In 13 countries with increasing trends in both age groups, the...
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Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy
"Safe and trusted AI is when you do the innovation, try and be...
Aon and EBRD launch innovative war risk insurance facility for Ukraine
Under the new €110 million Ukraine Recovery and Reconstruction...
NHAI to fine up to Rs 10 cr for major lapses in structures
“In order to deal with the lapses in highway development, NHAI has issued a strict policy to decide penal action against defaulting firms/ personnel if there are any lapses in construction standards of bridges/ structures/approaches to structure etc by the Concessionaires/ Contractors / Consultants,” NHAI said in a statement.
No violation of data privacy under National Digital Health Mission, Rajya Sabha told
Providing the current status of roll out of health id under NDHM, Minister of State for Health Ashwini Choubey said the pilot phase of the mission is active in the Andaman and Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman and Diu, Ladakh, Lakshadweep and Puducherry.
As on January 21, as many as 6,30,478 Health IDs have been generated. The selection of vendors for NDHM is compliant with various applicable rules and policies of the government, he said.
Swiss Re and Diameter Health join forces for breakthrough in digital health data
First ever scalable solution to use electronic clinical health data for life insurance underwriting.Will greatly help life insurers improve the speed and quality of their
underwriting
COVID-19: Scientists develop new tool that may help decontaminate viruses in aerosols
Over the course of the COVID-19 pandemic, studies have found that the novel coronavirus SARS-CoV-2 spreads via aerosols that can be generated and spread through breathing, coughing, sneezing, or talking by infected individuals.
Suspected Russian hackers gained edge through tech firm attacks
“Attackers are getting more sophisticated, and pursuing persistence over time instead of smash and grab techniques,” said Jim Jaeger, a former U.S. Air Force brigadier general who is now president and chief cyber strategist at the cyber investigations firm Arete Advisors LLC. “Now they’re aspiring to use cyber-security tools to get inside our networks. They’re taking our safeguards and using them against us.”
Empty halls, cancelled shots: France’s COVID vaccine rollout falters
Europe faces a vaccine shortfall because Pfizer and Moderna have temporarily slowed supplies, while AstraZeneca said it would reduce volumes allocated to the European Union in the first quarter due to production issues.
IRDAI chief cautions India Inc on Cyber Risks, 14 general insurers issue 38,000 individual cyber covers
Khuntia was addressing “ The Global Cyber Insurance Summit 2021”,the first -ever such international event organised virtually, on Friday,by GIC Re, Data Security Council of India and City of London Corporation, to identify and discuss leading cyber risks faced by corporates
According to a senior Marsh India official , not more than 400 to 500 Indian corporates that have bought cyber policies
The average policy size of a cyber insurance policy, in the BFSI segment, ranges from $ 1-50 million while a few have taken covers for $ 300 million and the largest policy size in this segment is at $ 400 million.
IRDAI rejects insurance brokers’ demand for life time licenses
`One of the demands of the brokers was to have their licenses in perpetuity. We can’t accept it. The current system, where each broker has to renew his license in every three years, is perfectly fine. Even,in some countries, the insurance brokers need to renew their licenses in every two years.’’said Subhash Chandra Khuntia, chairman,IRDA whiile addressing the 17th Annual Insurance Insurance Brokers’ Summit organized by Insurance Brokers Association of India (IBAI)
I
India needs a healthcare regulator, will facilitate premium reduction:Economic Survey
The mitigation of information asymmetry, that will be ensured by the proposed healthcare regulator,would also help lower insurance premiums, enable the offering of better products and help increase the insurance penetration in the country,said the pre-Budget document tabled in Parliament on Friday.
Indians feel ordering in food is safe, but online dating is the least-secured activity
McAfee Corp. on Wednesday announced findings from its’2021 Consumer Security Mindset Report’, revealing that while the shift to a digital-first life was brought on by the global pandemic, Indian consumers have shown an increased online footprint.
Activities like online banking(68 per cent), financial planning (55), and personal shopping (63) were at the top of the list.