The report said that there has also been no significant impact on...
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France uses tough, untested cybercrime law to target Telegram’s Durov
Pavel Durov, CEO, Telegram The so-called LOPMI law, enacted in...
Howden forays into Japanese captive consulting and management markets with acquisition of Foresight
Takuya Aibe as CEO of Howden Japan’s retail business Foresight is...
Shipping industry and insurers face uncertain new fuel risks and rule
To reduce emissions of toxic sulfur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulfur fuel or install exhaust gas cleaning systems from Jan. 1.
AXA XL announces Collaboration with Slice Labs and Microsoft to Improve Cyber Risk Management
“This new level of integration with Microsoft and Slice Labs reinforces the fact that insurance is no longer an after the fact product that companies should use as a band-aid when an incident occurs,” said John Coletti, Chief Underwriting Officer, AXA XL’s cyber insurance team in North America. “We’re excited to bring a solution to market that only large enterprises have procured in the past to SMB’s who need it just as badly.”
WTW partners with Tricor Hong Kong on people and risk mitigation solutions to its 50,000 global clients
This new partnership will enable Tricor clients base of Fortune 500 listed companies access to offerings and services from Willis Towers Watson (WTW), which include workforce protection and risk transfer solutions. WTW will also complement Tricor’s business solutions and facilitate companies, with mainland Chinese business footprint, in their expansion into the growing markets in Asia, as well as support companies at every stage of their pre-and-post IPO process.
Delhi Anaj Mandi fire: 43 dead, several critically injured, probe ordered
The massive blaze ripped through the four-storey building housing “illegal” manufacturing units in congested Anaj Mandi area in Filmistan locality.Police and fire department officials said most of the fatalities occurred due to suffocation as many people were sleeping when the fire started around 5 am on the second floor of the building that did not have fire safety clearance
Pirates Hijack Fully Loaded Supertanker Off Nigeria, Kidnapping 19 Crew
The waters of the Gulf of Guinea have suffered from sporadic incidents of piracy for a few years, but an attack on a supertanker is a rare event. Nigeria suffered a spate of militancy that crippled its oil industry in 2016, but it rarely strayed into shipping.
Uber received 3,000 reports of sexual assault in U.S. in 2018
It said it received 235 reports of “non-consensual sexual penetration” last year and 280 of “attempted non-consensual sexual penetration” – nearly all filed by women. The remaining assault reports included incidents of unwanted kissing or touching of body parts.
Saudi Aramco pursues war cover after attacks – sources
Aramco, the world’s largest oil company, has been looking for cover from insurers including those based at Lloyd’s of London and elsewhere in the London market.Available insurance options range from cover against a terror attack or sabotage through to full coverage, which includes war or civil war, along with compensation for the cost of business
Over two-thirds of firms have suffered a political risk loss: Willis Towers Watson survey
Most respondents (71%) stated that the emphasis on political risk management at their company had increased since 2018, and nearly 40% felt that they were facing more pressure from investors regarding political risk management. The survey found that recent developments such as the China-US rivalry and the sanctions that have arisen as a result have made political risk more tangible.
Cabinet clears personal data protection bill
The Bill is likely to contain broad guidelines on collection, storage and processing of personal data, consent of individuals, penalties and compensation, code of conduct and an enforcement model.
IndiGo asks pilots to stop pushing Airbus engines to limit after shutdowns
All the budget airline’s A320neo aircraft now use a lower thrust setting following take off, according to a spokeswoman from IndiGo, which has suffered 13 engine shutdowns during ascents this year. The decision was taken “in order to make every possible effort to minimize exposure of engines,” she wrote in an email, adding that manufacturer Pratt & Whitney stated there’s no evidence of a connection between climbing procedure and engine incidents.