Central to the package is a lower price cap on Russian oil – a move...
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Banks need to build resilience against cyber threat: DFS Secretary
Financial Services Secretary M Nagaraju Launched in December 2024,...
Central drugs laboratories find 55 samples to be ‘not of standard quality’ in June
These drugs were manufactured by an unauthorized entity using a...
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,...
Cyber insurance: Indian market set to witness exponential growth, Deloitte’s report
Indian cyber insurance market is valued at USD 50-60 million, maintaining a steady 27-30 per cent compound annual growth rate (CAGR) in the past three years Anand Venkatraman, Partner, Risk Advisory, Deloitte India, said, "Despite the current market fluctuations and...
CCI plans market studies on impact of artificial intelligence on competition landscape
``We are looking at doing some market studies on that, so that we can understand the market better. We can look at whether there is any possibility of anti-competitive practices and if so, how they can be addressed. Whether we can even do a self-regulation. That is...
Sundarbans records highest drowning mortality rate among children across globe: Report
In the Indian part, Sundarbans is spread over 100 islands and has around 40 lakh inhabitants. Of the total population, around 15.9 per cent are children aged between one and nine and has a mortality rate of 38.8 per lakh population among children aged between five and...
American Heart Association proposes adding kidney disease to heart risk
Cardiovascular-kidney-metabolic affects nearly every major organ in the body, including the heart, brain, kidney and liver. However, the biggest impact is on the cardiovascular system, affecting blood vessels and heart muscle function, the rate of fatty buildup in...
Measures in place to ensure safety of employees at Israel’s Haifa port APSEZ
"We are closely monitoring the action on ground which is concentrated in south Israel, whereas Haifa port is situated in the north.We have taken measures to ensure safety of our employees and all of them are safe," spokesperson of Adani Ports and SEZ Limited said New...
Israel-Hamas conflict: Major airlines suspend Tel Aviv flights until conditions improve
US air carriers United Airlines, Delta Air Lines and American Airlines said they had suspended direct flights.Air France, Lufthansa, Emirates and Ryanair also pulled flights to Tel Aviv’s Ben Gurion airport PARIS/NEW YORK: Several international air carriers said on...
Star Health Insurance launches Surrogacy Cover and Oocyte Donor Cover at no additional premium
“The policy requires that certain terms & conditions are followed for the cover to be applicable, namely, the intending couple, surrogate mother and treating hospital must adhere to the guidelines of the Surrogacy Act and ART Act. Also, Surrogacy and Oocyte...