The insurance regulator would impose a 100% risk charge on...
Category:
Risk Management
Latest
AI,cyber, and climate change will be key insurance themes in 2026, predicts GlobalData
Cyber and climate change/natural catastrophes are also key themes....
Natural disaster blamed for landslide deaths as J-K court quashes plea against Vaishno Devi board
The plea alleged that despite weather advisories issued by the...
Global commercial insurance rates show first quarterly fall in seven years, Marsh says
Marsh said the fall in the composite rate - the first since the third quarter of 2017 - was largely driven by increased competition among insurers in the global property market.On average, composite rates decreased in the Pacific by 6%, in the UK by 5%, in Asia by 4%,...
Data leak:Telegram says it can’t police all chatbots for Star Health
The Madras High Court in the southern state of Tamil Nadu has asked insurer Star Health to help Telegram identify data leaked via its messaging app so the chatbots can be deleted Chennai: The messaging platform Telegram on Friday told an Indian court it cannot monitor...
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...
Market Crash: Investors poorer by Rs 9.19 lakh cr in single day
"There has been no respite from FIIs selling in local equities in the current month so far, which has been creating uncertainty among domestic investors. Also, foreign investors are fleeing Indian equities to invest in relatively cheaper locations such as China,...
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...
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...
Home Ministry seeks reports on series of bomb hoax calls to airlines
In the last 48 hours, atleast 13 bomb threats have been received by various airlines on domestic and international routes, all found to be hoaxes New Delhi: The Ministry of Home Affairs on Wednesday sought a report from the Ministry of Civil Aviation on a series of...
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...