The San Francisco-based firm, which ranks Australia among its...
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CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts...
SC to share cause lists, info about filing of cases through WhatsApp: CJI
Now, litigants, parties in-person and advocates-on-record (AoRs) will receive automated messages regarding e-filing, objections raised by the registry, causelist and uploading of orders and judgments, CJI Chandrachud told the members of the bar in open court New...
Global brands responsible for majority of branded plastic pollution
They found that the top five brands were The Coca-Cola Company (linked to 11 per cent of branded plastic waste), followed by PepsiCo (5 per cent), Nestlé (3 per cent), Danone (3 per cent), and Altria (2 per cent). In all, 56 companies were identified International...
LIC warns against misleading social media ads exploiting Its brand and logo
''It has come to our attention that certain individuals and/or entities are engaging in fraudulent advertising practices on various social media platforms by misusing the image of our senior official/s or ex-officials, our brand logo, and our brand name without our...
Musk decries Australian court ‘censorship’ of X terror posts
At a hearing overnight, Australia’s Federal Court ordered X, formerly called Twitter, to temporarily hide posts showing video of the incident a week earlier, in which a teenager was charged with terrorism for knifing an Assyrian priest and others Elon Musk lashed out...
Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant
Catrin Hinkel, CEO Microsoft Switzerland, said, "By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...
Bandhan Life launches its new branding
The insurer will add 1,000 new members to its team in its immediate growth phase as it aims to fortify its presence and offer its products and services to its expanding customer-base across the country `Looking ahead, our vision for the next five years is set:...
Global property insurers see ‘alarming’ losses as risk models lag, report says
"Accurate risk prediction and pricing are becoming increasingly challenging and leading to insurability concerns," Anirban Bose, Capgemini financial services strategic business unit CEO, said in the report LONDON: Global property and casualty insurers showed...
RBI issues draft guidelines on payment aggregators
The RBI said that given the growth in digital transactions and the significant role that PAs play in this space, the current directions on PAs are proposed to be updated and cover, inter alia, KYC and due diligence of merchants, operations in Escrow accounts, and...
Aditya Birla Capital to scale up life and health insurance business: Kumar Mangalam Birla
Kumar Mangalam Birla, chairman,Aditya Birla Group ``Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA. This...
U.S. cyber insurance maintains strong profits; premium growth slows
Chicago/New York: Favorable cyber underwriting results are partly due to prior large increases in premium rates. Insurers are also being more careful in cyber risk selection and the underwriting process. They are requiring that customers maintain proper cyber hygiene...