Among other defects, the regulator found that a simulator was not...
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Iran-Israel conflict: Re/insurers face complex set of financial, operational, and strategic risks
The Iran-Israel conflict is, in many ways, a stark reminder of the...
Aon launches Aon Broker Copilot to modernize insurance placement with AI and data at scale
" "The industry is undergoing a fundamental shift. As risk becomes...
Dabur India’s units face lawsuits in US, Canada alleging products caused cancer
Dabur India, which sells Vatika Shampoo and Honitus cough syrup brands, said it could not determine the financial implication due to settlement or verdict outcome at this stage but expected the defense costs to breach the materiality threshold in the near future New...
Lloyd’s approves Oka syndicate-in-a-box 1922, to focus on solution to protect against buyer-side carbon credit risks
The volume of carbon credit purchases has quadrupled over the past four years, with the market expected to grow exponentially as corporations make commitments to achieve net zero targets as a priority LONDON: Asta, the leading third-party managing agent at Lloyd’s,...
ILO and WHO review social protection impact in reducing socio-economic damage of next pandemic
Mia Seppo, ILO Assistant Director-General for Jobs and Social Protection, highlighted the complexity of the issues involved. “We see the discussions on a strengthened framework for prevention, preparedness and response as an opportunity to drive the point home that to...
Deadly Indonesian cough syrup was almost pure toxin, court papers show
The criminal case comes as efforts grow worldwide to tighten oversight of drug supply chains after a wave of poisonings linked to contaminated cough syrups that killed dozens more children in countries such as Gambia and Uzbekistan An Indonesian drugmaker whose cough...
Cat bond market is defying the global selloff with record returns
Big reinsurers like Swiss Re and Munich Re, as well as some real-economy companies, have increasingly looked to cat bonds as they try to protect themselves from once-in-a-lifetime disasters. In July, Blackstone Inc. turned to cat bonds to shield property assets from...
Govt aims to bring 1,500-2,000 products under mandatory quality certification in next 2-3 years: Goyal
Piyush Goyal,Food and Consumer Affairs Minister This year's theme has been centred on the pursuit of SDG-3 - ensuring accessible and safe healthcare for all.It is not just medical devices that need to conform with standards but the entire process in the...
Risk monitoring helps Air India prevent revenue loss of over Rs 3 cr
Airlines are a high-profile target for fraudsters, whether it be attempts to use stolen credit cards on our websites, to fraudulently claim frequent flier miles, or other scams, Wilson said Mumbai: Full-service carrier Air India has prevented revenue loss of over Rs 3...
Recording conversations without person’s knowledge violates privacy rights
The HC observed that the husband recording his wife's phone conversation without her knowledge amounts to violation of her right to privacy and also the petitioner's right guaranteed under Article 21 of the Constitution Bilaspur: The Chhattisgarh High Court has ruled...
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,...