Financial industry articles
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India needs financial risk coverage for commercial space launch industry
A single crash of a rocket in 2019 cost more than over $411 million to space insurers, who provide insurance cover for space missions. Last year, the total premiums collected in the space insurance market globally was $550-600 million, but claims totalled $1 billion.With an increasing number of launch failures, communication problems and space debris, space insurance has come to be categorised as a high-risk field of insurance. With India becoming a key space economy, the significance of...
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Financial Quick Hits: Cybersecurity – keeping your financial information secure
In this Financial Quick Hits, Kevin McDermott talks about keeping your financial information secure. He shares some recommended steps to take, including keeping the software on your devices up to date. Financial Quick Hits is sponsored by Morgan Stanley. © 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.
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A vegan cheese was selected to win an industry award. Then the industry found out.
A vegan cheese was selected to be a finalist in the Good Food Awards, and, it turns out, was going to win in its cheesey category. But when the business got wind of it, it was suddenly disqualified without explanation. The reasons ultimately squeezed from it were desperate: first, the presence of a banned ingredient that wasn't even present, on the basis of a rule they added to the rulebook after the finalists were announced, then a claim that all entries must be ready for retail—which, it turns...