Tag Archives: Risks:

Big insurers brace for perilous future as climate risks escalate

After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against weather natural disasters could reach unaffordable levels for households and companies, while the potential damage is so unpredictable it may be impossible to model—an unacceptable risk to insurers. ... Read More »

The untold risks of buying a used car

For car and motor lovers, the Total Motor Show lived up to all the pre-event hype. The event, organised every two years, is the only place East Africans can see all car and motor brands at a go. “This is where to find everything motoring,” commented one of the organisers. My take home from 2015’s dose was the need for ... Read More »

Loans Against Property Pose Increasing Risks: Moody’s

New Delhi: Moody’s Investors Service on Friday said the overall asset profile of property retail loan portfolio of banks is stable although risks are rising in the non-traditional loan against property segment. “Growth in loan against property (LAP) loans has outpaced overall retail credit growth in recent years, but relatively loose underwriting practices and a tightening in credit following India’s ... Read More »

Apple’s FBI Clash Risks Piercing Trust in EU Privacy Shield

Apple Inc.’s fight with the US government over whether it can be forced to help unlock an iPhone has spilled across borders, threatening to delay a trans-Atlantic pact protecting European data from American eyes. National regulators from across the European Union promised to give their verdict next month on the so-called privacy shield deal, which toughens EU protections where the ... Read More »

Survey Shows Economy Faces Downside Risks: India Inc

New Delhi: The Economic Survey shows India’s economy faces downside risks in the backdrop of a global slowdown and the government needs to take steps to boost rural demand and improve ease of doing business while initiating bold reforms like the GST (Goods and Services Tax), industry experts said on Friday. “Although the economy is on an upswing, it faces ... Read More »