“One of the most significant groups of climate-washing cases to...
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Aspartame sweetener used in Diet Coke a possible carcinogen, WHO’s cancer research agency to say
Aspartame has been extensively studied for years. Last year, an...
Businesses criticize new EU data rules, consumer group sees missed opportunity
DIGITALEUROPE, whose members include Airbus, U.S. tech giants such...
Swiss Re launches FLOW, insurance for companies exposed to high or low water levels
Unlike traditional insurance covers, which often require loss investigations and adjudication, FLOW provides pay-out of fixed amounts based on a defined index, for example each day the index remains below or above the defined index threshold value
Los Angeles releases Earthquake Warning App
Based on a warning system developed by the U.S. Geological Survey, the app will alert when there’s a quake of magnitude 5.0 or greater in the state.
262 terror attacks killed 595 people in Pakistan in 2018: Report
“Balochistan was the only region where terrorism-related killings surged, by over 23 per cent, when compared to 2017; most of these fatalities resulted from attacks by religiously-inspired militant groups,” according to the report.
Around 171 attacks in entire Pakistan were perpetrated by the Tehreek-e-Taliban Pakistan (TTP) and its splinter groups – Jamaatul Ahrar, Hizbul Ahrar and others, which killed 449 people.
Nationalist insurgent groups, mostly in Balochistan and a few in Sindh, carried out 80 attacks, martyring 96 people.
How Big Tech is using Artificial Intelligence to stop Hackers
Hackers are themselves famously adaptable, of course, so they too could harness machine learning to create fresh mischief and overwhelm the new defenses. For example, they could figure out how companies train their systems and use the data to evade or corrupt the algorithms. The big cloud services companies are painfully aware that the foe is a moving target but argue that the new technology will help tilt the balance in favor of the good guys.
Storm Pabuk kills 3, forces over 34,000 to evacuate in Thailand
It is feared to devastate Thailand’s famous tourist destinations on the shores of the Andaman Sea such as Phuket, Phang Nga, Krabi and Ranong provinces
372,000 German drivers join legal action against Volkswagen
If judges rule in favour of the plaintiffs in a test case, the floodgates could be opened for the rest to claim compensation
POP ties up with Allianz Australia for M&A Insurance, targets Asia
Fusion M&A, supported by Allianz, is offering a full suite of Transactional Insurance solutions, including Warranty & Indemnity, Tax Opinion, and Contingent Liability; serving the Private Equity and Corporate M&A marketplace.It has developed an extensive ecosystem of advisory, legal,financial, technology and insurance partners across APAC.
Myanmar set to approve licenses for foreign insurers
life insurance providers will be given two options to operate. The first option allows not more than three licenses for foreign life insurers to operate as 100 percent wholly owned subsidiaries. The second allows foreign life insurers with a representative office in Myanmar to form a joint venture with a local life insurer.Two large Indian state owned insurers, The non-life insurance providers with rep offices in Myanmar will be allowed to form a JV with local non-life insurers.The New India Assurance, country’s largest non-life company and the Life Insurance Corporation(LIC), are keen to set up their operations in Myanmar.
Reinsurance Prices Drop – Despite 2018’s Big Natural Catastrophe Losses: JLT Re
Insurers and reinsurers faced a bill of $80 billion from several catastrophes in 2018 including hurricanes Florence and Michael, typhoons Jebi, Mangkhut and Trami, flooding in Western Japan and the California wildfires.
Senior care facilities & their Insurers try to keep up with Aging America’s falls
Falls are the biggest risk. Allegations of falls account for nearly half of all assisted living claims that insurer CNA Financial Group closed in 2016 and 2017, the company said.