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Hexaware launchs advanced insurance solutions,deepens Google Cloud partnership
The offerings strengthen Hexaware's collaboration with Google and...
Asia’s wealthy families unprepared for successive planning as their fortunes near $99 trillion
Chaotic handovers have the potential to freeze assets in legal...
Africa CDC warns of monkeypox surveillance challenges as cases surpass 45,000
Data from the Africa CDC show that the Central Africa region registered 85.5 percent of all reported cases and 99.5 percent of deaths. Additionally, the number of cases reported so far this year has reflected a 400 percent increase compared to the entire 2023 Addis...
Meta, Google, TikTok must face schools’ addiction claims in US
The companies also face significant exposure from hundreds of personal injury suits accusing them of designing their platforms to encourage youths to spend unhealthy amounts of time on screens and suffering emotional trauma as a result. But the school cases may carry...
Lloyd’s and UNCDC establish first of its kind disaster resilience vehicle for Small Island Developing States
Initially covering Fiji, Papua New Guinea and Samoa, the vehicle will respond to disasters caused by natural perils including tropical cyclone, earthquake, tsunami and flood – with the long-term aim of scaling and replicating the vehicle throughout the Pacific region...
Seeking profit emerging markets lose ESG appeal
ESG investments in developing nations have floundered over the course of the past year, with emerging markets recording a third year of consecutive outflows, largely due to tighter global monetary policies in both developed and emerging economies. Sustainable...
EU AI Act checker reveals Big Tech’s compliance pitfalls
Companies failing to comply with the AI Act will face fines of 35 million euros ($38 million), or 7% of global annual turnover Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...
AXA Insurance announces strategic name change of “XL Re China” to “AXA International Re”
By leveraging data, pricing strategies, and market expertise, AXA International Re is now in a very good position and will focus on developing products and pricing, offering a wider range of reinsurance solutions to its clients in the mainland Chinese market HONG...
Singapore lawmakers amend bill to stop Allianz’s insurance deal
The move comes two days after the government — in a rare move — said it wouldn’t be in the public interest for the Income Insurance Ltd. transaction to go ahead in its current form. It wasn’t satisfied the firm can continue to fulfill its social mission as a...
Chinese cyber association calls for review of Intel products sold in China
The industry group goes on to state that operating systems embedded in all Intel processors are vulnerable to backdoors created by the U.S. National Security Agency. Intel Corp. products sold in China should be subject to a security review, the Cybersecurity...
Sompo appoints Maya Dongyoung Lee as chief operating officer, Asia Pacific
Maya Dongyoung Lee as Chief Operating Officer, Asia Pacific, Sompo In her new role, Lee will be responsible for leading Sompo’s APAC operations, including operational excellence and resilience, transformation and project management, and building its operational...
Meta to be sued as US states’ claims it hooked kids on platforms
The attorneys general have alleged that despite research showing Facebook and Instagram use is associated with depression and other mental health issues, Meta won’t remove the platforms’ harmful features Meta Platforms Inc must face a lawsuit by dozens of state...