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India Inc’s Risk Index: Demonstrating Resilience
Cyber-attack or data breach is considered to be one of the most...
Climate Change: The Era of Super-Wild Weather Is Already Here
Erich Fischer, a climate scientist at ETH Zurich, has been trying...
Marine blockchain platform goes live
Blockchain technology can be applied to risk management and insurance across diverse business sectors such as telecommunications, defence, and aerospace, among many others. One of our clients, for example, has approached us about developing a blockchain for its global property insurance programme
Unlocking a Trillion-Dollar Opportunity
Banks and NBFCs will need to move towards high volume, low value transactions to cater to massive new demand and stay relevant in the market. They will need to enable data-driven decisions,which cannot be orchestrated on physical mediums due to massive cost & time incurred.
Concerns mount over Data Privacy Guidelines set by Genetic-Testing companies
Under the guidelines, genetic-testing companies must obtain “express consent” before sharing an individual’s data with third parties. They can’t hand it over to employers, insurance companies, educational institutions, or government agencies without being legally compelled
SAS supports Insurers to meet IFRS 17 compliance
“The disparate nature of incumbent accounting systems, actuarial tools and data sources, conventionally with weak workflow and integration capabilities, will pose a significant hurdle for insurers to overcome in complying with IFRS 17, particularly as many grapple with IFRS 9 compliance in tandem,” said Cubillas Ding, Research Director at Celent
Partnering with World Bank to close Protection Gap
The economic progress many developing countries are making is put at risk when a catastrophe hits. If the nation is lacking appropriate protection, the impacts from a natural disaster typically mean that the government’s limited financial resources will have to be directed toward disaster response and away from further investments in education, healthcare and infrastructure
Blockchain: Mechanics and Magic
Executives need to have a basic understanding of the mechanics and an appreciation of the magic in order to assess the applicability of blockchains to their insurance business problems. This article will step back from the hype and explain how a blockchain works. It will highlight some surprising capabilities and debunk some confusing myths and inaccuracies.
Cyber, Climate Risks & Human Error Threaten Shipping’s Safety Progress,Asian losses buck global trends
Incidents in the South China, Indochina, Indonesia and Philippine maritime region rose by 25% in the past year and remain the number one area worldwide for major shipping incidents for the past decade leading it to be dubbed the “new Bermuda Triangle” by some media commentators
Growing debris risks for Satellite Operations :Swiss Re
Lower orbits in particular are becoming increasingly populated and littered with debris, putting satellite operations at risk of collision. In fact, orbital debris makes up over 90% of the tracked objects orbiting the Earth today
US Regulators try to navigate Legal, Social, Safety Issues raised by Autonomous Vehicles
In Congress, legislation to make it easier for automakers to get thousands of cars on the road without human controls is stalled and its prospects for approval are uncertain
Mitigating Cyber Risk via Captives
There are innumerable other examples of hackers exploiting flaws in a connected object for malicious purposes. And considering the number and variety of IoT (Internet of Things) devices in use in different settings, preventing hackers from exploiting security gaps in connected objects can be a daunting proposition