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Insurance companies plan $41 bn trade switch to bond forwards

by AIP Online Bureau | Apr 30, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation, Wealth Management/ Philanthropy

Insurance companies are in talks with the authorities to convert about Rs 3.5 trillion ($41 billion) worth of rates derivative contracts into bond forwards, people familiar with the matter said. Such contracts offer investors the opportunity to own the securities,...
Hackers target ransomware by disrupting Marks & Spencer Group  

Hackers target ransomware by disrupting Marks & Spencer Group  

by AIP Online Bureau | Apr 29, 2025 | International News, Risk Management, Technology, Workplace/Employee Benefits

A group of suspected cybercriminals hit the company with a kind of ransomware known as DragonForce London: A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British...

U.S. insurers face higher loss costs and market risks from trade war: Fitch

by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy

Property casualty (PC) insurers face cost inflation in personal auto and homeowners’ lines from tariffs. Other watch items include increased severity of claims pressuring margins, and the effect of market volatility and potential losses on equity portfolios New...
Uniform cybersecurity norms should govern telcos, OTT communication apps: COAI

Uniform cybersecurity norms should govern telcos, OTT communication apps: COAI

by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“COAI feels that the cybersecurity measures need to be reinforced with clear outlines on the purpose, which is to free the people of such unwanted spam/fraud calls and messages to the maximum extent possible. For the same purpose, it may be judicious that...
Most women entrepreneurs seek tailored financial products to meet small business needs: Report

Most women entrepreneurs seek tailored financial products to meet small business needs: Report

by AIP Online Bureau | Apr 29, 2025 | Data, Eco/Invest/Demography

Women entrepreneurs from Tier II, III and beyond towns are ambitious, digitally aware, and determined to grow – but they are held back by structural gaps in finance, networks, and visibility, the report released on Monday said New Delhi: Most women running small...
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