Bitcoin hovered in a narrow USD 66,000-USD 67,000 range with...
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Maritime Reinsurance: 6 more US insurers to partner DFC and Chubb providing up to $40B in coverage for Strait of Hormuz passage
Apart from Chubb, Travelers, Liberty Mutual Insurance, Berkshire...
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...
Govt releases white paper on democratising access to AI infrastructure
The white paper highlights key enablers aligned with India’s AI governance vision, including expanding access to high-quality, representative datasets; providing affordable and reliable computing resources; and integrating AI with Digital Public Infrastructure (DPI)....
China plans to tighten AI rules, to ensure services are ethical, secure and transparent
According to the draft proposals, providers must conduct a security assessment and submit a report to the provincial cyberspace administration if they launch any human-like AI features. A report will also be required for services that gain 1 million registered users...
Autonomous Services:Uber Technologies and Lyft Inc. each teaming up with Baidu Inc. to trial driverless taxis in UK
Global robotaxi rollouts are accelerating, with Chinese companies such as Baidu and Weride Inc., and Alphabet Inc.’s Waymo leading the charge. Uber and Weride have launched driverless operations in Abu Dhabi, with plans to expand in the Middle East. Baidu is...
Investors’ wealth surges by Rs30.20 lakh cr in 2025 as stock markets post decent gains
"Despite outflows continuing to be an issue for foreign investors, the resilience of the market was demonstrated. One of the key drivers for the Indian market in 2025 has been the presence of robust domestic investor support," Nitin Rao, CEO, InCred Wealth, said. New...
JSW MG Motor India announces an industry-first extended assured buy back program for its EVs
“With our industry-first MG Value Promise Program (Assured Buyback), facilitated by Lockton India Insurance Broking and Advisory in partnership with Zuno General Insurance, we now offer an assured resale value where a customer has option to choose the tenure from 3 to...
Experts advocated setting up of “micro-hospitals” to curb curb India’s deaths due to NCDs
Hospital bed density lags at just 0.55 per 1,000 population -- far below the WHO's 3 per 1,000 benchmarks -- leading to overcrowded facilities, long wait times, and variability in care quality New Delhi: As India's healthcare system buckles under a non-communicable...
Jan1 Renewals:Market softens as reinsurers grow capital following strong returns, GC Report
Dean Klisura, President and CEO, Guy Carpenter Reinsurer return on equity is estimated to be 17%, with dedicated reinsurance capital growing another 9% in 2025, said the report.Insured catastrophe losses are estimated to be $121 billion in 2025, 18% below the...
Jan 1 Renewals: Asia Pacific rate reductions approaching 20% for non-loss impacted accounts, says Aon
Alfonso Valera, International CEO for Reinsurance Solutions at Aon, said: “Buyers returning to the market will find a wide range of complementary reinsurance and capital products. Frequency covers and earnings protection are increasingly available. We are seeing...
New York to require social media platforms to display mental health warnings
"Keeping New Yorkers safe has been my top priority since taking office, and that includes protecting our kids from the potential harms of social media features that encourage excessive use," New York Governor Kathy Hochul said in a statement. Social media platforms...
Indian Healthcare-2025:Robust growth in AB-PMJAY and digital delivery, AI next frontier
The health ministry's initiative, launch in October last year, to expand the scope of the scheme by providing free treatment benefits of up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of their socio-economic status, through...