The attacks have also effectively brought oil and LNG shipments...
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Risk Management
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Middle East Crisis:Global Marine re/insurers issue notices of cancellation(NOC) under standard 7-day war clauses
Additional premiums for vessels transiting high-risk waters are...
Baramati plane crash: Visibility was below required level when accident happened, says AAIB initial report
In its safety recommendations, AAIB said operators of uncontrolled...
Thane MACT grants Rs 26.25 lakh compensation to kin of woman killed in 2021 accident
Judge R V Mohite on Friday directed Reliance General Insurance Co. Ltd and the owner of the car involved in the accident to jointly and severally pay the compensation with 9 per cent interest per annum (from the date of filing of the petition) within one month. Thane:...
Goyal launches integrated state city logistics plans
The exercise will help assess existing logistics infrastructure, identify gaps, and provide a roadmap for improving efficiency and reducing costs. The plan will be replicated nationwide to ensure smoother movement of goods, enhanced competitiveness, and stronger...
Cyberattack disrupts check-in systems at major European airports
London Heathrow Airport, Europe's busiest, said a technical issue affected a service provider for check-in and boarding systems However, Indian airports have not faced any adverse impact so far in relation to the cyber attack on systems used at various European...
Consumer Affairs Ministry activates dedicated INGRAM portal to handle GST-related complaints
This category features major sub-categories, including Automobiles, Banking, Consumer Durables, E-commerce, FMCG and others, wherein GST-related complaints will be registered New Delhi: The Ministry of Consumer Affairs and Food & Public Distribution on Saturday...
Climate change may up health risks, exceed $1.5 trn productivity loss by 2050: Report
“We are entering an era in which protecting worker health is proving essential to business continuity and long-term resilience,” said Eric White, Head of Climate Resilience, World Economic Forum Geneva: The rise in global temperatures is likely to cause severe health...
Gallagher teams up with Vanguard Tech to support clients with maritime risk and security insight
Gallagher can now provide clients with a tool which helps to estimate risk and an in-depth, automated assessment on vessel safety at the outset and throughout its passage, meaning the likelihood of an incident is vastly reduced and insurers receive an added level of...
MobiKwik fraud triggers demand for deeper probe into fintech platforms
Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
Boeing, Honeywell sued by Air India crash victim families
The lawsuit filed on Tuesday in Delaware Superior Court blames Boeing and Honeywell , which made the switches, for the crash seconds after Flight 171 took off for London from the Indian city of Ahmedabad. The families of four passengers killed in the June 12 crash of...
AI plane crash Pilot’s father seeks another probe saying AAIB findings tarnished his son’s image
Amid speculations about the cause of the fatal crash after the release of its preliminary probe report on July 12, AAIB had asserted that it was too early to draw any "definite conclusions" on what led to the accident as the investigation was still on and that the...
Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’
The basic tactic: get the victim to open a crypto account, then have them deposit hard currency into what appeared to be a trading platform – but was actually an account belonging to the scammers Duncan Okindo says he was lured to Southeast Asia last year by the...