In the report, AAIB said no formalised mechanism for the exchange...
Category:
Risk Management
Latest
War becomes the number one political violence risk for more than 50% of companies globally:Allianz
"The political violence landscape across Asia remains volatile,...
SEBI working on framework for AI-based trading amid growing cyber threats: Tuhin Kanta Pandey
Tuhin Kanta Pandey,chairman, Sebi "For AI-driven trading, we are...
World’s largest oil gas companies involved in under 1.5 pc renewable energy projects: Study
"Oil and gas companies' renewable deployment is anecdotal at best. Their contribution to the fight against the climate crisis should be judged solely by how much fossil fuel they leave in the ground," lead author Marcel Llavero-Pasquina, a researcher at the Autonomous...
WHO: Widespread resistance to common antibiotics worldwide
“Antimicrobial resistance is outpacing advances in modern medicine, threatening the health of families worldwide,” said Dr Tedros Adhanom Ghebreyesus, WHO, Director-General One in six laboratory-confirmed bacterial infections causing common infections in people...
IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB) the details of distribution channels, hospitals, third party vendors and fraud perpetrators blacklisted and IIB will have to maintain the caution repository concerning all such details in order to...
“Ground Boeing 787 aircraft for electrical checks”: Federation of Indian Pilots
"Since June 16, 1925, we have reiterated that all B-787s in the country must be thoroughly checked for their electrical systems. On 04 Oct the RAT deployed on AI-117 a/c while on approach at BHX. On 09 Oct, AI-154 from Vienna to Delhi diverted to Dubai due to major...
Cough syrup deaths: Probe against Coldrif manufacturer exposed lapses by TNFDA
A recent inspection by the Central Drugs Standard Control Organisation (CDSCO) exposed the unit's appalling conditions and total non-compliance with Good Manufacturing Practices (GMP), the sources said The investigation against the Kanchipuram-based manufacturer of...
US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned
``The State Department imposed sanctions on approximately 40 entities, individuals and vessels to "deny the Iranian regime funds it uses to conduct its malign activity," the department said in a press release on Thursday Washington: Eight Indian nationals and several...
Minister of Communications cautions against AI’s unchecked risks
``Facial recognition systems have misidentified minorities with up to 80% error rates, while in healthcare, AI misdiagnosed 20% of tuberculosis cases in Uttar Pradesh hospitals—underscoring the danger of opaque, unaccountable systems''Pemmasani Chandra Sekhar,...
Widening Protection Gap: Role of Specialty Brokers
“Specialty brokers are the connective tissue of the global insurance market. They act as strategic advisers — identifying emerging risks, building the data to make them insurable, aggregating demand for new solutions and uniting diverse sources of capital. In doing...
Rokstone expands Singapore Marine operation with senior hires
Rokstone Singapore is supported by a multi-year, $25 million Lloyd’s capacity agreement with Tokio Marine Kiln (TMK), covering marine classes including Construction (Builders Risk), Cargo, Hull, and Liabilities Singapore: Rokstone, the international specialty...
Sitharaman asks fintechs to strengthen risk management to check AI misuse
"Even as AI opens extraordinary possibilities, we must confront its darker side. The same tools that power innovation can be weaponised for deception and for fraud. I'm not personalising it, but I can say, I have seen several deepfake videos of myself being circulated...