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CATASTROPHIC EVENTS CLAIMS
How Artificial Intelligence is Reshaping Cryptocurrency Security and Fraud PreventionSophisticated AI-powered fraud is escalating, with global digital asset fraud surging 30% in 2025. Binance is combating this by deploying p...- Scientists say Earth’s crust is sinking beneath central Turkey in a strange circular pattern, and they believe they finally know whyScientists have discovered a 'bullseye' of rapid sinking in Turkey's Konya Basin. This unusual land subsidence is linked to deep tectonic a...
- 'Aesthetic catastrophe': Why Christopher Nolan's 'The Odyssey', his costliest movie ever, is being trolledChristopher Nolan's new film, The Odyssey, is generating buzz and controversy online. Critics are questioning the casting choices and histo...
- 7700 distress signal, no debris, no CENTCOM response: KC-135 tanker missing over Qatar — what it really means for U.S. military operations and rising Gulf tensionsA U.S. Air Force KC-135 Stratotanker — one of the most critical assets in American military aviation — vanished from radar over the Strait ...
- Corporate insurance rates crash amid growing competitionMumbai's commercial insurance market is experiencing a significant premium drop as insurers slash rates to secure large corporate clients. ...
- Winter storm to cause billions of dollars in insured losses, UBS estimatesA major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at bro...
- Cos may have to pay more for fire and engineering coverBusinesses and industrial units will see increased premiums for fire and engineering insurance starting January. Catastrophic events like f...
- 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...
- Catastrophe bonds provide a financial safety net to insurersA SBI report published in July said that India ranks third after the US and China in recording the highest number of natural disasters sinc...
- Cost of natural disaster cover set to riseThe overall impact on property insurance rates would be marginal because catastrophic risks are one component of the policy.
- Cost of cover against natural disasters may rise by 10-15%On account of natural catastrophes, the industry is expecting premium rates to harden on April 1, when most corporates will renew their pro...
- Global economy loses $37 billion from calamities in H1 2015: Report"According to estimates, economic losses from both natural catastrophes and man-made disasters reached $ 37 bn in the first half of 2015," ...
- GIC Re plans to set up national catastrophe fundGIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...
- General Insurance Corporation to offer catastrophe bondsIndian bond investors will soon get a novel product — catastrophe bonds from the state-run reinsurer, but it will be a high risk and high-r...
- Indonesian earthquake aftershocks: Insurers may impose new restrictionsThe Indonesian earthquake may force reinsurers to impose new restrictions and lead to increase in premium and deductibles.
- Reinsurers to set cap on liability claim for disastersStung by mammoth claims from natural calamities, reinsurers are imposing a limit on the maximum liability that non-life insurers can claim ...
- Catastrophe-led losses hit a record this yearEconomic losses arising out of very severe natural catastrophes during the first six months of 2011 have surpassed all previous records.
- Japan earthquake and nuclear catastrophe leaves a Rs 400 crore hole in GIC booksThe total economic loss is estimated at around $409 billion. The insured loss, however, is estimated to be around $40 billion.
- Calamity insurance costs to go up after Japan disaster: InsurersExpert also said the global re-insurance companies, like Munich Re or Swiss Re, might have to enhance their natural catastrophe budget for ...
- Natural, man-made disasters wipe out $269 bn globally in '08It is not just the financial crisis that is proving costly for economies, but natural and man-made disasters are also eroding global wealth...
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