by AIP Online Bureau | Apr 29, 2025 | International News, Risk Management, Technology, Workplace/Employee Benefits
A group of suspected cybercriminals hit the company with a kind of ransomware known as DragonForce London: A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy
Property casualty (PC) insurers face cost inflation in personal auto and homeowners’ lines from tariffs. Other watch items include increased severity of claims pressuring margins, and the effect of market volatility and potential losses on equity portfolios New...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“COAI feels that the cybersecurity measures need to be reinforced with clear outlines on the purpose, which is to free the people of such unwanted spam/fraud calls and messages to the maximum extent possible. For the same purpose, it may be judicious that...
by AIP Online Bureau | Apr 29, 2025 | Data, Eco/Invest/Demography
Women entrepreneurs from Tier II, III and beyond towns are ambitious, digitally aware, and determined to grow – but they are held back by structural gaps in finance, networks, and visibility, the report released on Monday said New Delhi: Most women running small...
by AIP Online Bureau | Apr 29, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
M Rajeshwar Rao,deputy governor, Reserve Bank of India “Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers,” he...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Balz Grollimund, Swiss Re’s Head of Catastrophe Perils, said: “Our recent analysis of over 200 in-house models and the loss trend over the last 30 years show what is at stake: When a severe hurricane or a major earthquake hits an urban area in a country...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, Features, Health
Globally, more than 350 million people live with rare diseases, most of them caused by a misstep hidden within their genes. Some conditions can be caught early and treated—but in parts of Africa where population data and resources are scarce, many people go...
by AIP Online Bureau | Apr 29, 2025 | Indian News, Life, Regulation, Wealth Management/ Philanthropy
Canara HSBC Life Insurance Company is a joint venture promoted by state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group’s HSBC Insurance (Asia Pacific) Holdings, which holds 26 per cent. Punjab National Bank holds the rest of stakes and will...
by AIP Online Bureau | Apr 28, 2025 | Eco/Invest/Demography, International News, Risk Management
“The number of customers requiring assessments and executive protection has increased 10 to 15 times the number prior to December 4,” said Glen Kucera, president at security services firm Allied Universal, which serves more than 80% of Fortune 500 companies U.S....
by AIP Online Bureau | Apr 28, 2025 | Indian News, Risk Management
Importantly, there were no injuries reported, it added. “As a precautionary measure and to facilitate necessary equipment replacements, operations at the plant will be temporarily paused for an estimated period of 20 to 25 days,” the company said. New Delhi: Aurobindo...