Risk Management

Govt approves Rs 107 cr for fire-fighting facilities at Haldia Dock

Indian News       Jul 14, 2020

  New Delhi: The government on Tuesday said it has approved Rs 107 crore for modern fire-fighting facilities at Haldia Dock Complex of Kolkata Port to ensure safe cargo operations, especially petro-chemical goods. Kolkata Port is one of the top 12 major ports in the country....

UK bans Huawei from 5G network, orders telcos to stop buying its equipment

International News       Jul 14, 2020

London: UK bans Huawei from 5G network, orders telcos to stop buying its equipmentBritain's government on Tuesday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the UK's new high-speed mobile phone network in a decision with broad implications for relations...

Fabien Conderanne,Regional Head, Financial Solutions,Asia Pacific,Willis Towers Watson

Willis appoints Fabien Conderanne as Regional Head of Financial Solutions in Asia Pacific

International News       Jul 14, 2020

  SINGAPORE: Willis Towers Watson, a leading global advisory, broking and solutions company, announced the appointment of Fabien Conderanne as Regional Head, Financial Solutions for Asia Pacific. effective 1 July, Fabien takes over from Stuart Ashworth, who has been promoted to the global role of Head...

Markel appoints Head of Renewable Energy,first ever based in Asia

International News       Jul 13, 2020

  London &Singapore:  Markel International, the specialist insurer, has today appointed Thomas(Tom) Baker as senior underwriter - head of renewable energy. Based in Singapore, Tom is Markel’s first ever Asia-based global head as well as their first renewable energy underwriter in the region. Reporting to Rohan...

China's bank and insurance sectors facing rises in non-performing assets - regulator

International News       Jul 11, 2020

BEIJING: China’s banking and insurance sectors are facing increasing pressure from rises in non-performing assets, the China Banking and Insurance Regulatory (CBIRC) said on Saturday. Asset quality at some small and medium-sized financial institutions is deteriorating due to the coronavirus pandemic, the regulator said in...

India panel proposes new regulator for non-personal data: draft report

Indian News       Jul 10, 2020

  NEW DELHI: India should set up a data regulator and require companies to disclose how they collect and store data devoid of personal details or which has been anonymised, a panel tasked to draw up such regulations has said in a draft report seen by...

Why reveal names of COVID-19 patients? it involves privacy: Bombay HC

Indian News       Jul 10, 2020

    Mumbai:  The Bombay High Court on Friday sought to know why should the names of persons who have tested positive for COVID-19 be disclosed and said the issue involves privacy rights of such patients. A division bench of Justices A A Sayed and M S...

U.S.bans Pakistan International Airlines flights over pilot concerns

Facts       Jul 10, 2020

SYDNEY:  The U.S. Department of Transportation said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to the United States, citing Federal Aviation Administration (FAA) concerns over Pakistani pilot certifications. The information is contained in a revocation of special authorisation dated...

Jerome Jean Haegeli, Group Chief Economist,Swiss Re

Covid-19 Pandemic:Prm growth in emerging markets to remain positive in 2020 & 2021,says Swiss Re

Articles       Jul 09, 2020

  The insurance industry is set to overcome this year’s COVID-19-induced global economic recession, the latest Swiss Re Institute’s sigma says. The COVID-19 crisis will present challenges to industry profitability.In addition to pandemic-related losses, investment returns will remain subdued as interest rates stay low for longer,...

Bollywood wakes up to Covid-19 risks,Taapsee Pannu's Looop Lapeta can be first film to be covered

Indian News       Jul 09, 2020

MUMBAI: The upcoming Taapsee Pannu-starrer "Looop Lapeta" could become one of the first films to be covered for Covid-19 insurance in Bollywood. The film's producers Atul Kasbekar and Tanujj Garg are in talks with a legal expert to get COVID-19 insurance for their projects, and...

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