Flipkart to offer Covid-19 covers of ICICI Lombard and Digit Insurance in its e-platform

  Bangalore: Flipkart, a Walmart-owned  retailer,has announced that the health insurnace policies that distinctly cover COVID-19 offered by two general insurers-ICICI Lombard and Digit Insurance- are now available on its platform.   These two group health insurance policies come with instant claim benefits and do not require...


Multiple billion-dollar severe weather outbreaks affect the U.S. during March, Aon cat report

  CHICAGO: The monthly Global Catastrophe Recap report by Aon plc,evaluating the impact of the natural disaster events that occurred worldwide during March 2020,reveals a total economic losses in excess of USD1.1bn, with roughly three-quarters of the total covered by insurance.   Steve Bowen, Director and Meteorologist...


Catherine McGuinness, Chair of the Policy and Resources Committee, City of London Corporation

``There will be a post-Brexit trade deal between India and the UK''

  How is City of London preparing for Brexit as it is now very certain? Departure from the EU on 31st January is just the end of phase 1 of the Brexit process.  The future trading relationship still needs to be resolved, and negotiations will be...


   

Climate-change effects to drive rising losses from severe weather events:Sigma study

  The latest sigma "Natural catastrophes in times of economic accumulation and climate change" says that Swiss Re Institute expects that global warming will lead to growing intensity and frequency of severe weather events, but also to more uncertainty in their assessment.   Economic and insured losses...