Simon Chisholm, Chairman-designate, of Asia for Reinsurance...
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SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI
Anchored on the theme “Staying Ahead, Future Ready”, the 21st...
Rokstone expands Singapore Marine operation with senior hires
Rokstone Singapore is supported by a multi-year, $25 million...
UK PM Sunak commits to triple-lock pension policy despite inflation
Last November, with inflation in double-digits, finance minister Jeremy Hunt decided to raise state retirement and welfare benefits payments in line with price growth at a cost of about 11 billion pounds London: British Prime Minister Rishi Sunak said he was committed...
AI with 95% accuracy can steal passwords by ‘listening’ to keystrokes: Study
"The ubiquity of keyboard acoustic emanations makes them not only a readily available attack vector but also prompts victims to underestimate (and therefore not try to hide) their output," the study said "For example, when typing a password, people will regularly hide...
Countries should invest in primary health care, it can detect pandemics at an early stage: WHO chief
"So on new variants, not only EG.5, we would expect more variants. What's important is to really, you know, continue to be vigilant. Many countries are not testing enough, and we wouldn't know whether the virus is changing or not," said WHO's Director-General Tedros...
Ships backed up in Black Sea lanes as Russia warning shots raise tensions
Insurance industry sources said rates for additional war risk premiums remained stable on Monday, although there was a possibility of a rise if a ship was damaged or sunk The cost of a Black Sea war risk premium, which is typically renewed every seven days and is in...
Tokio Marine Southeast Asia asset sale draws Japan rivals
Tokio Marine has been gauging interest in the assets, which could be valued at about US$1 billion (RM4.61 billion) Japanese financial services firms have been eyeing assets in Southeast Asia as a way to expand and diversify outside of Japan. Japanese insurers Dai-ichi...
Maui wildfire is deadliest for US in 105 yrs, with 89 killed
“This is the largest natural disaster we’ve ever experienced,” Hawaii Governor Josh Green said The death toll makes the wildfire the deadliest since 1918, when 453 people were killed in Minnesota and Wisconsin by the Cloquet & Moose Lake Fires, according to the...
Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high
A U.S.-backed maritime group called the International Maritime Security Construct “is notifying regional mariners of appropriate precautions to minimize the risk of seizure based on current regional tensions, which we seek to de- escalate. Vessels are being advised to...
Japan braces for another typhoon with trains and flights canceled
Toyota Motor Corp., Mitsubishi Motors Corp., Honda Motor Co. and Suzuki Motor Corp. said operations won’t be affected by the typhoon because their manufacturing plants are closed during the annual break Tokyo: Typhoons are becoming more frequent and severe, causing...
Australia’s climate risks are making home insurance unaffordable
Median home insurance premiums surged 28% to A$1,894 ($1,240) in the year to March 31, according to a report released Monday by the Actuaries Institute. Premiums in the highest-risk properties — such as those in flood or bushfire-prone areas — shot up 50%, it said...
Ships backed up in Black Sea lanes as Russia warning shots raise tensions
Firing on a merchant vessel will ratchet up already acute concerns among shipowners, insurers and commodity traders about the potential dangers of getting ensnared in the Black Sea – the main route that both Ukraine and Russia use to get their agricultural produce to...