Nirmala Sitharaman, Union Finance Minister The FSDC discussed...
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Risk Management
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Hacking attempts surge as companies, governments rush to patch PHP flaws
The emergency shutdowns of banking, airline, rail, tax and...
AI-discovered bugs may soon trigger fresh disruptions, cyber experts say
The outages that spread across government sites in Europe and...
Majority of digital infra stakeholders faced material disruption in 5 yrs: Economist Enterprise–FM report
“As organisations scale, the challenge is not simply managing individual risks, but understanding how cyber, energy, climate and supply-chain disruptions can interact across increasingly interconnected systems. Resilience needs to keep pace with growth and inform...
Moody’s raises India’s FY27 growth projections to 7 pc; flags inflation risks from crude, El Nino
"Although we continue to expect India to grow faster than all other G20 economies, as well as similarly rated emerging market sovereigns, risks remain. Elevated energy prices could push annual average inflation beyond its 4.8 per cent projection for the fiscal. The...
Warren Buffet’s son Howard succeeds him as chairman of Berkshire Hathaway
Howard G. Buffett, chiarman,Berkshire Hathaway Inc Warren E. Buffett has been named chairman emeritus of the company Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail...
“Totally unacceptable”: MEA raises alarm over security, navigation threat amid escalating tensions in Red Sea area
"We are deeply concerned about the escalation in the security situation in the Red Sea area... We have expressed our condemnation of the attacks on Saudi sovereign territory, including on civilians and economic assets. Such attacks vitiate regional security, impact or...
Power infra the biggest risk factor in India’s data centres: Howden report
Between 2016 and 2025, the power consumed by data centres built in India grew 68-fold, at a 60% CAGR as per the recent S&P data. The demand is forecast to reach 57 TWh by 2030. Increasingly, hyperscale campuses are looking to on-site, behind-the-meter generation...
Global Data Centre Boom: Emerging risks becoming more pronounced
For the insurance market, this convergence of physical and digital risk presents challenges around aggregation clauses and the boundaries between cyber, property and war cover. Addressing these exposures will require rigorous cyber-physical risk assessment and greater...
Financial fragmentation could amplify shocks across global insurance markets: Geneva Association report
Jad Ariss, managing director of the Geneva Association, said, "The global economy is entering a new phase in which geopolitical considerations are playing a greater role in shaping financial markets. For an industry built on international risk sharing and long-term...
Aon launches CyQu marketplace for better cyber risk management
“As cyber threats continue to evolve, determining where to focus resources and which actions will have the greatest impact on reducing risk and supporting broader risk financing objectives has never been more critical. CyQu Marketplace helps clients prioritize risk...
BIS says global market AI momentum showing signs of vulnerability
“What we are most concerned on in this (AI) area is the rapid increase in debt and leverage,” head of economic analysis of BIS, Frank Smets, said. “And the fact that many of these financing deals are quite opaque. They’re often off balance sheet. They have sort of...
AI Data centers are on track to fuel ‘Explosive’ growth in Captive Insurance
AM Best, an insurance-focused credit rating firm, says the roughly 150 US captives it rates generated more than $8 billion in savings over the past five years. The ability to turn insurance from “a pure cost center into a potential profit center” is the corporate...