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Sun Pharma’s income hit by ransomware

by AIP Online Bureau | Mar 27, 2023 | Indian News, Non-Life, Reinsurance, Risk Management

While the drugmaker is unable to determine other impacts of the breach, including cost to maintain insurance coverage and possibility of litigation, it said there would be expenses linked to the incident. Mumbai: Sun Pharmaceutical Industries expects revenue to fall...

Cyber criminals exploiting ChatGPT popularity to spread malwares via FB accounts

by AIP Online Bureau | Mar 27, 2023 | Eco/Invest/Demography, International News, Non-Life

“Cybercriminals are capitalising on the popularity of ChatGPT, exploiting Facebook’s vast user base by compromising legitimate Facebook accounts to distribute malware via Facebook ads, putting users’ security at risk. Our investigation has uncovered...

Medi Assist acquires Raksha TPA, to add approximately 3,000 corporates clients

by AIP Online Bureau | Mar 27, 2023 | Health, Indian News, Intermediaries

“This acquisition aligns with Medi Assist’s overall growth strategy, and expands our presence in the North and West regions of India and adds approximately 3,000 corporates to our client list. Raksha TPA adds 17 per cent to Medi Assist in terms of...

Skyrisks to launch products for Advanced Air Mobility sector

by AIP Online Bureau | Mar 27, 2023 | International News, Non-Life, Reinsurance, Technology

Advanced Air Mobility (AAM) businesses will have diverse insurance needs including hull all risks, third party liability, passenger & crew liability, premises, products & hangarkeepers liability, and other coverages London: Skyrisks Limited announced today...

MS Amlin bolsters Risk Analytics expertise with senior hire

by AIP Online Bureau | Mar 27, 2023 | Briefs, Non-Life, Reinsurance

LONDON: MS Amlin, the Lloyd’s global (re)insurer, on Monday announced the appointment of Dr Jessica Turner as Head of Risk Analytics, effective 26 June 2023, and reporting to Martin Burke, Director of Underwriting Performance. Jessica joins MS Amlin from Guy Carpenter...
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