"The Ministry stated that, since the beginning of the attack, 137...
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Middle East Crisis: 444 flights expected to be cancelled on March 1, Flight disruptions hit passengers across India
“Passenger assistance, airline coordination, and terminal crowd...
West Asia Crisis:Oil, gas tankers avoid Strait of Hormuz as tensions intensify
Tracking data shows some tankers turning around, and at least one...
US SEC chair says agency plans to create new rules for crypto tokens
Paul Atkins, the chair of the Securities and Exchange Commission In remarks made at the outset of a public meeting of the SEC’s crypto task force, Atkins also indicated that the SEC may consider tweaking its rules so that registered broker-dealers with an alternative...
Markel launches first-of-its-kind affirmative cyber product for collateral war cover
Chris Burgess, Director of Cyber at Markel International, commented: "With this new product, Markel is responding to the changing needs of our clients. We're conscious that some larger clients still want cyber cover for the indirect impact of war, and this product is...
UK’s financial regulator to relax rules for pushing insurance to large companies
The changes aim to better differentiate big corporates from smaller businesses that take out insurance, the Financial Conduct Authority said in an emailed statement on Wednesday. The move would “ease the burden on firms insuring larger businesses that can manage risks...
Wildfires and floods cause billion-dollar economic loss in Asia Pacific in the first quarter of 2025: Aon Report
George Attard, CEO for Reinsurance Solutions for APAC , Aon In the APAC region, the protection gap was much higher with 95 percent of the losses not covered. Increases in population density in coastal areas, wealth and overall exposure to natural hazards in high-risk...
Google facing at least €12 Billion in civil claims across Europe
The civil suits are linked to a 2017 decision by the European Commission to fine Google €2.4 billion for illegally leveraging its search dominance to give its own shopping service an edge Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage...
India approves 3 more Russian insurers to provide marine cover
With the granting of the permits to Sberbank Insurance, Ugoria Insurance Group and ASTK Insurance Company, India now recognizes eight Russian entities that are eligible to provide protection and indemnity (P&I) coverage for ships. New Delhi: India has approved...
Indian stock markets ends lower on Tuesday as investors book profits
The foreign institutional investors have sold Rs 477 crore worst of Indian shares while domestic players have bought shares amounting to Rs 4,777 crore on Tuesday. “Geopolitical tensions remained in focus as market participants monitored the fragile ceasefire between...
Need to further strengthen financial inclusion initiatives: FM Sitharaman
Finance Minister Nirmala Sitharaman As of March 19, PMJJBY has enrolled 23.36 crore individuals. During the decade, the scheme processed 9,37,524 claims, of which 9,05,139 claims were successfully disbursed, releasing a total sum of Rs 18,102.78 crore. New Delhi:...
India records 5.4 mn displacements due to disasters in 2024, highest in 12 years: Report
According to the report, Assam saw 2.5 million internal displacements in 2024 due to the most intense floods in more than a decade that struck the state. Storms, including major cyclones, triggered 1.6 million displacements in the country. More than a million...
UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs
Andrew Witty, CEO ,UnitedHealth UnitedHealthcare is the US' largest provider of Medicare Advantage plans, with more than 8 million customers. Those are privately run versions of the federal government coverage programme mostly for people ages 65 and older....