Apart from Chubb, Travelers, Liberty Mutual Insurance, Berkshire...
Category:
Eco/Invest/Demography
Latest
West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high
The additional war risk premium stood at approximately Rs 30,00,000...
Secret codes and upto 2 million Chinese yuan fees get ships through Iran’s Hormuz tollbooth
People in the shipping industry and government officials with...
Post Brexit,UK seeks closer EU ties on financial services for growth
Six years after Britain left the European Union, Keir Starmer’s Labour administration is trying to forge closer links with the bloc, and Reeves has identified financial services as a key area that can help revive the UK’s stuttering economy. As part of that, ministers...
FPIs pull out Rs 35,475 cr this week from Indian markets, March outflows hit Rs 88,180 cr
Overall, the continued selling pressure reflects cautious sentiment among foreign investors amid geopolitical uncertainty and rising global risks.Market experts said that persistent global concerns, particularly due to tensions in West Asia and elevated crude oil...
Foetus older than 5 months would be treated as ‘person’ in eyes of law,entitled for compensation: HC
Justice Prashant Kumar of the court's Lucknow bench held that a foetus beyond a certain stage of development acquires the status of an independent life and that the loss of such a foetus cannot be ignored. It observed that the death of the unborn child must be treated...
West Asia Conflict:Trump indicates possible end to conflict,Oil price spike continues
US President Donald Trump ``We are getting very close to meeting our objectives as we consider winding down our great Military efforts. The Hormuz Strait will have to be guarded and policed, as necessary, by other Nations who use it, the United States does not," Trump...
Safer Roads:NHAI to deploy AI powered dashcam monitoring system for 40,000 km of National Highway network
The project aims to enhance remote tracking and road condition assessments using high-resolution imagery and video data. Specialized dashboard cameras will be mounted on Route Patrol Vehicles (RPVs) to conduct weekly surveys on all the stretches comprehensively....
Crop Loss:Chouhan asks officials to expedite insurance claims to farmers
Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, and Rural Development Chouhan stated that the government’s focus is not limited to production alone, but also extends to the scientific assessment of crop damage, proper settlement of...
US allies see no way of opening Hormuz Strait during war
European capitals are preparing to combine military and insurance options for a post-conflict transition period.The UK has been in talks with Lloyds of London — the world’s largest insurance market — about insurance products and prices for when that happens, according...
US sending Marines and amphibious assault ship to Middle East, officials say
Even if the conflict does stop soon, there will be no rapid recovery from the upheaval caused by airstrikes and Iran’s virtual closure of the Strait of Hormuz, the conduit for 20% of the world’s oil and liquefied natural gas The U.S. military is deploying a large...
Indian gas tankers getting ready to sail through Hormuz, data shows
India’s foreign ministry spokesperson, Randhir Jaiswal, said separately on Friday that the country was “in favor of safe and unhindered movement” of India’s fleet of 22 vessels which were inside the Gulf, adding that Prime Minister Narendra Modi was talking to other...
Airspace curbs, higher operational costs pose challenges for airlines amid West Asia conflict
Officials also said insurance premiums in the wake of the war have surged since February 28, ranging from Rs 30 lakh to up to Rs 1 crore, depending on narrow-body and wide-body aircraft.One of the officials said there is now a kind of war premium, which is about Rs...