Risk Management

Relationship between Boeing, FAA Safety Regulators under scrutiny

International News       Mar 25, 2019

  Soon after Lion Air Flight 610 plummeted into the Java Sea last October, killing all 189 people aboard, Boeing Co. began to point gingerly toward mistakes the airline may have made.   A preliminary report by Indonesian authorities recounted the trouble pilots had with a litany...

Hélène Stanway, digital leader at AXA XL 

Internet of Things: Value for Insureds 

Articles       Mar 24, 2019

  The Internet of Things is transforming the way we live and work. And we believe it can change the way risk is managed and underwritten.   Last year, the number of connected “things” surpassed the number of human beings on the planet. Many of us live...

Fathers-to-be who smoke may harm their babies

Facts       Mar 24, 2019

  Beijing:  Fathers-to-be, take note! Smoking may increase the baby's risk of developing congenital heart defects―the leading cause of stillbirth, a study has found.   Congenital heart affect eight in 1,000 babies born worldwide. Prognosis and quality of life continues to improve with innovative surgeries, but the...

Fix to MCAS anti-stall software in 737 MAX ready to go: Boeing

International News       Mar 24, 2019

  New York: A fix to the anti-stall system suspected in October's Lion Air Boeing 737 MAX 8 that killed 189 people in Indonesia is ready to roll out, industry sources told AFP Saturday. Boeing was due to present the patch to officials and pilots of...

Facebook admits to storing passwords in plain text on internal servers

International News       Mar 21, 2019

    Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking giant's employees. .   "To be clear, these passwords were never visible to anyone outside of Facebook and...

China chemical plant explosion death toll climbs to 44; 32 others critical

International News       Mar 21, 2019

  Beijing: The toll in the explosion at an industrial park in eastern China climbed steeply to 44 on Friday morning as a number of people succumbed to their injuries.   The explosion occurred on Thursday following a fire in a fertilizer factory in a chemical industrial...

U.S weighs bids for putting Automated Vehicles on roads

International News       Mar 20, 2019

  The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls.   The agency also disclosed that Softbank-backed driverless delivery...

US Jury finds Roundup Weed Killer causes Cancer

International News       Mar 20, 2019

  A U.S. jury on Tuesday found Bayer AG’s glyphosate-based Roundup weed killer caused cancer, a blow to the company eight months after another jury issued a $289 million verdict over similar claims in a different case.   Tuesday’s unanimous jury decision in San Francisco federal court,...

Facing bias claims, Facebook to revamp Its platform for Housing, Jobs, Credit Ads

International News       Mar 20, 2019

  Facebook Inc has agreed to change its paid advertising platform as part of a wide-ranging settlement to prevent discriminatory and “harmful” practices, the company and U.S. civil rights groups said on Tuesday.   Under the agreement, Facebook will create a new advertising portal for ads linked...

WHO panel for strong international governance on human genome editing

International News       Mar 20, 2019

  Geneva: The World Health Organization’s new advisory committee on developing global standards for governance and oversight of human genome editing has agreed to work towards a strong international governance framework in this area.   “Gene editing holds incredible promise for health, but it also poses some...

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