Amid speculations about the cause of the fatal crash after the...
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Risk Management
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Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’
The basic tactic: get the victim to open a crypto account, then...
Jaguar Land Rover cyberattack fallout hits suppliers
German company Eberspächer Gruppe GmbH & Co., which...
Hackers stole ‘Sensitive’ data from Taiwan Telecom giant: Ministry
"The initial analysis of this case is that hackers obtained Chunghwa Telecom's sensitive information and sold it on the dark web, including documents from the armed forces, foreign affairs ministry, coast guard and other units," the defence ministry confirmed in a...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...
Odisha signs MoUs to develop landslide early warning & multi-hazard impact-based warming dissemination systems
These collaborations will strengthen the government’s preparedness for managing disasters through impact based forecasting, early warning dissemination and last mile connectivity. This will empower the people of Odisha to leverage technology to mainstream disaster...
Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P
"With central banks across Asia-Pacific looking to adjust interest rates at different times, relative value of assets and returns, as well as hedging costs, could move," said Craig Bennett, credit analyst at S&P Global Ratings Melbourne: International rating...
Alcohol policies need sharper focus on gender, WHO says
After broad successes in tackling the public health impact of other products like cigarettes, the WHO is increasingly turning its attention to addressing the harms linked to alcohol. It pointed studies that have found the industry increasingly targets women through...
Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks
War risk insurance rates have already reflected the sinking of the Rubymar cargo ship, days after being hit by a Houthi missile on Feb 18, and the first fatalities from the True Confidence, said Munro Anderson, head of operations at marine war risk and insurance...
Govt, exporters to discuss Red Sea crisis issue on March 8
After Yemen-based Houthi rebels have targeted ships in the Red Sea and surrounding waters over the Israel-Hamas war. the shipping costs have jumped and consignments are taking more time to reach Europe and the US as the ships are taking the Cape of Good Hope route,...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt
During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...
RBI directs credit card issuers to give users choice of other networks
"On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers," the Reserve Bank of India (RBI) said in a circular Mumbai: India's central bank on Wednesday said...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship
The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...