The bench directed that the Standard Operating Procedure (SOP) or...
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OAK Global launches dedicated retro Syndicate at Lloyd’s
The newly formed syndicate has received in principle approval to...
Global reinsurance sector to experience moderate deterioration in 2026:Fitch
Abundant capacity and rising competition across most property lines...
Fitch cuts China’s ratings outlook on growth risks
"The outlook revision reflects increasing risks to China's public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth model," Fitch...
IDF announces plans to facilitate investments in resilient infrastructure in emerging markets
Philipp Hildebrand, Vice Chairman of BlackRock, said,``“BlackRock is delighted to partner with a group of our most strategic insurance investors to help advance their objective of building greater resilience against climate change and other natural disasters in...
Global trade growth to rebound this year; geopolitical tensions pose downside risks: WTO forecast
WTO Director-General Ngozi Okonjo-Iweala said, “We are making progress towards global trade recovery, thanks to resilient supply chains and a solid multilateral trading framework, which are vital for improving livelihoods and welfare New Delhi: The global trade growth...
US federal court orders Philips to restrict production of sleep apnea devices
The agreement followed the recall of millions of breathing devices and ventilators used to treat sleep apnea in 2021 because of concerns that foam used to reduce noise from the devices could degrade and become toxic, carrying potential cancer risks A US federal court...
Beware of deepfake of CEO recommending stocks, says India’s National Stock Exchange
"Such videos seem to have been created using sophisticated technologies to imitate the voice and facial expressions of Ashishkumar Chauhan," the NSE said Mumbai: India's National Stock Exchange (NSE) on Wednesday cautioned investors against deepfake videos of its...
Majority customers surveyed admit facing cashback trap online: Report
Central Consumer Protection Authority (CCPA) has identified 13 types of "dark patterns" that amount to misleading advertisement or unfair trade practice or violation of consumer rights, including subscription trap, bait and switch, drip pricing, etc A majority of...
Swiss women win landmark climate victory at human rights court
The Swiss government had violated the human right to a private and family life, by failing to put in place sufficient domestic policies to tackle climate change.This included a failure to quantify, through a carbon budget or otherwise, national greenhouse gas...
Tata AIA Life Insurance chooses SAS for IFRS 17
Tata AIA Life Insurance Company has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. SAS will collaborate with Tata AIA Life Insurance to address the reporting requirements...
March marks yet another record in global heat
"It's the long-term trend with exceptional records that has us very concerned," C3S Deputy Director Samantha Burgess told Reuters. "Seeing records like this - month in, month out - really shows us that our climate is changing, is changing rapidly," she added The world...
AI will be smarter than smartest human next year, says Elon Musk
Elon Musk,CEO,Tesla "If you define AGI (artificial general intelligence) as smarter than the smartest human, I think it's probably next year, within two years," Musk said when asked about the timeline for development of AGI Tesla CEO Elon Musk on Monday predicted...