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Majority of aviation insurance professionals rank geopolitical instability as the sector’s biggest threat: IUAI survey
"The findings highlight a continued shift towards risks that are...
TCS wins multimillion-euro AI powered services transformation deal with Canada Life
As part of the agreement, TCS will leverage its AI & digital...
Firms turn to AI as cyber threats accelerate
"Attackers are moving faster and at greater scale than ever before. This report is a call to action for organizations to match that pace, with AI as a force multiplier for cyber defence," said Laurent Gobbi, Partner, Global Head of Cyber & Tech Risk, KPMG....
Transparency in claim settlement central to building trust among empanelled hospitals for AB PM-JAY:NHA CEO
Sunil Kumar Barnwal, Chief Executive Officer, National Health Authority, Sunil Kumar Barnwal, Chief Executive Officer, National Health Authority, noted that India is among the first countries in the Global South to establish such a platform for validating AI solutions...
Air India Dreamliner crash is in final stage, report due in a month: Ram Mohan Naidu
"It has been almost a year, and the investigation is still being carried out very thoroughly. We need to understand one thing, whenever such an investigation takes place especially involving an international flight with foreign nationals on board, the final report can...
Sabotage,Cyber threats rattle Europe’s power grid
Under the EU’s new defense spending ambitions, about €250 billion is intended for areas like cybersecurity and critical infrastructure, according to lobby group Eurelectric. It wants some of that pot allocated to energy safety and protection. The helicopter flying...
Agentic AI may help insurers reduce cost, complexity of tech modernisation: Report
According to the report, insurers that combine reusable AI capabilities with strong governance and platform discipline can accelerate the decommissioning of legacy systems while maintaining operational control. Agentic AI presents an opportunity to fundamentally...
Global InsurTech funding reaches in $1.63 billion in Q1:Gallagher Re
AI-focused companies dominated the quarter, accounting for 95.2% of total funding — a record share. These firms raised USD 1.55 billion across 68 deals, with all of the ten largest funding rounds going to AI-led businesses. Global InsurTech funding remained resilient...
Financial Stability Risks:Artificial Intelligence fuelling Cyberattacks
Anthropic’s Claude Mythos Preview highlights rapidly escalating AI-driven cyber risks, with the model able to identify and exploit vulnerabilities across major systems even in non-expert hands.This signals how quickly such threats could extend beyond technology and...
FM launches new insurance policy for manufacturers
“FM Essential brings together engineering insight, data analytics and competitive risk transfer capabilities to help manufacturers navigate complexity and focus investment where it has the greatest impact.” Alex Tadmoury, executive vice president, International, at FM...
Banks must prepare for cyber threats posed by AI models like Mythos: Nagaraju
Referring to cyber security concerns, he said Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, and added that it has raised alarm bells among regulators because of the vulnerabilities in legacy banking technology...
SEBI sets up ‘cyber-suraksha.ai’ task force amid rising AI-driven cyber risks
"The rapid evolution of emerging technologies including AI-driven vulnerability identification tools (E.g. Claude Mythos) has introduced new dimensions of risks for Regulated Entities," SEBI said in the circullar. New Delhi:Market regulator Securities and Exchange...