A review of shipping signals have confirmed only two commercial...
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London marine insurers still offering Middle East cover as War Risk rates rise: Gallagher
“Given the challenging maritime security environment, rates have...
Lloyd’s market engaging with US government over Gulf maritime plan, officials say
“Lloyd’s is engaging constructively with the U.S. Development...
India economy to grow 6.4 pc in 2024-25, slowest in 4 years: Govt data
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data . New Delhi: The Indian economy is estimated to grow at 6.4 per...
Powerful Tibet earthquake near Nepal kills at least 96
The quake hit at 9:05 a.m. (0105 GMT), with its epicentre located in Tingri, a rural Chinese county known as the northern gateway to the Everest region, at a depth of 10 km (6.2 miles), according to the China Earthquake Networks Centre. The U.S. Geological Service put...
Strong reinsurer appetite drives excess property catastrophe capacity at January 1:Guy Carpenter
Dean Klisura, President & CEO of Guy Carpenter. “Renewal outcomes at year-end reflect reinsurers’ positive property experience over the last two years and casualty portfolios that are well-positioned for future profitability,” said GC. London: Global reinsurance...
Sensex tumbles 1,258 points over HMPV fears, global uncertainties, Investors’ wealth tumbled Rs 10.98 lakh crore
"The Indian equity markets are witnessing a sharp decline today, with both Nifty and Bank Nifty slipping below their 200-day moving averages (DMA). The sell-off can be attributed to a rise in Foreign Institutional Investors (FIIs) selling and concerns surrounding the...
HMPV not deadly, no evidence of mortality or severe spread: Dr Raman Gangakhedkar
“We can say HMPV is definitely not deadly. Most infections are mild, and only in children who are less than five and those who are over 65. It can cause common cold-like symptoms for 4 to 5 days,” Dr Raman Gangakhedkar, former Indian Council of Medical Research (ICMR)...
FIU-IND signs MoU with Irdai for enhanced coordination, information exchange
(L to R) Satyajit Tripathy, Member (distribution), Irdai and Vivek Aggarwal, Director, FIU-IND and signed an MoU in New Delhi for sharing of intelligence and information to check money laundering The MoU was signed as part of continued coordinated efforts in effective...
Biden signs Social Security measure to expand benefits for some retirees
President Joe Biden "The bill I'm signing today is about a simple proposition: Americans who have worked hard all their lives … should be able to retire with economic security and dignity," Biden said. "That's the entire purpose of the Social Security system crafted...
5 cases of Human Metapneumovirus (HMPV) detected in 3 states
The ICMR emphasized that despite the detection of these 5 cases, there has been no significant increase in Influenza-Like Illness (ILI) or Severe Acute Respiratory Illness (SARI) cases in the country. New Delhi: The Indian Council of Medical Research (ICMR) has...
A top climate group for banks and asset managers is making changes
While GFANZ has grown in prominence — it now has more than 700 members — it also has become a target of US Republicans who accuse such alliances of functioning as anti fossil-fuel cartels. Such accusations have coincided with an increase in investigations and lawsuits...
Biden to permanently ban new offshore oil and gas exploration in some US coastal waters
US President Joe Biden The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production. Unlike other executive actions that can be easily undone, Biden’s planned declaration is rooted in a 72-year-old law that gives...