For D&O insurers, the US especially is a highly complex market...
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Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set...
Bangalore hotels body moves HC against mandatory menstrual leave order
The association has questioned the very basis of the order,...
WTW launches a new primary cyber insurance solution for businesses in Singapore and Hong Kong
While organisations in Asia race to adopt new technologies such as generative AI, a basic understanding is needed of the immediate, mid-term and long-term implications of these technologies for their cyber-resilience posture. Simply having a cyber insurance policy in...
CCPA intensifies probe into Ola Electric over consumer complaints and unfair practices
Ola Electric faces significant scrutiny from both consumers and regulators. Allegations of quality issues and inadequate customer service have brought attention to challenges within the industry, where maintaining consumer trust is paramount New Delhi: The Central...
EPS-95 pensioners demand Rs 7,500 minimum pension
Pensioners have been agitating for over 7-8 years for an increase in the minimum pension from Rs 1,000 to Rs 7,500, along with DA and free medical treatment for both the pensioner and their spouse New Delhi: A delegation of EPS-95 pensioners met Finance Minister...
Comment on woman’s body structure is sexual harassment: Kerala High Court
The ruling by Justice A. Badharudeen came while dismissing a former Kerala State Electricity Board (KSEB) employee's plea to quash the sexual harassment case against him filed by a woman staffer of the same organisation The Kerala High Court has held that a comment on...
Fintechs urged to innovate, comply: DFS Secy
M Nagaraju,Secretary, Department of Financial Services The RBI also informed that various initiatives have been taken at their end, including developing an emerging tech and Fintech Repository for capturing baseline information in a secured and confidential manner and...
DPDP rules in monsoon session of Parliament, Digital entities to get 2-yrs to comply: Vaishnaw
"We have also kept graded punishments to protect the interests of micro, small and medium enterprises. It is to save businesses who may be running their business using a single computer. However, Big Techs have higher obligations under the rules. Minor breaches will...
Consent management, localisation, parental nod for kids on social media in focus: Experts on DPDP
"We foresee that businesses will face some complex challenges in managing consent as it forms the heart of the law. Maintaining consent artefacts and offering the option to withdraw consent for specific purposes could necessitate changes at the design and architecture...
Jan1 renewals: Property catastrophe & specialty see reduction in risk adjusted pricing across board
Globally, reinsurers are on track to produce a combined ratio near or below 90% and a low-teens ROE for 2024. Not only have reinsurers' operating and performance ratios improved but so have aggregate balance sheet metrics, providing some context around how quickly and...
Sebi issues clarification on cybersecurity norms, offers compliance extensions
The framework is designed to ensure that Sebi-regulated entities (REs) maintain robust cybersecurity posture, remain equipped with adequate cyber resiliency measures and can withstand, respond to, and recover from cyber threats, effectively New Delhi: Sebi on Tuesday...
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