Thomas Buberl, chief executive officer,AXA, said,``In a world where...
Category:
International News
Latest
World Bank and Generali partner to advance insurance, resilience and investment solutions in emerging markets
LtoR: Andrea Sironi, chairman of Generali Group,Ajay Banga,...
Surging Iranian attacks on ships crossing the Hormuz, threatens recovery in Persian Gulf oil exports
Ministers of OPEC and non-OPEC Participating Countries in the...
India’s Girija Subramanian conferred IIS’s Vanguard Market Development Award for emerging markets
Girija Subramanian,member, Distribution, Insurance Regulatory & Development Authority of India `` Subramanian’s career reflects an extraordinary commitment to expanding the reach and relevance of insurance across India,” said Josh Landau, President of the...
British Columbia sues OpenAI in US court over Canada school shooting
The filing says it seeks to hold the company “accountable for designing a dangerous product, distributing it to every home with internet access, ignoring the warnings of their own safety team, refusing to notify authorities when they knew the shooter was planning gun...
EU to require data centres to disclose energy and water efficiency
To attempt to incentivise companies to build more energy- and water-efficient data centers, the Commission has proposed a rating scheme for facilities, to make this information more transparent. Australia’s state of Victoria has banned the construction of data centers...
MNK International accelerates global growth with launch of MNK International North America
Manoj Kumar, group chief executive officer and chairman, MNK Group MNK Group, the independent international insurance group, has also recently completed the acquisition of 100% of ETU Forsikring A/S, a Danish non-life insurer authorised since 2006 and headquartered in...
From smart glasses to AI pins, privacy fears challenge tech’s next big bet
The backlash against devices that can see, hear and respond to the world around them has been strongest against Meta’s Ray-Bans, which made smart glasses mainstream by pairing EssilorLuxottica’s trendy designs with AI from the social media giant chasing “personal...
Aon appoints Jane Drummond as global chief commercial officer
Jane Drummond, global chief commercial officer-designate Currently, Jane Drummond serves as chief commercial officer of Asia-Pacific, working with sales leaders and country CEOs to drive new business, strengthen strategic client relationships and enhance commercial...
South Korean pension fund seeks India government bond investment licence
Korea's National Pension Service, which has more than $1.3 trillion in assets, will be one of the first to apply under the Securities and Exchange Board of India (SEBI) lower compliance window for foreigner investors investing only in government bonds, the sources...
Hormuz shuttles keep oil flowing, but at a high cost
Ship-to-ship (STS) transfers have become a vital lifeline for Gulf producers as they adapt to the disruptions caused by the Iran war, now entering its seventh month. Once loaded, a tanker disconnects and heads for its destination, typically a refinery in Asia. The...
Soaring cost making some long-distance crude trades uneconomical
But for oil traders, the risk is that shipping becoming prohibitively expensive. They're concerned that the higher costs make it unprofitable for some refiners to turn crude into fuels, deterring them from buying cargoes that have to sail over long distances, even...
AI fuels 440% surge in hackers using Blockchains in attacks
The findings add to evidence of generative AI contributing to a boom in cyber threats by spotting more software vulnerabilities and allowing cybercriminals to carry out more attacks. In crypto, the number of hacks rose roughly 150% to 207 in the first half of the...