Ramaswamy Narayanan, CMD, GIC Re Ramaswamy Narayanan, GIC Re...
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Risk Management
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T’gana pharma plant explosion: Sigachi says unit fully insured, assures support to affected persons
"The Hyderabad facility is fully insured, and we are in the process...
Gulf shipping costs drop as Israel-Iran ceasefire holds
Shipping rates for supertankers, which can carry 2 million barrels...
Nations strike deal at COP28 to transition away from fossil fuels
“It is the first time that the world unites around such a clear text on the need to transition away from fossil fuels,” said Norway Minister of Foreign Affairs Espen Barth Eide Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday...
Google’s court loss to Epic Games may cost billions but final outcome years away
Epic Games will now have a chance to submit a court filing on how it wants Google’s Play Store to be fixed — potentially putting at risk what Wells Fargo estimates is $10 billion in annual revenue from app sales and in-app purchases for the tech giant Google’s...
Road crash deaths down by 5% globally, numbers in India continue to rise: WHO
Nine in 10 deaths occurred in low and middle-income countries, and fatalities in these countries are disproportionately higher when set against the number of vehicles and roads they have New Delhi: Thirty-five more countries made notable progress, reducing the deaths...
Key risk trends for Directors and Officers in 2024: Allianz
Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated, and ESG claims are here to stay and proving challenging. D&Os need to be prepared for these headwinds and have a strategy that can adapt when presented with a block to the...
Reinsurer Scor made aware of attempted fraud
“Scor urges you to be extremely vigilant and not to respond without prior verification to any payment request made by email, telephone or social networks. The aim of these fraudsters is to improperly collect personal data or to solicit a bank transfer or electronic...
T-shirt weather in December is a sign of what winter has in store
“Due to this year’s El Niño being quite strong, its influence should be apparent,” commercial forecasting firm NatGasWeather said in a note to clients this week. With temperatures worldwide smashing records earlier in 2023, “this exceptionally warm global background...
Korea sees risks to financial firms from overseas property
The message comes after the country’s pension funds, insurance companies and asset managers plowed billions of dollars into properties and risky real estate loans across the globe in the run up to the pandemic, leaving them under scrutiny as losses start to pile up....
Google’s Epic legal defeat threatens $200 billion app store industry
The loss — handed down by a San Francisco jury on Monday — is a blow to the two companies’(Google and Epic Games Inc) business model in apps, where they charge commissions of as much as 30 per cent to software developers who typically have few other options. Google’s...
GenAI: Breakthrough Technology for Innovative Marketing
Gagandeep Gadri, Managing Director of frog, part of Capgemini Invent, said, “The future of marketing will undeniably be influenced by the widespread adoption of generative AI to deliver personalized content and communication; it’s value realization will need a fusion...
Tesla cars will automatically call 911 if you get in a crash
The company highlighted features like Apple Podcasts support, rear-screen Bluetooth headset support, an updated version of the park assistance with 3D visuals, and new blind spot indicators San Francisco: Elon Musk-run Tesla has announced a number of new updates,...