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Global natural disaster protection gap surpasses $420 billion:Swiss Re
The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years, as a combination of climate change, urbanization and inflation mean disasters are getting more costly when they hit. In North America, the gap between insured and...
Aon expands its global capability centre in Bengaluru
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...
El Niño concerns put Govt on alert, farmers’ interests to be protected at all costs: Shivraj Singh Chouhan
Shivraj Singh Chouhan,Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, directed that in those states and districts where the possibility of low rainfall, long dry spells or relatively higher impact of El Niño exists, special monitoring,...
Hostilities flare in Iran war, oil jumps with talks at a stalemate
The latest flare-up, which lifted oil prices by more than 1% in early trade on Wednesday, comes more than three months after the initial U.S. and Israeli strikes on Iran, with the conflict mired in a stalemate under a shaky ceasefire and the Strait of Hormuz largely...
Telangana bans cash wages, brings gig workers under new regulations
While providing historic safety nets for labour, the new government order (GO) offers strategic advantages to corporate management and industry.The GO eliminates the "fragmented, friction-heavy industries-wise frameworks seen in other states" and implements a unified,...
Can’t employ temporary staff in precarious condition while seeking work similar to regular employees:SC
The bench said this court has taken a consistent judicial approach that long-serving employees, whether casual or temporary, particularly those who have been conferred recognised status, cannot be denied corresponding benefits including social security and pensionary...
Anthropic broadens availability of Mythos, extends access to 150 new groups
Mythos has emerged as a focal point for the San Francisco-based company in recent months. Anthropic has said that the software is capable of identifying and exploiting vulnerabilities “in every major operating system and every major web browser when directed by a user...
AI investments rise, but expected savings remain elusive, says Bain’s global survey
“Despite a decade of investments in data modernization running well into hundreds of billions of dollars globally, the No. 1 reason AI programs underperform is that companies cannot reliably get access to their own data,” Bain said. Cost savings from automation are...
ASR announces agreement for strategic investment by Vitruvian Partners
Mikir Shah, Chief Executive Officer, Africa Specialty Risks said: “I’m delighted to welcome Vitruvian Partners as our new lead investor. Since launch in 2020, ASR has enjoyed a significant growth trajectory, and this new partnership will help us realise our ambition...
HC uphols direction for entrusting census duties to employees of LIC
Dismissing the writ petition, Justice Dinesh Pathak said, "This court is of the considered opinion that the authorised authority/zonal officer has not committed any error or illegality in issuing orders in exercise of delegated power directing the employees of the LIC...
Geopolitical Risk & Workforce Protection: Evolving Multinational Insurance Programmes
Workforce protection is no longer just about policies or benefits. It is about creating a sense of security for employees, no matter where they are working from.Risk, HR, and mobility teams cannot operate in silos anymore. They need to stay connected and respond as...
June1 Renewals:Softening accelerates against a riskier world as economic returns compress, says Howden Re
The paradox of softening pricing in a demonstrably riskier world is being met with structural preparation rather than complacency. This posture will likely define how the market navigates the second half of 2026 and beyond, stated Howden Re. London:The 1 June 2026...
Geopolitical and AI-related risks among top concerns for directors and officers worldwide:Willis
Artificial intelligence has seen a significant increase in the proportion of respondents ranking it as a very or extremely important risk (up 5% to 56% of respondents globally). LONDON: 59% of directors and officers now consider geopolitical risks to be very important...
Sanjay Lohiya assumes charge as Secretary, Department of Financial Services
Sanjay Lohiya, Secretary, Department of Financial Services Lohiya takes charge at a time when the financial sector is undergoing transformation with a focus on digital financial inclusion, recapitalisation and operational autonomy of public sector banks, and deeper...
Auto sales surge in May: Maruti hits record high, Hyundai, Mahindra and Toyota gain momentum
Maruti Suzuki India Limited sold a total of 242,688 units in May 2026, marking its highest-ever monthly sales volume. The company achieved an all-time high in domestic sales at 193,535 units. Additionally, sales to other OEMs stood at 7,239 units, while export sales...
US says it struck Iranian military sites, Tehran responds with air base attack
The strikes on Iran's Gulf coast were in response to "aggressive Iranian actions that included the shootdown of a U.S. MQ-1 drone that was operating over international waters," the U.S. Central Command said in a post on X. DUBAI: The U.S. said it struck Iranian...
LIC considers fintech arm amid push for technology-led expansion
"So, both go hand in hand…we are engaging the fintech players but whether it can be a strategic partner, we are looking at various options available and we may be coming up with something…our first aim is to modernize our IT applications and become as agile and...
Govt launches AI-enabled Chatbot to help citizens lodging grievances online
Citizens can now lodge grievances by simply speaking, in their own native language; the system automatically identifies the right Ministry and Department New Delhi:The Centre on Saturday unveiled an Artificial Intelligence (AI)-enabled chatbot to help citizens raise...