The Pacific region is highly prone to powerful earthquakes and...
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Creating realistic deepfakes getting easier than ever, fighting back may take even more AI
Researchers, public policy experts and technology companies are now...
Microsoft restores services to Nayara ahead of HC hearing
Earlier this week, Microsoft suspended its services to Nayara...
Japan earthquake deaths top 100, insurance losses manageable
Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said "While the earthquake losses would...
India orders new drug-making standards after overseas deaths
"The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...
Govt to bring more products under mandatory quality norm: Goyal
''In future, more products will be brought under the Quality Control Order(QCO). I believe we will be covering 2,000-2,500 products. Our commitment to the quality will be so strong that every product/service available in India will be of higher quality'' Consumer...
Red Sea crisis may push shipping cost by up to 60 pc, insurance premiums by 20 pc: GTRI
The Houthi conflict's disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as it is...
Alaska Airlines flight makes emergency landing after midair blowout of window
Hours after the terrifying incident, Alaska Airlines announced that it would ground its entire fleet of 65 Max 9s for inspections and maintenance. CEO Ben Minicucci said Alaska expects the inspections to be completed “in the next few days.” India’s aviation watchdog...
APAC sovereigns exposed to flooding risks, have limited capacity to adapt: Fitch
In South Asia, Bangladesh is the most prone to the risk of flooding. The materialisation of climate risks in these regions could lead to high economic losses. The cost of relocation from flood-prone areas and rebuilding following floods could be high, leading to...
India providing security escort for container ships around Red Sea
Containers could face delays of 14 days in their turnaround time due to the longer route which is also causing higher transport and insurance costs, the source, who spoke on condition of anonymity, added New Delhi: India's defence ministry is providing protective...
Hackers tap social engineering, AI to drive more cyber attacks in 2024
“Cybercriminals are exploiting the biggest vulnerability within any organization: humans. As progress in AI and analytics continues to advance, hackers will find more inventive and effective ways to capitalize on human weakness in areas of (mis)trust, the desire for...
MS Amlin launches Financial Lines cover in Middle East
The Middle East’s financial landscape is rapidly evolving. With increasing M&A and IPO activity, and tighter regulatory requirements, businesses need specialised insurance solutions to navigate the complexities they face. DUBAI: MS Amlin, the Lloyd’s global...
Capital supports ‘Smooth’ January 1 Renewals for Cedants: Aon
The report revealed that, in contrast to 12 months earlier, the key renewal period proceeded ‘relatively smoothly’, as a rebound in profitability and capital positions, and greater availability of retrocession capacity, encouraged many reinsurers to display increased...