Under the new measures, parents will be able to reduce exposure to...
Category:
Risk Management
Latest
Tata Motors’ outlook cut to ‘negative’ by Moody’s after cyber-attack halts JLR production
The cyber incident at JLR has highlighted customer relations risk...
Govt proposes sound alert system for all electric vehicles from October 2027
The ministry in a draft notification said that all new models of...
Embarking ESG: Changing Investment Paradigm
While the integration of ESG in the life insurance sector presents numerous opportunities, it also comes with challenges. The primary challenge lies in the lack of standardized ESG data and ratings, which can lead to inconsistencies and difficulties in comparison S P...
Insurance premiums for climate resilience and NatCat protection are set to increase by 50% by 2030, to reach $200-250 billion, says report
Whilst insurance promises to be a great enabler to unlocking the transition and adapting economies to a new climate era, it will require a paradigm shift in how risk management is prioritised if climate finance is to be deployed and businesses are to secure their...
Cost of new drug development is key concern for life science as focus shifts to repurposing: WTW Survey
The survey also revealed that regulation and reputation risk have risen to the top of the life science agenda as companies feel pressure on a range of issues such as increasing regulatory activity post-Covid, U.S. drug price controls, rising data privacy concerns, ESG...
‘Lab-grown’ meat maker hosts Miami tasting party as Florida ban goes into effect
Earlier this year, Florida and Alabama banned the sale of cultivated meat and seafood, which is grown from animal cells. Other states and federal lawmakers also are looking to restrict it, arguing the product could hurt farmers and pose a safety risk to the public...
Canopy collapses at Rajkot Airport, 3rd such event in 3 days
As per the Ministry of Civil Aviation sources, the canopy broke during the maintenance work to push out water accumulated in the canopy. No one was injured in the incident Rajkot: A day after the canopy collapsed at Delhi's Indira Gandhi International Airport, in...
BJP’s women wing calls for probe into Foxconn India hiring practices
Foxconn hiring agents and HR sources interviewed by Reuters cited family duties, pregnancy and higher absenteeism as reasons why Foxconn did not hire married women at the plant. The story has sparked debates on TV channels and newspaper editorials New Delhi: The...
Insurance Awareness Day: Industry Leaders Lay Out Action Plans
The journey towards widespread insurance coverage begins with informed individuals and families. India's insurance penetration rate for 2023-24 is anticipated to be 3.8%, with life insurance penetration expected to be 2.9%. These figures underscore the pressing need...
Dispelling Myths: Insurance Ideas
Insurance awareness doesn't stop at understanding the importance of insurance or the urgency to purchase it; knowing how much coverage is sufficient is also a key challenge that we, as insurers, aim to address Vikas Mittal, Deputy CEO, Magma HDI General Insurance In a...
Centre to conduct thorough check of airports, says Civil Aviation Minister
Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, who visited the Terminal-1 site soon after the incident, said, "We will conduct a thorough check on all the airports that come under our purview…we will make the necessary report and see if there is a...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years as countries pivot away from fossil fuels and expand the use of clean energy and vehicles. The growing demand has increased the number of battery producers around the globe, with fires breaking out...