The annual financing gap for health-focused climate adaptation...
Category:
Risk Management
Latest
Meta reaches $16.68 billion settlement over social media harms to children
The settlement resolves claims brought by 29 U.S. states, and will...
Some oil companies to avoid ships on Iran blacklist
Some of the tankers Iran listed are owned or chartered by Saudi...
AI171 crash investigators did not give much importance to lone survivor’s statement: Pilots body
Stating that the Boeing 787-8 aircraft is highly dependent upon the electrical (systems), such as electrical brakes and lot of batteries and generators in this aircraft and from the time of manufacture, he said the plane has been having a history of "electrical...
Significant progress made in Air India AI-171 crash probe, evidence being analysed comprehensively: AAIB
Air India's Boeing 787-8 or Dreamliner with registration VT-ANB en route to London Gatwick crashed soon after takeoff on June 12, 2025, killing 241 people onboard and 19 on the ground. New Delhi:Aircraft accident probe agency Aircraft Accident Investigation Bureau...
Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive
Fable 5, released Tuesday, is a locked-down version of Mythos 5, a cutting-edge AI model that Anthropic has held back from the public amid concerns that it had unprecedented abilities to identify software vulnerabilites -- or holes in code that hackers could exploit....
Govt clears path for self-driving, safety car technologies to reduce road deaths
The radar sensors let a car gauge safe distances, and drive features such as emergency braking, adaptive cruise control and blindspot warnings, to form a basis for autonomous driving New Delhi:The government has scrapped a licence requirement for radar sensors,...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report
The survey, which covered 1,440 fraud-management, anti-money laundering (AML), and risk and compliance leaders across 25 countries, found that India has emerged as one of the most concerned and heavily impacted markets when it comes to financial fraud and AI-enabled...
India’s ship certifier takes tougher stance on sanctioned tankers
Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation's Executive Chairman Arun Sharma said. LONDON:India's ship safety certifier is taking a tougher stance on vessels...
India’s Construction Sector: Insurers increase focus on risk and project governance, Aon report
“India remains a dynamic and rapidly expanding construction market within the Asia Pacific region. Large-scale developments face a range of natural hazards, including floods and earthquakes, with increasing focus on robust risk management from the outset. To navigate...
Majority of aviation insurance professionals rank geopolitical instability as the sector’s biggest threat: IUAI survey
"The findings highlight a continued shift towards risks that are systemic, interconnected and often originate outside the aviation sector itself. Geopolitical instability, claims inflation, cyber threats and supply chain disruption all have the potential to create...
Ind AS to boost transparency, governance and capital efficiency in insurance sector: Ajay Seth
Ajay Seth, chairman, IRDAI Seth encouraged insurers to actively leverage the Joint Expert Group on Ind AS, comprising representatives from IRDAI, ICAI, IAI, NFRA and SEBI, as a platform for seeking guidance and resolving implementation-related issues during the...
Anthropic calls for pause of global AI development
The company has faced pushback from others in the industry - and officials in the White House - who say its focus on worst-case scenarios overstates the risks and amounts to a strategy for slowing rivals under the cover of safety concerns. Artificial intelligence...