Gartner's key predictions include a significant increase in...
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DGCA says no ‘major safety concerns’ on Air India’s Boeing 787 fleet
It advised the airline to strengthen internal coordination across...
Air India’s Ahmedabad crash claim likely to hit around $475 million, liability losses can touch $350 million, says GIC Re
As surveyors and lawyers from London, appointed by reinsurers of...
London marine insurers widen high risk zone in Red Sea as attacks surge
Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza London: London’s marine insurance market has widened the area in the Red Sea it deems as high...
Generative AI can add cumulative USD 1.2-1.5 trillion to India’s GDP by FY30: EY
The two primary challenges faced by organisations currently are skills-gap (52 per cent) and the availability of unclear use cases (47 per cent), while only 36 per cent organisations see data privacy as the risk of Gen AI Generative artificial intelligence (Gen AI)...
US news publisher sues Google for ‘siphoning off’ ad revenue via AI tech
The lawsuit claimed that Google's recent advances in AI-based search were implemented with "the goal of discouraging end-users from visiting the websites of Class members who are part of the digital news and publishing line of commerce." A US-based news publisher has...
China issues draft plan for data security incidents
The plan, which is currently soliciting opinions from the public, proposes a four-tier, colour-coded system depending on the degree of harm inflicted upon national security, a company's online and information network, or the running of the economy Beijing: China on...
Arsenic, fluoride, other heavy metals in ground and drinking water across multiple states: Parl panel alerts Centre
"This contamination is contributing to severe health issues such as cancer, skin diseases, cardiovascular disease, and diabetes among the inhabitants in affected regions and states." New Delhi:A Parliamentary panel has alerted the Central government in its recent...
CERT-In issues warning for some Samsung phones, advises urgent update
"Multiple vulnerabilities have been reported in Samsung products which could allow an attacker to bypass implemented security restrictions, access sensitive information and execute arbitrary code on the targeted system," said the CERT-In in its advisory. New Delhi:...
Healthcare providers to join US plan to manage AI risks – White House
Companies that sign the commitments pledge to develop AI uses responsibly, including solutions that advance health equity, expand access to care, make care affordable, coordinate care to improve outcomes, reduce clinician burnout and otherwise improve the experience...
US regulators add artificial intelligence to potential financial system risks
Janet Yellen,Treasury Secretary ,US The Financial Stability Oversight Council, which comprises top financial regulators and is chaired by Treasury Secretary Janet Yellen, flagged the risks posed by AI for the first time in its annual financial stability report It also...
Swiss Re acquires Fathom, a leader in water risk intelligence
Russell Higginbotham, CEO of Swiss Re Reinsurance Solutions, said: "We are very pleased to join forces with Fathom in our quest to narrow the protection gap for natural catastrophe risks, such as floods. Fathom's market-leading research and innovative tools in this...
Irdai chief stresses spreading of natural calamity covers in high-risk regions
Debasish Panda, Chairman,Irdai, is addressing an international seminar on ``Enhancing Insurance Inclusivity & Bridging the Protection Gap in India’ organised by National Insurance Academy in Mumbai Releasing the report, Irdai Chairman Debasish Panda said spreading...