Costs of insuring projects may also increase as the recent flooding...
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Thailand shifts disaster risk to insurers with $467 million plan
The government on Tuesday approved a 15.5 billion baht ($467...
Public Insurance Registry to strengthen consumer protection, market efficiency, insurance coverage and reforms, says IRDAI
`Envisaged not merely as a data repository, but as an innovation...
UK’s Cooper warns AI is emerging as decade’s greatest security risk
Yvette Cooper, foreign secretary , UK A recent report for the United Nations warned of potentially “catastrophic outcomes” from AI being used to facilitate cybercrime, fraud and disinformation. It said the development of the technology was outpacing governments’...
Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities
"We will be setting up a life insurance company in the cooperative sector. This will help in the growth of cooperatives in the insurance sector."Union Minister Amit Shah New Delhi:Union Minister Amit Shah on Monday said a cooperative life insurance company will be set...
Indian auto retail records best-ever June with 21.83% YoY growth: FADA
Reflecting on the June 2026 performance, FADA President C S Vigneshwar said, "June'26 has been a landmark month for Indian Auto Retail -- the best June ever recorded, with Two-Wheelers, Three-Wheelers, Commercial Vehicles, Passenger Vehicles and overall registrations...
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy
Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third-biggest car market. NEW DELHI: India's government on Friday sought...
World’s biggest domain seller fears India’s fake site crackdown could damage internet
Starting in 2019, lawsuits were brought by dozens of Indian and global firms - Amazon against fake shopping sites trading on its name and McDonald's complaining against bogus sites offering franchises. In December, an Indian court blocked more than 1,100 such...
Allianz warns of rising uninsurable assets
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
After WhatsApp, IT Ministry sends notice to Telegram, Signal over username feature
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...