The report flagged several risks that could act as headwinds,...
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U.S. cyber insurance market bounces back,raises underwriting risk:Fitch
While the market remains profitable, deteriorating incurred direct...
Nagaraju asks LIC to monetise massive data from its 29 crore policies
Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD...
Sebi inks pact with DoT for data sharing to curb fraud in securities market
SEBI said DoT has developed a Digital Intelligence Platform (DIP), which is a secure framework for real-time intelligence sharing and coordination among various stakeholders, to combat cybercrime and financial fraud by enabling proactive action against the misuse of...
Data centre coverage could reach $10 billion in premiums in 2026:S&P
As individual projects keep growing in size, they may eventually represent as much as $30 billion in insurable value. Today, the largest infrastructure projects typically require coverage for as much as $10 billion, according to S&P. Soaring demand for insurance...
Ping An seeks to sell $1 billion software-focused PE assets
Private market managers allocated hundreds of billions of dollars to software over the last 15 years, betting that software-as-a-service business models would generate high growth and reliable cashflows. That focus became increasingly concentrated during the period,...
Rise of AI demands new approach to cyber underwriting:CyberCube
William Altman, Director of Cyber Threat Intelligence Services and report author, said, “AI is compressing the cyberattack lifecycle, reducing the time threat actors spend between initial compromise and operational disruption, and in some cases enabling impact to...
Financial Intelligence Unit-India, Indian Cyber Crime Coordination Centre sign MoU to combat cyber fraud and financial crimes
The collaboration comes at a juncture where India's digital payment ecosystem has undergone a tremendous transformation requiring guardrails that safeguard citizens from cybercrime and fraud New Delhi: In a step towards strengthening India's fight against cyber fraud...
Google plans to introduce new mental health support features for its Gemini chatbot
The rapid explosion of tools like Gemini and ChatGPT have led to some users forming obsessive relationships with AI bots, allegedly contributing to delusions and, in extreme cases, murder-suicides. Several families have sued leading AI developers over the issue....
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
"FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with every category...
AON appoints Winnie Loh as real estate and data centre leader for Southeast Asia
Winnie Loh, Real Estate and Data Centre leader for Southeast Asia, AON Andrew Minnitt, CEO, Singapore and head of Southeast Asia for Aon, said,`` As data centre investment continues to accelerate across the region, clients are looking for advisers who understand how...
Closing Indian Protection Gap: Gaining momentum
Protection thrives only when trust is strong and here, too, India is making quiet, steady strides. Claim settlement performance continues to rise, with the latest IRDAI data showing 96.82% of individual death claims settled within 30 days, while private insurers...
Mayabunder Pawan Hans helicopter crash: AAIB finds emergency flotation system not activated during approach
A Pawan Hans helicopter crashed into the sea after taking off from Ranghat helipad in the Andaman & Nicobar Islands with seven persons on board for Mayabunder helipad on February 24 was not activated during the approach. Mumbai:The emergency flotation system of...