“Specialty brokers are the connective tissue of the global...
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Risk Management
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Rokstone expands Singapore Marine operation with senior hires
Rokstone Singapore is supported by a multi-year, $25 million...
Sitharaman asks fintechs to strengthen risk management to check AI misuse
"Even as AI opens extraordinary possibilities, we must confront its...
P K Mishra calls for expanding insurance coverage across diverse sectors
PK Mishra, Prime Minister's Principal Secretary "Should the government act as a catalyst, facilitating the growth of the insurance market, or should it take a more direct role such as purchasing insurance for certain sectors? How should the government create...
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister As banks benefit from technology, they need to periodically learn to mitigate risks and improve customer service, credit assessments and fraud detection using technology, the Finance Minister noted Mumbai: As the unified...
Supreme Court’s YouTube channel hacked
In its e-initiative measures, the SC began live streaming proceedings of the Constitution Bench on YouTube and used artificial intelligence and natural language processing technology for live transcription of such hearings of national importance New Delhi: The Supreme...
Role of food regulators more crucial to protect consumers’ health: JP Nadda
JP Nadda,Union Minister of Health and Family Welfare Highlighting the country’s efforts in alternative measures to curb the increasing menace of plastic wastes, the minister said India is taking steps to reduce plastic wastes and adopting organic farming and organic...
Bombay HC quashes amended IT Rules on fake news; speaks of their `chilling effect’
The amended rules provided for the establishment of a fact checking unit (FCU) with powers to flag misleading or false online content concerning the government. Observing that the amended rules infringed the right to equality and freedom of speech, the court also said...
Cyber security researcher claims Star Health Insurance official sold data of 3.1 cr customers
"Our cybersecurity team is already investigating the matter and simultaneously a police complaint has been filed. The company has adequate cybersecurity systems and controls, which are in accordance with IRDAI and other regulatory norms. We will issue further updates...
Govt probes EY’s ‘work environment’ after death of young employee
Shobha Karandlaje, Union Labour Minister "A thorough investigation into the allegations of an unsafe and exploitative work environment is underway," Labour Minister Shobha Karandlaje posted, on X NEW DELHI: India is investigating the work environment at Big Four...
Central Europe flooding could cause billions in insurance losses, analysts say
According to re/insurance broker Gallagher Re's estimate, insured losses are likely to range between EUR 2.0 – 3.0 billion (USD 2.2 – 3.3 billion) The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions,...
Exploding pagers in Lebanon spur theories on sabotage method
Deepa Kundur, professor of electrical and computer engineering at the University of Toronto, said she suspects it was a “supply chain deployment. In such an attack, the perpetrator would infiltrate the pager’s upstream supply chain to manufacture a critical component...
Presence of carcinogenic chemicals in cars NGT issues notice to BIS and MoRTH
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a media report regarding the use of two flame retardant chemicals inside cars - - TDCIPP and TCEP - - which were carcinogenic New Delhi: The National Green Tribunal (NGT) has...