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Cyber threat,public liability and geopolitics pose greatest risk to organisations: WTW survey

by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

Ben MacCarthy, Head of Real Estate, Hospitality & Leisure, Asia, at WTW, said: “We found APAC firms pursuing innovative solutions through Proptech, with a focus on SMART buildings and improving ways data is accessed accurately especially to adapt to ESG and...

Deepfake video meeting with fake CFO costs company $25.6 mn

by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The company employees in the call looked and sounded like real people the targeted employee recognised.They followed instructions given during the meeting and made 15 transfers totalling HK$200 million $25.6 million) to five Hong Kong bank accounts. Hong Kong: A...
Investors dig into India’s stock market as China flounders, discount risks

Investors dig into India’s stock market as China flounders, discount risks

by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

Global investors’ desire to own a piece of the brightest market in the emerging world has been the catalyst, says Remi Olu-Pitan, head of multi-asset growth and income at asset manager Schroders, but that has meant an under-appreciation of the vulnerability and...
Marriage dissolution does not efface status of child’ s parents HC

Marriage dissolution does not efface status of child’ s parents HC

by AIP Online Bureau | Feb 5, 2024 | Indian News

The high court said when the man was alive, there was no justification for his ex-wife to remove the father’s name in the school admission form of their son and replace it with the name of her second husband New Delhi: Dissolution of a marriage does not efface...
At Rs15 crore, GIC Re tops India Inc’s per employee profitability chart during FY 2022-23

At Rs15 crore, GIC Re tops India Inc’s per employee profitability chart during FY 2022-23

by AIP Online Bureau | Feb 4, 2024 | Indian News, Non-Life, Reinsurance

A dividend cheque of Rs.1083.60 crore for FY 2022-23 was handed over to Finance Minister Nirmala Sitharaman by N. Ramaswamy, CMD, GIC Re with M P Tangirala, additional secretary, Dept of Financial Services (extreme left), and, Hitesh Joshi, general manager, GIC Re...
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