One of the most compelling aspects highlighted in the report is...
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Climate Change: The Era of Super-Wild Weather Is Already Here
Erich Fischer, a climate scientist at ETH Zurich, has been trying...
Biden bans US sales of Kaspersky software over Russia ties
Moscow's influence over the company was found to pose a significant...
Do we need a backup planet to survive?
Last week, Elon Musk said that ‘a big rock (asteroid) will hit Earth eventually & we currently have no defence’
Jeff Bezos, on the other hand, worries that we will run out of energy on Earth, leaving the future generations with limited resources which can block their growth, dynamism
Face-to-face distribution remains the primary mode of buying insurance in India:PwC report
A focus efforts on three areas of productivity, assistance and enablement along with exceptional customer experience and user friendliness, will ensure higher engagement and adoption from sellers.
China tops list of U.S. cybersecurity agency’s top risks
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including emerging 5G technology.
Early claims and crash tests suggest risks of luxury, SUV electric vehicles
In serious crashes, electric autos’ high-voltage power plants automatically shut down, AXA noted, but damaged batteries can catch fire up to 48 hours after a crash, making it more difficult to deal with the aftermath of an accident.
Unlocking value for P&C insurers : Advanced analytics may present a crucial way
-Insurers can grow, optimise existing portfolios and become more efficient using advanced analytics that combine data science, extensive risk knowledge and industry expertise
-In particular, commercial lines can catch up with personal lines, which currently use analytics more extensively, through exploiting the rapid explosion in the number and breadth of structured and unstructured data sources
-Insurers can target at least a 2-5% improvement in loss ratios under real trading conditions with use of advanced analytics
SC grants Facebook some relief in key privacy case
The case is keenly watched as it brings out the conflict between privacy concerns on governments accessing citizens’ messages and the fight against cyber crimes like child pornography
7 global trends making engineering & construction projects bigger & costlier than ever
Analysis by Allianz Global Corporate & Specialty (AGCS) of more than 13,000 engineering insurance claims over the last five years has identified seven major trends in engineering and construction projects, driving some of the largest losses ever, according to a new report by the insurer. The report also examines how new technologies, such as drones, satellites, lasers, and computer modeling, are increasingly being used to speed up claims and mitigate risks
Max Life Insurance announces the launch of Max Innovation Lab
As part of this Programme, the startups will help create solutions by leveraging new age technologies such as Artificial Intelligence, Blockchain, Internet of Things, Big Data to facilitate a host of services such as intelligent data acquisition and processing generated from online/offline sources, intelligent underwriting, intelligent agent/seller hiring, financial management and more
India sees dramatic rise in cyber attacks post-Kashmir decision
“India needs to be more careful when it comes to the security of their websites and critical infrastructure, especially when there are cyber attackers that are ready to exploit our vulnerabilities in the name of cyberwar between countries,” the Kaspersky executive cautioned.
Maruti seeks tax relief for hybrid, CNG cars
“Personally we would like to see GST benefits linked to greener/cleaner cars. The Government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles as well,” he told a news channel.