Post-Covid work arrangements bring cyber insurance into spotlightMoody's said that entities that fail to adapt will be at the most risk with risks rising across the board during periods when organizations...
Warren Buffett's Berkshire pares drug holdings, sheds Axalta, BiogenIn the second quarter, Berkshire said it exited a $180 million stake in Biogen Inc and reduced investments in Abbvie Inc, Bristol-Myers Squ...
Buffett's Berkshire buys Aon, slashes Chevron and Wells FargoBuffett is "likely shoring up reserves" for a major acquisition, said Doug Kass, a principal at Seabreeze Partners Management LLC in Palm B...
Warren Buffett's Berkshire reveals three new secret buysThe Apple stake reduction left Berkshire with a holding valued at about $120 billion at the end of 2020, according to another filing. The i...
Long-lasting global recession likely due to COVID-19, says World Economic Forum reportTwo-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy...
PNB loses UK High Court appeal in USD 45-million deceit claimThe issue in contention was whether the High Court of England and Wales should accept jurisdiction to try the claim by London-based Punjab ...
Marsh raises stake in Indian arm to 49%This is the maximum permitted foreign direct investment in India-based insurance broking firms.
PNB's $45 million fraud claim dismissed by English courtThe High Court, England, on Thursday dismissed a $45 million fraud claim by the UK subsidiary of Punjab National Bank (PNB) against seven i...
Vijay Mallya may lose home in London to UBS bankUBS seeks an order for possession against the three family members and an order for payment of the sum due against Rose Capital Ventures Li...
Cyber attacks, volatile weather top risks for India Inc: SurveyThe survey that covered representatives of C-suites, executives, and risk professionals across 19 industries, noted that 88 per cent respon...
Tesla shares fall after driver claims car crashed while using autopilotThe regulator and Tesla have said Autopilot is a driver-assistance feature and not a self-driving system, and drivers are told when engagin...
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...
- Marsh launches insurance cover for water utilities
Insurance brokerage firm Marsh India on Friday launched a specialist contamination insurance product for water utilities.
- Insurance clients face risk of rising premium as rates bottom out
Premium rates for corporate covers, property insurance, general liability and directors & officers (D&O) policies appear to have bottomed o...
- Lehman Collapse: Risk management comes into sharp focus
The global shockwaves following Lehman Brothers' collapse have woken India Inc to the importance of sound risk management system. Lessons f...
- Tata Tea buying Everest buzz gets louder
There’s no deal yet. But the buzz just seems to be getting louder on Tata Tea’s talks with Mount Everest Mineral Water. Should the deal go ...
- Govt circulates paper on labour mkt
Government has circulated a "discussion paper" among the various stakeholders with a view to make labour market flexible, Rajya Sabha was i...