``Black Sea war rates were extremely volatile and were changing on...
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Risk Management
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Natural Disasters in 2025: Alarming rise in floods, severe convective storms and wildfires
Tobias Grimm, Munich Re’s Chief Climatologist: “A warming world...
Russian-bound tanker hit by drone in Black Sea, maritime sources Say
In late November, shipping insurance rates rose after Ukrainian...
Fake payment apps: How to identify and stay safe
Fraudsters use fake payment apps to convince innocent victims that they have completed a transaction. In reality, they use a fake app that only simulates the payment transaction flow, leaving the victim to realise only later that the transaction was fabricated Fake...
India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD
El Nino conditions, associated with below-normal monsoon rainfall in the Indian subcontinent, are unlikely to develop this time, India Meteorological Department (IMD) chief Mrutyunjay Mohapatra said Parts of the country are already battling extreme heat and a...
Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may seek to explore By Steve Taylor, Head of Credit Solutions, Asia, Aon The recently announced U.S....
AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace
Coming under the civil aviation ministry, AAIB is responsible for classification of safety occurrences involving aircraft operating in the Indian airspace into accidents, serious incidents, and incidents New Delhi: Aircraft Accident Investigation Bureau (AAIB) plans...
Vedanta asked to pay Rs 71 cr over fly ash effluent
"The issue pertains to allegation for unauthorised disposal of fly ash. The Member Secretary… requested the company to deposit the environmental compensation of Rs 71,16,53,320," Vedanta has said in a filing to BSE. New Delhi: Vedanta has said that State Pollution...
Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud
``Banks freeze/block accounts based on internal triggers, however, as per the Prevention of Money Laundering Act (PMLA), they do not have the authority to freeze or block customer accounts without proper authorisation from a court or law enforcement agencies (LEAs. In...
WhatsApp faces outage In India, Users report issues with sending messages
Earlier in the day, many people even faced difficulties while making payments via Unified Payments Interface (UPI). New Delhi: Meta-owned messaging app WhatsApp faced issues in India on Saturday evening, with users reporting issues in sending messages. Taking to...
Maharashtra Cyber issues advisories to depts on online threats acts against Wikipedia Proton Mail
The departments include Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others, as Maharashtra Cyber and the Computer Emergency Response Team (CERT) in many cases...
Global energy insurance market continues to soften with capacity at an all-time high: Willis
In Asia, insurance capacity from Asian-based insurers remains very strong. Over the last two years, some insurers have set up new and expanded capacity in the region due to market profitability in the downstream sector. This is coupled by an increased demand from...
Soaring civil unrest and protest activity concerns companies and insurers: Allianz
More than 80,000 incidents in top 20 countries connected to protest and riot activities around the world during 2024, Religious and politically motivated terrorism a major concern for governments and companies in the year ahead. Asia Pacific is the region with the...