Susan Panuccio, Group Chief Financial Officer-designate, Howden...
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Marsh McLennan and its businesses will brand as Marsh
Creates a new unit, Business and Client Services (BCS), to...
Climate Change: Life-threatening heat domes confound forecasters
Wildfires and droughts are often the byproduct of extreme heat and...
Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations. From evolving tariffs to shifting alliances, these forces directly impact organizations' balance sheets. Building resilience...
Boeing in early stages of developing 737 MAX replacement
The U.S. planemaker has also been designing the flight deck of a new narrow-body aircraft, the report said, adding that development remains in the early planning phase, with final decisions yet to be made Boeing is in the early stages of developing a new single-aisle...
OpenAI launches parental controls in ChatGPT after California teen’s suicide
Under the new measures, parents will be able to reduce exposure to sensitive content, control whether ChatGPT remembers past chats, and decide if conversations can be used to train OpenAI's models, the Microsoft-backed company said on X. OpenAI is rolling out parental...
New Zealand makes changes in earthquake-prone buildings its assessment to reduce costs
“While well intentioned, the current system for assessing and managing seismic risk in buildings places an overwhelming financial burden on building owners,” said Penk. “For many buildings, the price of strengthening runs from hundreds of thousands to several million...
Tata Motors’ outlook cut to ‘negative’ by Moody’s after cyber-attack halts JLR production
The cyber incident at JLR has highlighted customer relations risk under social considerations in the ESG framework, which Moody’s said was the main reason for its rating action. New Delhi: Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from...
Tata Motors-owned Jaguar Land Rover begins phased IT restart after cyber-attack
JLR said its teams continue to work around the clock alongside cybersecurity specialists, the UK government’s National Cyber Security Centre (NCSC) and law enforcement to ensure the restart of full operations takes place in a “safe and secure manner” following a...
FAIR 2025: GIC Re to host 29th FAIR in Mumbai, Over 700 global delegates to celebrate 60 yrs of Afro-Asian bonding
Ramaswamy Narayan, CMD, GIC Re, observed,“Hosting the 29 th FAIR Conference in October 2025 is a profound honour that reflects our commitment to global partnership'' Momen Mukhtar, Secretary General, FAIR, said : “For sixty years, the Federation of Afro-Asian Insurers...
Riots impose financial strain on Nepal re/insurers
Oriental Insurance Company, a branch of India's Oriental Insurance, has received the largest amount of claims till September 16, according to the data released by the Nepal Insurance Authority. It alone has received claims of NPR 5.14 billion across 40 cases. The bulk...
Britain considering support for Jaguar Land Rover’s suppliers
The automaker failed to finalize a cyber insurance deal brokered by Lockton ahead of the incident, and appears to be uninsured directly for the attack, three senior cyber insurance market sources told The Insurer. JLR declined to comment. The luxury carmaker, owned by...
UK police arrest man over hack that affected European airports
Ransomware gangs routinely publicise attacks and leak stolen data on dark web "leak sites" but websites that monitor those portals had not, as of Wednesday, detected any group claiming the hack. LONDON: British police said on Wednesday a man had been arrested as part...