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India staring at demographic disaster: Shashi Tharoor

by | Oct 25, 2018 |

“Sixty five per cent of our population is under the age of 35. The ILO (International Labour Organisation) says in 2030 we will have 160 million people on the job (with the) starting age group of 19 to 23, whereas China will have only 92 million. So, we are going to be, in a sense, in a position to be the dynamic, productive, youthful nation,” Tharoor said. 

New global commitment to primary health care for all at Astana conference

by | Oct 25, 2018 | ,

“Although the world is a healthier place for children today than ever before, close to 6 million children die every year before their fifth birthday mostly from preventable causes, and more than 150 million are stunted,” said Henrietta Fore, UNICEF Executive Director. “We as a global community can change that, by bringing quality health services close to those who need them. That’s what primary health care is about.”

Time to upgrade Airline Black Boxes, says US Safety Board

by | Oct 25, 2018 | ,

In too many cases, the current two hours of sound on the cockpit voice recorders hasn’t been enough to aid investigations, the National Transportation Safety Board said in a recommendation posted to its website Thursday. The board cited several dozen instances in which the recorders were overwritten before they could be brought into the lab.Investigators want the requirement to be increased to 25 hours of sound, and are seeking retrofits for current aircraft by 2024.

India’s insurance gaps rise, at $27bn it constitutes 1.0% of its GDP :Lloyd’s report

by | Oct 22, 2018 | , ,

In Lloyd’s Underinsurance Report 2018, underinsurance continues to represent a significant threat to global economic development with an estimated US$163bn of assets underinsured in the world today.While the global gap has closed by almost 3% over the last six years, the gap for Asian countries included in the report has widened by 9.4% to US$134bn. At the same time, the world has seen a series of extreme weather-related catastrophes and new risks such as cyber attacks have emerged, posing additional threats to society.

Insured Losses from Hurricane Michael To Be Between USD $6.8 Billion and $10 Billion:RMS

by | Oct 19, 2018 | ,

Michael Young, Vice President of Model Management, RMS, said: “This truly was one of the few hurricanes that have exceeded building-level design wind speeds for the region.  Within the tragedy of this event, there are many opportunities to see effective wind and flood mitigation measures and learn how to re-build better and stronger.”

Indian firms overly confident about their Cybersecurity, Survey

by | Oct 18, 2018 | , ,

-88 percent of Indian firms surveyed said they are better prepared for data breaches than their competitors
-Financial services and utility respondents were least realistic, with 100 percent rating their firm as above average or as top performers, while retail services had the highest percentage who said their firms were top performers at 60 percent
-In the coming year, 80 percent of Indian financial services firms believe the overall level of cyber-threats and data breach activity will go up
-62 percent of Indian firms say cybersecurity investment will increase in the year ahead. This rose to 67 percent amongst Indian financial services firms and 80 percent for utilities

U.S. Warns of New Cyber Attacks by Group with China Ties

by | Oct 16, 2018 | ,

The Department of Homeland issued a technical alert for cloudhopper, which it said was engaged in cyber espionage and theft of intellectual property, after experts with two prominent U.S. cybersecurity companies warned earlier this week that Chinese hacking activity has surged amid the escalating trade war between Washington and Beijing.
Chinese authorities have repeatedly denied claims by Western cyber security firms that it supports hacking.