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Ransomware attacks rise 13% in past year, India Inc at great risk

by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

“Roughly 4 in 5 breaches can be attributed to organised crime, with external actors approximately 4 times more likely to cause breaches in an organization than internal actors,” the findings showed New Delhi: There has been an alarming rise in ransomware breaches...
Large Covid claims push New India into red in Q4 FY 2021-22

Large Covid claims push New India into red in Q4 FY 2021-22

by AIP Online Bureau | May 24, 2022 | Health, Indian News, Non-Life, Pandemic

Madhulika Bhaskar, general manager, New India Assurance, said, ” The profitability for the year was severely affected due to COVID claims, with the company settling about Rs 3760 crore  worth of such claims during the year. The investment income for the...
WTW launches specialist cyber coverage for ports and terminals

WTW launches specialist cyber coverage for ports and terminals

by AIP Online Bureau | May 24, 2022 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

CyNav for Ports and Terminals is designed to address the specific cyber threats faced by port and terminal owners and operators. It provides both flexible and tailored cover for business interruption losses including those arising from IT service providers, first- and...
LIC to declare financial results for FY22 on May 30

LIC to declare financial results for FY22 on May 30

by AIP Online Bureau | May 24, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The insurance behemoth, which was listed on the bourses earlier this month on May 17, said the board will consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2022 The meeting will also consider...

NHA launches revamped Ayushman Bharat Health Account mobile app

by AIP Online Bureau | May 24, 2022 | Health, Indian News, Policy, Technology, Workplace/Employee Benefits

Elaborating on the app, R S Sharma, CEO, of NHA said, ”The ABHA app will be instrumental in helping citizens to create their longitudinal health records. They can access their health records with the help of their ABHA address in seconds which will empower them in...
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