Willis, a WTW business has appointed Conor Keating as Head of...
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Aon launches AI-enabled claims copilot
“It empowers our professionals to turn insight into action, helping...
Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica
Catastrophe insurance backed by catastrophe bonds are part of the...
Billionaire Gautam Adani indicted in US for bribery and fraud
Gautam Adani, chairman and founder, Adani Group However, Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws....
Aon appoints Magnus Roe as global chief data and analytics Officer based in Singapore
Magnus Roe, global chief data and analytics officer, Aon This appointment is part of the firm’s strategy to advance its commercial solutions with analytical capabilities and empower clients to make better decisions SINGAPORE: Aon plc, the second largest international...
Emerging-risk resilience: Majority of APAC risk leaders concerned about their organisations in the next decade
Geopolitical issues, natural catastrophe events, climate transition and people were top concerns today and tomorrow as organisations highlighted a wide range of emerging risks fostering volatility. These range from global elections to uncertainty leading to...
Trebling of “nuclear” court verdicts challenges companies and liability insurers: Allianz
Recent years have also seen a growing list of pharma, food, and chemical products become the target of billion-dollar class action litigation, including opioids, talcum powder, indigestion remedies, and herbicide. Cancer is increasingly a feature of such litigation...
Facebook users affected by data breach eligible for compensation, German court says
Thousands of Facebook users in Germany are demanding compensation from parent company Meta for insufficient protection of their data after unknown third parties were able to access user accounts by guessing phone numbers A German court said on Monday that Facebook...
Life insurance drives global premium growth as interest rates remain higher for longer, says Swiss Re
Insurance premium growth forecast in real terms TotalNon-lifeLife 2024F2025– 2026F2024F2025–2026F2024F2025–2026FWorld 4.6%2.6%4.3%2.3%5.0%3.0%Advanced markets All4.1%2.0%4.3%1.9%4.0%2.0%North...
RBI cautions public about ‘deepfake’ video of governor being circulated on social media
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...
Centre issues advisory on air pollution
Air quality has worsened in several cities, including Mumbai, Delhi, and regions in northern India, reaching severe levels. The deteriorating air quality has raised concerns over various health risks. The advisory also highlights the heightened risk of air pollution...
Meta fined €798 million by EU over abusing classified ads dominance
“Meta tied its online classified ads service Facebook Marketplace to its personal social network Facebook and imposed unfair trading conditions on other online classified ads service providers,” EU antitrust chief, Margrethe Vestager, said. “It did so to benefit its...
CCI restricts WhatsApp sharing data with other Meta entities, imposes $25.4 mln fine
"Sharing of user data collected on WhatsApp with other Meta companies… for purposes other than for providing WhatsApp service shall not be made a condition for users to access WhatsApp Service in India," the CCI said After the CCI’s decision, a Meta spokesperson...