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Allianz Risk Barometer: Cyber continues as top Indian business risk

Allianz Risk Barometer: Cyber continues as top Indian business risk

by AIP Online Bureau | Jan 15, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

“In addition to cyber incidents as the top risk in India, the results from the Allianz Risk Barometer indicate a stronger link between climate change, natural catastrophes, and business interruption risks. As extreme weather events become more frequent, we expect this...

AI can spot patients at risk for suicide, finds study

by AIP Online Bureau | Jan 5, 2025 | Data, Health, Technology

Colin Walsh, associate professor of biomedical informatics, medicine and psychiatry at Vanderbilt University Medical Center said that most people who die by suicide have seen a health care provider in the year before their death, often for reasons unrelated to mental...
High employee attrition of 25% in private banks pose operational risk: RBI

High employee attrition of 25% in private banks pose operational risk: RBI

by AIP Online Bureau | Dec 29, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management

“High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs. In various interactions with banks, the Reserve Bank has...
FSSAI reclassifies packaged drinking water, mineral water as high-risk food

FSSAI reclassifies packaged drinking water, mineral water as high-risk food

by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Regulation, Risk Management

The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards New Delhi: The FSSAI has reclassified packaged drinking water and mineral water...

Private equity exposure with insurers can be risky for , financial markets, BOE says

by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management

Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...
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