William Altman, Director of Cyber Threat Intelligence Services and...
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Risk Management
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Govt,GIC Re and New India stitch up $100 million`Bharat Marine Pool’ with a sovereign guarantee, to re/insure war risks for vessels
The BNP will provide three kind of covers- Hull, Cargo and...
Financial Intelligence Unit-India, Indian Cyber Crime Coordination Centre sign MoU to combat cyber fraud and financial crimes
The collaboration comes at a juncture where India's digital payment...
Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management
"To strengthen the confidence of private developers regarding risks during nfrastructure development and construction phase, I propose to set up an Infrastructure Risk Guarantee Fund to provide prudently calibrated partial credit guarantees to lenders," New...
Budget-26-27:FM bets big on India’s Green Future: Rs 20,000 crore boost for carbon capture revolution
Carbon Capture, Utilisation and Storage(CCUS) involves capturing carbon dioxide emissions from industrial sources, utilising the captured CO2 in products like chemicals or enhanced oil recovery, or storing it permanently underground to prevent atmospheric release. The...
Southern Africa floods killing 300 fueled by global warming
An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in December, the...
AI171 crash probe: AAIB assessing various aspects; nothing has been ruled out, says source
All aspects related to technical, operational, organisational and human factors are being looked into, and it is a very complex process. Certain components of the aircraft are also being examined by AAIB, the source said New Delhi: The Aircraft Accident Investigation...
Geopolitical tensions raise emerging market credit risks in 2026
``Potential pressures stemming from geopolitical events are among the risks to our base-case expectation that the macro-credit environment for emerging markets this year will be net neutral relative to last year,'' observed Fitch. London: Geopolitical risks, including...
Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers
The total policy sum insured for excess moisture and drought parametric coverage was Rs 1.5 crore for around 2,200 acres of land spread across four districts: Tonk in Rajasthan and Gorakhpur, Jaunpur and Varanasi in Uttar Pradesh. Bengaluru: Go Digit General Insurance...
SC agrees to hear pleas related to June 12 Air India plane crash
On September 22, while entertaining the plea of the NGO, the top court termed as “unfortunate and irresponsible” the selective publication of a preliminary report on the Air India crash, which outlined lapses on the part of pilots and paved the way for a “media...
Crashed aircraft killing Ajit Pawar solely insured by ICICI Lombard General for Rs50 crore, has reinsurance support
ICICI Lombard General Insurance has reinsurnace support for providing the cover to the business aircraft by ceding manadatory four per cent to state owned GIC Re along with a treaty policy wth Munich Re The Learjet 45 (LJ45), a mid-size business jet aircraft produced...
Nvidia unveils AI tools and models for faster weather forecasting
Mike Pritchard, the director of climate simulation research for Nvidia and a professor of earth system sciences at the University of California, Irvine, said that one of the practical business applications of the new weather models will be in the insurance industry....
European Airlines halt West Asia flights on US-Iran tensions
The cancellations underscore how quickly geopolitical tensions can spill over into civil aviation. The disruption followed comments from President Donald Trump that the US has deployed naval assets to the Middle East, renewing concerns he may follow through on threats...