With this decision, the government headed by Prime Minister...
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Risk Management
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Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Still, threat levels for shipping remained high given the Houthis'...
32 airports shut till May 15 as tensions escalate between India-Pakistan
All civil flight activities at these airports will remain suspended...
E-commerce losses due to online fraud to exceed $48 billion globally
This growth will be accelerated by the increasing use of alternative payment methods, such as digital wallets and BNPL (buy-now-pay-later), which are creating new fraud risks "To combat this fraud, e-commerce merchants must implement simple steps such as address...
Singtel’s second unit faces cyber attack weeks after Optus data breach
Last week, Dialog realized “a very small sample” of its data, including some employee personal information, had been published on the dark web. Singapore: Singapore Telecommunications Ltd. said on Monday its unit Dialog faced a cyber attack that potentially affected...
Reliance’s brand new floating production system collides, no one injured
FPSO is a giant ship that not just has machinery to help produce oil and gas lying below the sea surface but also living quarters and work stations. Gangway is a raised platform or walkway providing a passage "Due to rough weather, the gangway from the accommodation...
Munich Re not to invest in or insure new oil and gas fields from April 2023
Furthermore, in its own listed equities and corporates portfolio, as of 1 April 2023, Munich Re will cease to conduct new direct investments in pure-play Oil & Gas companies As of 1 January 2025, Munich Re will require a credible commitment to net-zero greenhouse...
Pilots union opposes granting Boeing 737 MAX 7, 10 cockpit alerting extension
Allied Pilots Association President Capt. Edward Sicher said "Boeing needs to proceed with installing modern crew alerting systems on these aircraft to mitigate pilot startle-effect and confusion during complex, compound system malfunctions." The union representing...
Hospitals and infrastructure are most vulnerable to Cyber risks: Moody’s
“We view not-for-profit hospitals as being highly attractive, data-rich targets with average mitigation measures in place to reduce the impact of a potential cyber event,” the report said Around $22 trillion of global debt rated by Moody’s has a “high” or “very high”...
Swiss Re and Indonesia Re form partnership to support the underwriting decisions of the members Insurance Data Centre Management Agency (BPPDAN)
“Heightened risk awareness in Indonesia is fueling more demand for insurance protection. To remain competitive in a dynamic risk environment, enhancing underwriting performance and portfolio steering are key differentiators for insurance organisations,” said Monami...
South Asia’s poorest city dwellers bear brunt of worsening floods
Worrying about floods is an annual routine for the community, but environmental experts fear its residents - like marginalised city dwellers across South Asia - face even harsher threats ahead as rains becomes more erratic and intense. This summer's deadly inundation...
13 firms ink non-disclosure agreement with govt to use ULIP data
ULIP will give direct and indirect benefits to all logistics stakeholders like verification of drivers and vehicles details in a single click, tracking and tracing of consignment, route optimisation planning, a timely update on the destination of the consignment,...
Govt pushes back six car airbags rule by a year to Oct 2023
Mandating six airbags is part of a renewed push by the road transport ministry to improve safety after Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, died in a recent car crash NEW DELHI: The government will require all passenger cars to have a...