Commenting on the findings, Sandesh GS, CTO, Bureau, said, "What...
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Risk Management
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India among 5 nations granted passage through Strait of Hormuz by Tehran
“We have permitted certain countries that we consider friendly to...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen...
Aon launches AI-enabled claims copilot
“It empowers our professionals to turn insight into action, helping clients achieve faster claims resolution, maximize recoveries, and make better informed risk and coverage decisions,” said Joe Peiser, CEO of Commercial Risk at Aon DUBLIN: Aon plc, global...
Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica
Catastrophe insurance backed by catastrophe bonds are part of the World Bank’s Crisis Preparedness and Response toolkit which provides developing countries with an innovative suite of tools to better respond to crises and prepare for future shocks. This includes fast...
Willis launches Data Centre Practice in Asia
The Data Centre sector in Asia is experiencing unprecedented growth, with the region likely to be the fastest growing one for data centre colocation over the next five years.According to Global Data, the pipeline of data centre construction projects is estimated to be...
Super Typhoon Fung-wong slams into Philippines, two dead
The typhoon could cover two-thirds of the Southeast Asian archipelago with its 1,800-kilometre-wide rain and wind band, forecasters said. It approached from the Pacific while the Philippines was still dealing with the devastation wrought by Typhoon Kalmaegi, which...
Data Centers: AI and cloud computing drive global construction boom
According to market research, up to $7 trillion will be spent on data centers by 2030 – a huge sum driven largely by technology companies in the US and China, while Europe lags a few paces behind. The tech industry’s big three, Amazon, Microsoft and Google Cloud,...
Changing Asian Risks: Increasing Competition,Economic Slowdown and Cyber Threats reshape business landscape
“Cyber Attacks/Data Breach” remains the number one risk across Asia. However, in 2025 “Increasing Competition” and “Exchange Rate Fluctuation” have risen sharply, reflecting the region’s dynamic markets and heightened exposure to global financial volatility, finds out...
WEF says AI robotics nanotech to transform agriculture, cites case studies from India
Rising rural-to-urban migration, intensifying climate extremes, and accelerating degradation of natural resources, particularly soil and water, are collectively threatening productivity and endangering the livelihoods that depend on agriculture New Delhi: Citing...
Fintech body flags UPI dominance by American companies, seeks measures for fair competition
In its letter, IFF said the current structure poses "systemic concentration risks" that could stifle innovation and competition over time. It called on the government to take corrective steps to level the playing field for smaller players and sustain diversity within...
UIDAI unveils ‘Aadhaar Vision 2032’ framework to strengthen digital identity through AI, advanced encryption
"The Aadhaar Vision 2032 framework will focus on leveraging cutting-edge technologies such as Artificial Intelligence (AI), Blockchain, Quantum Computing, Advanced Encryption, and next-generation Data Security mechanisms," the ministry said New Delhi: Unique...
Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India
India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 - a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1 billion...