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Cyber insurance cover cost soars up to 60% with rise in attacks

Cyber insurance premiums have surged 50-60% in the past year as reinsurance rates have gone up amid a global increase in cyberattacks and ransomware incidents. To cope with these soaring costs, companies are adopting measures such as reducing coverage capacity or increasing deductibles to maintain affordable premiums. ....

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RBI allows HDFC Bank to hike stake in HDFC Life, HDFC ERGO to more than 50%

The merger between HDFC Bank and HDFC is expected to complete by July 2023. ....

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Google Cloud, HDFC ERGO team up to digitise insurance buying in India

HDFC ERGO General Insurance looks to completely migrate to the cloud by 2024 with the help of Google’s data and predictive analytics.
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'Cyber insurance is among the fastest growing segments'

While digital payment systems brought in financial inclusion, the flip side of this is rising security threats and data breaches, says Sanjay Kaw, president-commercial business, HDFC ERGO ....

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Competition Commission Okays HDFC Bank's Stake Buy In HDFC ERGO

Competition Commission of India has cleared HDFC Bank's acquisition of 4.99 per cent stake in HDFC ERGO General Insurance Company ....

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