The National Human Rights Commission has also appointed a ‘Special...
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New Global Climate ‘Loss and Damage’ Fund names first director
Ibrahima Cheikh Diong,director-designate,The Fund for Responding to...
FIR against some X users for spreading ‘misinformation’ that ‘Amul’ ghee used in Tirupati laddus
These X users spread misinformation that ghee sold under the Amul...
AIR publishes its catastrophe exposure data schema publicly
“Across the insurance industry, as less time is spent converting formats or ensuring consistency among data sets, stakeholders will have more time to focus on improving the quality of their underlying data and making better risk management decisions,” said Bill Pieroni, CEO, ACORD
DGCA issues safety directions after incidents of planes overshooting runways
It added that while adhering to the minimum cockpit experience, which has already been laid down by the DGCA, the airlines should carry out their own “risk assessment” before conducting operations during adverse weather conditions.
G20 leaders vow to prevent use of internet for terrorism, extremism
“We issue this statement to raise the bar of expectation for online platforms to do their part. We, the leaders of the G20, reaffirm our strongest condemnation of terrorism in all its forms and manifestations,” they said.
Cyber Liability: the last frontier of the insurance
Buyers are turning to carriers for comprehensive pre-breach and post-breach cyber risk management services, and carriers are responding, either directly or by offering these services through third parties. Some of these services include network vulnerability scanning, penetration testing both internally and externally of the network, assistance with business continuity planning, GDPR readiness and more
Cyber risks are jeopardizing M&A Deals
Of more than 2,700 information technology and business decision makers surveyed by Forescout Technologies Inc. in seven countries, 53% reported that their organization had encountered a critical cybersecurity issue or incident that put an M&A deal in jeopardy. And 65% of respondents said they had experienced buyers’ remorse because of cybersecurity concerns after closing a deal.
RMS releases underwriting tools deliver rapid, site-specific insights
Karen White, CEO of RMS, said: “We have listened to the market, and to our clients. We know that there are times when full in-depth analysis is essential and there are times when immediacy of information is paramount. With our expanding suite of data solutions, a consistent and superior view of risk from underwriting up to portfolio management is now possible. RMS Location Intelligence API and SiteIQ can deliver immediate results at the times when they are needed the most for our clients.”
Discovery of new risk with Boeing 737 to prolong grounding
The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with a software upgrade or will require a more complex hardware fix, sources with knowledge of the matter told Reuters.
US-bound Air India plane gets bomb threat, escorted to UK by fighter jets
“An Air India Boeing 777 diverted into London Stansted Airport at approximately 1015 and landed safely with Essex Police in attendance. It is parked on an isolated stand away from the normal airport operations,” the airport said.
Modi govt considers tougher rules for audit firms amid crack down on lapses
To stamp out conflicts of interest, the corporate affairs ministry is also weighing either a complete ban on non-audit services or limiting the revenue generation from consulting businesses such as advising companies on restructuring and valuing mergers, the person said, asking not to be identified as the information isn’t public.
Robots on track to wipe out a tenth of manufacturing jobs by 2030: Report
While automation should boost the economy as a whole, it is likely to create greater inequality as employment losses are concentrated in certain industries and countries. Manufacturing could lose 20 million positions by 2030, making the sector 8.5% smaller than “if robots were not remaking the market,” according to the research firm’s report.