronounced...
by AIP Online Bureau | Apr 19, 2023 | Health, Indian News, Non-Life, Technology
The current health insurance claims settlement process in the country is mostly manual, non-digital and laborious in nature posing challenges at every stage. The current process of exchanging claims lacks standardization across the ecosystem with most data exchange...
by AIP Online Bureau | Apr 19, 2023 | Facts, Non-Life, Reinsurance, Technology
More than a third (38 per cent) of respondents in India (37 per cent globally) have experienced a data breach in the past 12 months, including 23 per cent (22 per cent globally) reporting that their organisation had been a victim of a ransomware attack Respondents...
by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The country produces about 80% of fine chemicals for electronics and dominates the global supply of photoresist, a light-sensitive material that’s used in making semiconductor chips, according to Ulrike Schaede, professor of Japanese Business at the School of Global...
by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News
The demographic data from the United Nations Population Fund’s (UNFPA) “State of World Population Report, 2023” estimates India’s population at 1,428.6 million or 1.4286 billion against 1.4257 billion for China India is on its way to become the world’s most populous...
by AIP Online Bureau | Apr 19, 2023 | International News, Technology
The move came even after Musk and a group of artificial intelligence experts and industry executives called for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, citing potential risks to society SAN FRANCISCO: Billionaire Elon...
by AIP Online Bureau | Apr 19, 2023 | International News, Policy, Technology
The government, which filed the ad tech lawsuit in January along with eight states, had argued that Google should be forced to sell its ad manager suite because it illegally abused its dominance of online advertising The Justice Department’s ad tech lawsuit followed a...
