by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Health, International News, Risk Management, Technology
Ransomware attacks have surged by some 300% in the last decade, and health care is one of the most affected industries, according to Microsoft Corp. findings A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients,...
by AIP Online Bureau | Jan 15, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management
Nagaraju said that significant progress has been made in expanding social security and deepening financial inclusion in the country through various flagship schemes of the government, and further urged the public and private sector banks to dedicatedly work towards...
by AIP Online Bureau | Jan 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Rising geopolitical tensions, a fracturing of global trust and the climate crisis are straining the global system like never before,” said Mirek Dušek, WEF’s Managing Director War is the top worry wracking the nerves of risk experts surveyed by the World Economic...
by AIP Online Bureau | Jan 15, 2025 | Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Ajit will lead Gallagher’s 180 strong team, which is headquartered in Mumbai with regional offices in Bengaluru, Bhubaneshwar, Chennai, Delhi, Gurugram, Guwahati, and Kolkata. The team offers a wide range of insurance and risk management services and has expertise in...
by AIP Online Bureau | Jan 15, 2025 | Eco/Invest/Demography, International News, Regulation, Technology
Elon Musk In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter’s common shares Elon Musk was sued on Tuesday by the U.S. Securities...
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...
by AIP Online Bureau | Jan 15, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Christian Sandric, Regional Managing Director of Allianz Commercial Asia, said, “Business interruption is the most significant risk for companies in the region and this is no surprise as Asian economies are increasingly participating in trade globally and regionally....
by AIP Online Bureau | Jan 14, 2025 | Data, Eco/Invest/Demography, Policy, Risk Management, Technology
“This revolution will fundamentally reshape jobs, driving productivity and innovation. Building talent pipelines and prioritising upskilling must be at the forefront of every organisation,” said Rajiv Memani, Chairman and CEO, EY India New Delhi: The Generative AI...
by AIP Online Bureau | Jan 14, 2025 | Data, Eco/Invest/Demography, Non-Life
Passenger vehicles (PV) grew by 4.2 per cent in 2024 as compared to the previous year, with sales of around 43 lakh units. Three-wheelers posted a growth of 6.8 per cent in 2024 as compared to the previous year, with sales of 7.3 lakh units. New Delhi: India’s...
by AIP Online Bureau | Jan 14, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology
IMD Director General Mrutyunjay Mohapatra said the Vision-2047 document will help integrate weather and climate information into all national objectives, making India a “weather-ready” and “climate-smart” nation while improving socio-economic...