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CYBER INSURANCE RATES
Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...- Household savings rise to 21.7% of GDP in FY25: GovtHousehold savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%It was after quite some time that market breadth, always a better indicator of underlying sentiment, was positive for a few trading session...
- If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
- In a big sovereignty push, Google Cloud to host its latest AI models in India: Global chief Thomas KurianGoogle Cloud, which has an annual revenue run rate nearing $80 billion, is establishing a specialised hub of “forward deployed engineers” i...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Companies fish for cyber cover as AI liability risks surfaceIndian companies are turning to cyber insurance for protection against AI risks. Concerns about AI agents going rogue or chatbots providing...
- Cyber cover rush gathers pace as digital risks mountThe time taken to put a cyber insurance cover in place has shrunk dramatically to just a few days from six to seven months earlier, as comp...
- Fintechs, NBFCs run for cyber insurance cover amid rising threatsCyber insurance demand is surging among financial services firms, including cooperative banks, NBFCs, and fintech startups, driven by incre...
- Insured losses from CrowdStrike outage could reach $1.5 billion: CyberCubeGlobal insured losses from a recent IT outage caused by a software bug in CrowdStrike's quality-control system are projected to range from ...
- Insurers face business interruption claims after global tech outageA worldwide tech outage caused by a cybersecurity firm's software update has led to possible business interruption claims across various in...
- Companies rush for cyber insurance on data laws, digitisationGenerally higher claims and lack of strong IT systems for SMEs is causing insurers to be wary about offering these products actively.
- Cyber insurance gains momentum in India; set to witness exponential growth: DeloitteA report by Deloitte predicts that the cyber insurance market in India will grow by 27-30% in the coming years. The current market is value...
- Cyber insurance rates drop 10% in June -reportCyber insurance rates more than doubled in 2021 during the COVID-19 pandemic, driven by a rise in so-called ransomware attacks, Howden said.
- Cyber insurance cover cost soars up to 60% with rise in attacksCyber insurance premiums have surged 50-60% in the past year as reinsurance rates have gone up amid a global increase in cyberattacks and r...
- Bank body asks lenders to get cyber insuranceWhile the larger lenders have cyber insurance covers ranging from Rs 350 crore to Rs 500 crore, many of the smaller players have only the B...
- Next cyber-attack could cost insurers $2.5 billionCybercrime insurers largely avoided costly claims from the recent attacks that hit businesses around the globe. The next global virus could...
- Cyber insurance premiums rocket after high-profile attacksAverage rates for retailers surged 32 percent in the first half of this year, after staying flat in 2014, according to previously unreporte...
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