Pandemic drives insurance penetration in India

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The COVID-19 pandemic has resulted in increased insurance penetration in India, according to data from Swiss Re.

The global reinsurer’s sigma report on world insurance indicated that India’s insurance penetration grew from 3.76% in FY20 to 4.2% in FY21. Both life and non-life insurance segments registered increases in the 12-month period, Times of India reported.

Life insurance penetration improved from 2.8% to 3.2%, while non-life penetration increased from 0.94% to 1%.

The COVID-19 crisis, particularly the deadly Delta variant wave that swept through India around May, has driven demand for medical and life insurance. Swiss Re’s survey showed that between

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‘Be part of the future of the insurance industry’ – Dive In 2021

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Read next: Dive In 2021 registration is now open

Groves has been involved with Dive In from the very beginning. Diversity and inclusion is something Groves has always been passionate about “for personal and other reasons,” so when Inga Beale – former CEO of Lloyd’s of London – approached him in 2015 and asked him to get involved, he jumped at the opportunity.

Since 2015, Dive In has grown from a small four-day festival around the Lloyd’s building in London, to a global festival with events in more than 30 countries reaching over 30,000 attendees in 2020. Despite the COVID-19

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Ransomware group solicits employees to hit companies

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One ransomware hacker has turned to an unlikely approach to infect victims’ computer systems – by soliciting help from their victims’ employees.

In one of its latest blog reports, cybersecurity company Abnormal Security noted that it has recently identified and blocked a number of suspicious emails sent to its clients. The emails allegedly come from an individual with ties to the DemonWare ransomware group.

In the emails, the threat actor sender tells email recipients that if they can help deploy ransomware on a company computer or server, then they would be either paid US$1 million in bitcoin or 40% of

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Global voices 2021: Cross-border insights

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The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and commerce. With lockdowns came new consumer attitudes and behaviours.

Last year, more people around the globe made online purchases for the first time. Others got more comfortable with the kinds of purchases they could make, the places they could make them, and how they could pay for and receive those purchases.

Retailers and brands, many of whom faced the threat of bankruptcy or permanent closure, were forced to find ways to address both new and

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