SYDNEY (Reuters) - Australia’s QBE Insurance Group (QBE.AX) said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a “material risk” for its operations across the globe. … [Read more...] about Climate change could make premiums unaffordable: QBE Insurance
Repossession insurance companies
Edited excerpts: Can you give us an overview of the Cybersecurity landscape in the BFSI sector? Any organisation today are a primary target for attack because their information holds such tremendous value for cybercriminals. As financial services organisations innovate and progress with their digital transformation strategies, they must also ensure they are effectively addressing cybersecurity threats. Companies that can provide personalised, seamless digital experiences for their clients, while stopping threats and proving compliance, can win and retain customers and alleviate operational costs. The other issue is fragmented and disconnected security controls — and this challenge has just exacerbated by the adoption of multi-cloud.IBM Security has been helping the BFSI sector globally, to build frictionless digital experiences for legitimate clients while keeping the hackers and attackers out; protecting critical assets; detect and stop advanced threats; intelligently … [Read more...] about “BFSI customers using capabilities from the cloud for higher security”
Contact your home or commercial insurer as soon as possible. Most will have 24-hour emergency helplines to ensure customers get advice on what to do and arrange repairs as quickly as possible Only return to your home or business when it is safe to do so. If your home is unsafe, your insurer should be able to arrange temporary alternative accommodation If necessary, arrange temporary emergency repairs to stop any damage getting worse. Tell your insurer and keep any receipts, as this will form part of your claim Do not be in a rush to throw away damaged items, unless they are a danger to health, as these may be able to be repaired or restored. Your insurer will advise For business and commercial properties, commercial insurance should cover damage to the premises and stock. … [Read more...] about Storm Dennis: What should I do if I am flooded?
The fund management industry is under pressure to cut costs because of increased use of investments tracking the index – passive investing – which means firms are becoming bigger. The bigger the index tracking fund the cheaper it is to operate, making active fund managers – such as stock pickers – appear less profitable. … [Read more...] about Standard Life and Aberdeen seek to tie in key staff in £11bn merger
"This refers to the news item published in the Business Standard of 17 February, 2020 regarding LIC Housing Finance - IDBI Bank merger put on fast track. In this regard we hereby deny the above news item and clarify that no such proposal has been discussed in the Board Meeting of IDBI Bank," IDBI Bank said in a statement to the stock exchanges. … [Read more...] about LIC, IDBI Bank deny reports of merger between LIC Housing Finance and the bank