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Embracing 2025: Year of Purpose & Opportunities
2024 has been a pivotal year for the Indian insurance industry,...
Fiery crash kills at least 179 in worst airline disaster in South Korea
The ministry also confirmed the casualties in the deadliest air...
Centre’s social media regulation lacks teeth, says Supreme Court
The top court said that there is nothing in the rules to control the inappropriate content on these platforms and without legislation it may not be possible to control it.
A perusal of the Rules indicate that the Rules are more and more in the form of guidelines and have no effective mechanism for either screening or taking appropriate action for those who violate the guidelines, the bench said in its order.
Examine measures in pending legislation for regulation of online health service aggregators: HC to Delhi govt
“Besides, these online aggregators are not accredited by any accreditation agency. The existence of such illegal online diagnostic aggregators are posing serious health challenges as a large number of people are falling prey to the attractive health packages being offered by these illegal online aggregators,” read the plea.
‘When will it end?’: How a changing virus is reshaping scientists’ views on COVID-19
The scientists now believe that SARS-CoV-2 will not only remain with us as an endemic virus, continuing to circulate in communities, but will likely cause a significant burden of illness and death for years to come.
Govt makes airbag mandatory for front passenger seat in vehicles
“Ministry has issued Gazette notification regarding mandatory provision of an airbag for passenger seated on front seat of a vehicle, next to driver. This has been mandated as an important safety feature & is also based on suggestions of Supreme Court Committee on Road Safety,” it said.
Why world’s power grids are increasingly vulnerable to cyber attacks
“Essential state infrastructures like power grids and nuclear reactors have been and will continue to be a target of cyber attacks because modernization allows internet connectivity, which makes them vulnerable,” said Kim Seungjoo, a professor at Korea University’s School of Cybersecurity.
“It’s almost a natural instinct of hackers, especially the state-sponsored ones, to attack energy infrastructure because they can easily disrupt national security.”
Stand-alone cyber insurance products to benefit both insurers and policyholders:S&P
Although cyber attacks and the resulting financial losses are on the rise, the cyber insurance market is underdeveloped. Cyber cover is often bundled into existing property or liability insurance policies, and in some cases, the policies do not explicitly include or exclude cyber cover at all. This gives rise to “silent cyber”, or the risk to insurers of losses from cyber-related claims on existing property or liability insurance policies.
India’s Supreme Court says favours controls on video streaming services
“We are of the view there should be some screening of these types (of content). What they are showing? They are showing pornography also,” Supreme Court Justice Ashok Bhushan said.
Traditional film viewing in India, home to the thriving Bollywood industry, has changed as fewer people go to cinema halls and web series have become common, Bhushan said.
Generali CEO says insurers can’t handle pandemic risk alone
“When the risk becomes systemic it is no longer insurable and obviously we need to use public money,” he said.
Donnet said the European Union and member states should work with the insurance and reinsurance industries to improve protection across the bloc.
45% of Indian online users hit by local threats in 2020
“The threat landscape in India, as well as in the APAC region, has been constantly evolving and the threats are becoming more and more sophisticated and targeted in nature,” said Saurabh Sharma, Senior Security Researcher (GReAT), Kaspersky (APAC).
Aon and Praedicat to address insurers’ emerging risks in casualty sector with specialist solutions
New collaboration to develop a range of specialist liability reinsurance solutions that address product liability risks including nanomaterials and 5G