Top insurance Technology News
-
100% FDI in insurance to boost capacity, protect policyholders: Irdai chief Ajay Seth
Ajay Seth, chairman of the Insurance Regulatory and Development Authority of India. (Reuters) Summary In an interaction with Mint, Irdai Chairman Ajay Seth outlines Irdai’s approach to balancing sector liberalization with consumer protection, amid proposed reforms such as the Sabka Bima Sabki Raksha Act. The insurance sector requires deregulation in some areas and stronger regulation
-
Report: Billions of Dollars in Data Center Construction Risk Is Uninsured
Annual investment in data centers could surpass $300 billion by 2027, according to S&P Global Ratings—and as hyperscale campuses push total insurable values to between $10 billion and $30 billion per location, the insurance market that traditionally underpins large construction projects is struggling to keep pace. “The biggest change we see right now is the
-
Ripple taps Kyobo Life to enable real-time government bond settlements in Korea
Partnership cuts bond settlement time from two days to near real-time. Bond settlements will use blockchain to reduce risk and remove intermediaries. Impact expands into payments, liquidity, and treasury systems. Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest institutional investors, stepping into government bond settlement. This move signals a shift in
-
Ripple Marks Significant Step in Korea Through First Collaboration With a Leading Insurance Institution
Ripple’s first partnership with a major Korean insurer signals a key step toward building institutional-grade digital asset infrastructure. The collaboration with Kyobo Life centers on enabling regulated tokenized government bond transactions through Ripple Custody. Key Takeaways: Ripple secures a landmark partnership with Kyobo Life to test tokenized bond settlement. Kyobo Life becomes the first major
-
FDIC Proposes GENIUS Act Rules for Bank Stablecoin Issuers: 1:1 Reserves and 2-Day Redemptions Required
The Federal Deposit Insurance Corporation approved a notice of proposed rulemaking Tuesday, laying out reserve, redemption, capital, and risk management requirements for bank-affiliated stablecoin issuers operating under the GENIUS Act. Key Takeaways: The FDIC approved a proposed rule on April 7, 2026, implementing GENIUS Act standards for stablecoin issuers. Permitted payment stablecoin issuers must hold
-
Trump moves to shield farmers rattled by tariffs and war. But the U.S. is already doling out $10B to near-millionaire and even billionaire farmers
President Donald Trump convened what he called the single largest gathering of American farmers at the White House on Friday, bringing together more than 800 cowboy-hat-wearing men and women. They filled the South Lawn alongside a shiny golden tractor as the president touted his support for the agricultural industry. “I just gave you $12 billion.
-
An Arm and a Leg: Steep Health Care Costs Steer Americans to Tough Decisions
Note: “An Arm and a Leg” uses speech-recognition software to generate transcripts, which may contain errors. Please use the transcript as a tool but check the corresponding audio before quoting the podcast. Dan: Hey there. About a dozen years ago, Nicole Wipp was trying to spend less time running her law firm and more time with
-
Vakrangee partners Bajaj General Insurance for health, motor, home and travel policies
Home Market News Stocks News Vakrangee partners Bajaj General Insurance for health, motor, home and travel policies Shares of Vakrangee Limited ended at ₹5.71, down by ₹0.100, or 1.72%, on the BSE. 2 Min Read Mumbai-based software player and white-label ATM operator Vakrangee Ltd on Saturday (March 21) said it has entered into a corporate
-
Stablecoins just lost key battle as insurance protection to be reserved only for bank-issued tokens
The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance
-
Risk managing data centre developments
As the sector accelerates, data centre developers, owners and contractors face risks beyond conventional industrial or logistics projects. Power availability, intricate fit-out and specialist insurance all affect programme certainty and liability. Success increasingly depends on early coordination and clear risk allocation from the earliest stages. The surge is driven by demand from the likes of
-
Circle outperforming crypto sector as stablecoin adoption grows
Homepage > News > Business > Circle outperforming crypto sector as stablecoin adoption grows Stablecoin issuer Circle (NASDAQ: CRCL) is having a better year than the overall digital asset sector, but will AI agents offer additional growth opportunities or unleash economic mayhem? Circle off to roaring start in 2026 AI agents + digital assets: convenience
-
Binance commits to gigantic Bitcoin purchase as an implicit apology for October liquidation meltdown
Binance just turned its emergency insurance fund into a public, auditable pledge. And it reads like a crisis-repair letter in balance sheet form. The exchange announced Jan. 30 that it will convert SAFU’s roughly $1 billion stablecoin reserves into Bitcoin within 30 days, with an explicit promise: if BTC price movements push the fund below
