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Airline systems across airports working normally: Minister
Airports across the country witnessed chaotic scenes after the...
US issues warning on Microsoft outage, Nadella says working to bring systems back online
“Threat actors continue to use the widespread IT outage for...
Arctic blast: 100 million Americans brace for more cold, ice and snow
Blame the polar vortex, a weather pattern that usually keeps to the Arctic, but is increasingly visiting lower latitudes and staying beyond its welcome. Scientists say global warming caused by humans is partly responsible for making its southward escapes longer and more frequent.
India to multiply vaccinations amid coverage concerns
India will begin immunising the public from next month, starting with those over 50 or with medical conditions.
The country has covered 60% of its nearly 10 million healthcare workers since starting the drive on Jan. 16, though as many as 11 of its 36 states or federally controlled territories have not even reached the halfway mark.
Rising Risk of Cyber-attack on Industrial Sector:Lloyd’s Report
Cyber-attack risks have previously been considered unlikely to materially impact the physical market, with cyber perils traditionally emerging in the form of non-physical losses. However, the report looks at how physical risks have become a rapidly growing concern for industrial businesses as shown by recent high-profile breaches. As bridges are increasingly being built between information technology (IT) and operational technology (OT), along with increases in automation and sophistication of threat actors, it is paramount that (re)insurers carefully consider where major losses may occur.
“Significant improvement in climate-related disclosure of Insurers”
Bronwyn Claire, Senior Programme Manager for ClimateWise said,“We’ve seen significant progress being made by members in the incorporation of climate change considerations into investment and underwriting strategies demonstrating growing strategic commitment to corporate and societal resilience to climate change.”
Jaguar cars to go all-electric by 2025 as JLR plans full range of e-models by 2030
Luxury car brand Bentley Motors, owned by Germany’s Volkswagen, said in November its model range will be fully electric by 2030, and last month General Motors Co said it aimed to have a zero-emission lineup by 2035.
A number of countries have also announced bans on new fossil-fuel vehicle sales. In the United Kingdom, that ban should take effect in 2030.
COVID-19: New cases fall below 10,000 for fourth time in February
The number of people who have recuperated from the disease surged to 1,06,33, 025 which translates to a national COVID-19 recovery rate of 97.32 per cent, while the COVID-19 case fatality rate stands at 1.43 per cent
There are 1,36,872 active coronavirus infections in the country which comprise 1.25 per cent of the total caseload, the data stated
Africa Specialty Risks Group partners with GIC Re & Peak Re to launch new capacity for African region
ASR has secured additional multi-year binder capacity of up to $25 million per risk through a partnership with India’s GIC Re and annual capacity from Hong Kong based Peak Re.
Mikir Shah, CEO,ASR, said “ Securing additional capacity could not come at a more meaningful time for ASR. Following our launch mid-Pandemic in September 2020, we have seen a reduction in available capacity as traditional underwriters withdraw from emerging markets to focus on their more developed domestic markets”
4 detected with SA variant of SARS-CoV-2 in India, one with Brazil strain
In India, the South Africa strain has been detected in four returnees — one from Angola, one from Tanzania and two from South Africa in January, ICMR Director General Balram Bhargava said.
All travellers and contacts have been tested and quarantined.
Britain’s Cairn files case in U.S. to push India to pay $1.2 billion award
Reuters reported last month that Cairn was identifying India’s overseas assets, including bank accounts and even Air India planes or Indian ships, that could be seized in the absence of a settlement.
Govt to set up intelligence unit to tackle pesky calls, financial frauds
“Accordingly, a nodal agency named as Digital Intelligence Unit (DIU) will be set up. The main function of the DIU will be to coordinate with various LEAs (Law Enforcement Agencies), financial institutions and telecom service providers in investigating any fraudulent activity involving telecom resources,” the statement said.