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Global IT outage: A ‘huge wake-up call’ for cyber insurance industry
Insurers are expecting a "wave of notifications" in the coming...
CrowdStrike Crisis: Negotiating ‘Blue Screen of Death’ (BSOD) loop
Clear understanding and documentation of cyber insurance policies...
Mental Health :Rehabilitating affected employees
Poor mental health costs employers between £33 billion and £42 billion each year, according to a recent report by Deloitte. That estimate includes costs associated both with absences and with presenteeism – employees showing up to work while unwell.
Coming of age: Adolescent Health
Adolescence is a highly formative time for future health. While many of the challenges that emerge at this age are rooted in experiences in the womb or in young childhood, effects of the neurobiological changes in the very early years can emerge in adolescence. This will influence behaviours that can lead to heart disease and other chronic conditions that also tend to be established at this crucial time of life, including levels of physical activity, nutrition, tobacco smoking, and alcohol use.
Transforming the Insurance Ecosystem
Given this scenario, insurance carriers may consider employing a few core mobility technologies of digitalisation such as app refactoring, rapid application development platform (RADP), and unified mobile app model, to bring in true digital transformation without compromising on the inherent advantages of MAM/MDM
Suicide-Key Global Facts
• Close to 800 000 people die due to suicide every year.
• For every suicide there are many more people who attempt suicide every year. A prior suicide attempt is the single most important risk factor for suicide in the general population.
• Suicide is the second leading cause of death among 15–29-year-olds.
• 79% of global suicides occur in low- and middle-income countries.
• Ingestion of pesticide, hanging and firearms are among the most common methods of suicide globally.
Risky Business-Insurers Face Shifting Landscape
While providing cover for risks is the core to the business of insurance, insurers themselves are not immune to risks. In fact, insurers are exposed to a number of financial and non-financial risks. The very nature of their business exposes general insurers to multiple types of risks like insurance risk, asset (market and credit) risk, cyber security and operational risks; which they must deal with an ongoing basis
Profitability gaps in major non-life insurance markets, Swiss Re’s Sigma
Economic developments alone will not close the profitability gap.Interest rates and non-life insurers’ underwriting results are interrelated in the long run. In the past, during periods of higher interest rates, stronger investment returns were offset by larger underwriting losses. By contrast, in the current cycle underwriting results have deteriorated without the benefit of compensating rising yields, as the slow post-crisis recovery has led to a prolonged backdrop of low interest rates.
Ten Years After Lehman—Lessons Learned and Challenges Ahead
We are now facing new, post-crisis, fault lines—from the potential rollback of financial regulation, to the fallout from excessive inequality, to protectionism and inward-looking policies, to rising global imbalances.
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