Tokio Marine GX (TMGX) will offer up to $500 million on any single...
Category:
Risk Management
Latest
Digital platforms have most problematic ads betting real estate cos most violative ASCI
Over two-thirds of the potentially violative ads on the digital...
E-commerce platforms must comply with guidelines on ‘dark patterns’: Food Minister Pralhad Joshi
E-commerce players need to submit an audit report to the department...
Hackers hit aid groups responding to Israel and Gaza crisis
"There's a lot of DDoS attacks happening now, focused on services that people are looking for: rescue services, telco, government services, media – anything that people need at this time," said Gil Messing of cybersecurity firm Check Point. Most websites bounce back...
Israeli cybersecurity professionals band together amid Gaza war
Israeli information security professionals are banding together to provide free cybersecurity services to Israeli companies amid a spike in hacktivist activity sparked by the war in Gaza, volunteers said Israel’s tech industry is, like the country as a whole, in flux,...
Kerala launches insurance cover for MSME sector to safeguard businesses
All MSMEs in the manufacturing, service, and trade sector with UDYAM registration in Kerala, and enrolled in the "Bharat Sookshma/Laghu Udyam scheme" from any of the four public sector insurance firms beyond April 1, 2023, are eligible for benefits under the scheme....
RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms
The central bank also found non-compliance with certain provisions related to 'RBI Guidelines for Licensing of Payments Banks', 'Cyber security framework in banks' and 'Securing mobile banking applications including UPI ecosystem' Mumbai: The Reserve Bank of India on...
RBI showing interest in technology as it impacts world order Deputy Governor T Rabi Sankar
Recent technologies, such as artificial intelligence, synthetic biology, quantum computing and robotics, have the potential not only to revolutionise human and social lives, but also to alter the global order, the RBI deputy governor T Rabi Sankar pointed out He...
4 dead, 70 injured as Delhi-Kamakhya North East Express derails near Bihar
Buxar Superintendent of Police Manish Kumar told PTI four passengers had died in the accident. A Railway Police Force official said at least 70 passengers have been injured and shifted to local hospitals. Those with serious injuries were rushed to AIIMS, Patna...
Early warning system for India’s flooded glacial lake was delayed by a year
In recent years, glacial flood early warning systems have been deployed in China, Nepal, Pakistan and Bhutan as climate change has raised the risks of flooding. The Lhonak Lake system is a pilot project being executed with the help of Swiss agencies, with India’s...
Use of Weather Derivatives surges as extreme climate events rock the globe
Weather derivatives let buyers hedge against the risk that the weather will damage their business. Unlike insurance, where companies must prove they have suffered a loss, they pay out based on indexes. These might track the temperature in Paris or rainfall in New York...
Israel’s ports feel strain as shipping traffic slows after attacks
Israel is among countries in the Middle East already considered a high-risk area by insurers in the London insurance market, a key center for marine insurance cover.Ships pay an additional war risk premium for seven-day voyages to Israel. Since Saturday’s attacks...
Intangible Risks: 80% of global listed companies’ $ 76 trilion digital assets value remains uninsured, says Swiss Re
South Korea came out on top of the Swiss Re's Insurance Digitalisation Index, followed by Sweden, Finland and the US. While advanced markets with strong physical infrastructure and high internet access rates have made most progress in digitalising their economies,...