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Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study
"In 2025, global and regional geostrategic tensions remain a key...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance
The IRDAI is yet to announce range of its board decisions on Monday...
Over 500mn cyberattacks blocked in India in Q1 2023: Report
"It is interesting to see how industries such as BFSI and Healthcare are more targeted by vulnerability and bot attacks. Clearly, attackers are more interested in Personally Identifiable Information (PII) from these sectors. That said, other industries including SaaS...
FinMin to take call on Rs 3,000 crore infusion into 3 PSU general insurers
The FY’23 financial numbers would give some idea about the impact of restructuring initiated on the profitability numbers and the solvency margin, sources said Barring the solvency ratio of New India Assurance, this key indicator of the three Public sector general...
6.64 lakh families receive claims for Rs13,290 crore under PMJJBY scheme: FM
Union Finance and Corporate Affairs Minister Nirmala Sitharaman Under PMSBY scheme, Sitharaman said that more than 1.15 lakh families have received claims for Rs 2,302 crore New Delhi: Celebrating the 8th anniversaries of the three social security (Jan Suraksha)...
Go Airlines got premium refund for grounded aircrafts
The airlines’ total fleet size is 54 aircraft, out of which 27 have been grounded for more than a year, said Kaushik Khona, Chief Executive Officer, Go Airlines “Last year, we got a refund of the premium paid for covering the aircraft hull. The refund was about 70 per...
Supply chain risks spur demand-bulge for business interruption coverage: WTW Survey
“From multiple geopolitical tensions to ongoing inflationary pressures, global uncertainty is adding complexity to businesses just as they are recovering from the supply chain crisis. They will now be in catch-up mode against a disruptive environment, facing...
Buffett’s Berkshire posts $35.5 bln profit, buys back more stock
Warren Buffett Those results benefited from Geico snapping a six-quarter string of underwriting losses, and a 68% increase in the income Berkshire's insurance units generate from investments Warren Buffett's Berkshire Hathaway Inc posted a $35.5 billion first-quarter...
Poor diligence while granting driving licences is costing lives on Maha roads, say experts
''With each passing day, we hear of horrific road crashes that claim the lives of innocent people. The process of issuing driving licenses needs to be improved to be able to critically assess the safe driving skills of applicants. This will ensure only skilled drivers...
IRDA proposes new advertisement norms for insurers
Each insurer has to constitute an advertisement committee reporting to the Product Management Committee. The advertisement committee will have at least three members mandatorily from Marketing, Actuarial and Compliance functions of the insurer, said the IRDAI...
WHO experts to weigh whether world ready to end COVID emergency
"It is possible that the emergency may end, but it is critical to communicate that COVID remains a complex public health challenge," said Professor Marion Koopmans, a Dutch virologist who is on the WHO panel. She declined to speculate further ahead of the discussions,...
India at vanguard of digital revolution, its financial inclusion journey can be example for others: UN officials
A “robust and citizen-centric digital public infrastructure plays a major role in achieving multiple national goals, which include financial inclusion, social security, health insurance, digital transactions and easy access to credit while providing the building...