The penalty has been imposed on the company for abusing its...
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Japan:Businesses navigating rapidly changing market and geopolitical volatility
Tatsuya Yamamoto, CEO of Japan at Aon, said, “Japanese...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced...
JBA Risk Management to set up India operation, to meet growing demand for flood intelligence
India’s banking sector is increasingly recognising the impact of climate-related risks - particularly flood - as a major contributor to non-performing assets. A host of planned transformative infrastructure projects for example will also need comprehensive feasibility...
IIA Annual Event 2025
Date: October 30, 2025 Venue: Fairmont, Mumbai Theme: AI In Insurance Keynote Speaker: K. Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA) Special Address:Abhishek Singh, CEO, IndiaAI Mission For any questions or assistance, email...
HK startup aims to launch satellites for 3D wind data, report
The satellites should be able to provide global coverage of data that could be supplied to the aviation, shipping and insurance industries. It could also be used by wind-farm operators, Chief Executive Officer of Stellerus David Liu said Hong Kong startup Stellerus...
Australia sues Microsoft over AI-linked subscription price hikes
The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot Australia's...
MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy
Chris Methven, Chief Growth Officer at CyberCube, said,``Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
Apple loses landmark UK lawsuit over app store commissions
The Competition Appeal Tribunal (CAT) ruled against Apple after a trial of the lawsuit, which was brought on behalf of millions of iPhone and iPad users in the United Kingdom.The CAT ruled that Apple had abused its dominant position from October 2015 until the end of...
Beyond Balance Sheet: Strategic role of CFOs in insurance industry
True leadership in finance is not just about preserving value, it is about having the courage to create it. Today, the insurance CFO operates at a rare intersection where capital meets complexity and strategy meets disruption. In an era of heightened volatility and...
Bajaj Life launches its new customer app
Bajaj Life launched of its upgraded and enhanced customer app – Bajaj Life Insurance App. The app integrates an extensive suite of features to simplify policy management, personalised product offering, pre-approved insurance offers, and health tracking, all within a...
Aon’s advanced AI-powered supply chain offering to help businesses anticipate & mitigate hidden risks
Using AI and advanced data modelling, the solution analyses frequency and severity of supply chain events over time from more than 80,000 sources in over 200 countries DUBLIN: Aon plc, a global professional services firm, announced the launch of a new AI-powered...
Insurance loss estimated for outage at AWS can range from $38 million-$581 million, says CyberCube
CyberCube’s analysis shows that the outage is likely to have affected over 2,000 large organizations and nearly 70,000 organizations in total. The analysis is based on Portfolio Manager Version 6, which was released earlier this year. It allows users to assess...