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Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC
The solution is tailored for insurers in EMEA and APAC. This...
WhatsApp launches ‘Safety Overview’ tool, bans 6.8 mn accounts linked to scam centres
Meta's messaging platform further said it is exploring ways to...
US SEC approves bitcoin ETFs in watershed for crypto market
Standard Chartered analysts this week said the ETFs could draw $50 billion to $100 billion this year alone. Other analysts have said inflows will be closer to $55 billion over five years WASHINGTON/NEW YORK: The U.S. securities regulator on Wednesday approved the...
U.S. SEC account hack renews spotlight on X’s security concerns
Accounts on X, formerly known as Twitter, can be hijacked by stealing passwords or tricking targets into giving up their login credentials, just like on any other social media platform The hack of the U.S. Securities and Exchange Commission’s official account on X on...
Nearly 10,000 died from COVID-19 last month, Fueled by holiday gatherings and new variant, WHO Says
Tedros Adhanom Ghebreyesus, director general, WHO, said nearly 10,000 deaths were reported in December, while hospital admissions during the month jumped 42% in nearly 50 countries mostly in Europe and the Americas that shared such trend information Geneva: The head...
Alaska incident: ‘Our mistake’, Boeing CEO vows transparency
Dave Calhoun, Chief Executive,Boeing U.S. regulators with the Federal Aviation Administration have grounded 171 737 MAX 9 planes with the same configuration as the Alaska Airlines jet Boeing Chief Executive Dave Calhoun took responsibility for a near-catastrophic...
Italy’s Generali pays $108 million for full control of its Chinese JV
It is the first instance in which a foreign insurer has acquired a controlling stake in a property/casualty insurer in China from a single state-owned entity through a public auction, Generali said Italy’s biggest insurer Generali on Wednesday said it would acquire...
Misinformation biggest immediate risk for India world extreme weather top long-term threat WEF study
On a short-term horizon of two years, the report identified 'misinformation and disinformation' as the biggest risk, followed by extreme weather events, societal polarisation, cyber insecurity and inter-state armed conflict in the top five LONDON: With close to 300...
Biden administration to unveil contractor rule that could upend gig economy
The rule replaces a Trump administration regulation that said workers who own their own businesses or have the ability to work for competing companies, such as a driver who works for Uber and Lyft, can be treated as contractors. The administration of U.S. President...
Japan issues improved emergency measures following fatal plane collision at Haneda airport
The measures — including more visible stop line markings on taxiways leading to runways and use of clearer language in traffic control communication — are to be implemented right away at Haneda while they are slated to go into effect at other airports across the...
Record thunderstorm losses and deadly earthquakes in 2023, says Munich Re
Thomas Blunck, member of the Board of Management, Munich Re Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year US$ 125bn). Overall losses tally with the five-year...
United, Alaska find loose parts on 737 MAX planes, raising pressure on Boeing
The Federal Aviation Administration said planes would remain grounded "until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners." WASHINGTON/CHICAGO: Boeing's latest 737 MAX crisis deepened...