"The high medical trend rate can also be attributed to a higher...
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India expands Russian insurers’ pool after US sanctions
As well as extending approvals for some sanctioned providers,...
Budget FY25-26 : Taxpayers seek income tax cuts – Survey
Grant Thornton Bharat, Partner, Akhil Chandna said an increase in...
Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel
Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies "can replace a part of monetary system it will also undermine...
How Omicron infection turbo-charges vaccinated people’s immunity
The findings offer a reassuring sign that the millions of vaccinated people who’ve caught omicron probably won’t become seriously ill from another variant soon -- even though the research needs to be confirmed, especially by real-world evidence People who are...
Cryptocurrencies: why they’ve crashed and what it could mean for their future
Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a "peg" to some other underlying asset If you had invested £100 (US$122) in...
Foreign investors’ relentless selling continues; pull out Rs 25,200 cr from equity mkt in May so far
Going ahead, FPIs selling will continue in the coming weeks as heat waves in the market and outside will make investors sweat a bit more, Vijay Singhania, Chairman, TradeSmart, said, adding that the selling has resulted in FPI's stake in Indian companies falling to...
More lives are lost in road accidents than in war: MoS Gen VK Singh
According to recent government data, total 3,66,138 road accidents occurred in India during 2020, causing 1,31,714 deaths New Delhi: India loses more people in road accidents than in a war, Union Minister General (retd) V K Singh said on Friday. Addressing an event...
LIC IPO: Listing on Tuesday, Faith of millions of Indian small investors put to test
“The mood could turn sour if the market price falls,” said Amitabh Dubey, a political analyst at research company TS Lombard. “The government could face criticism” Of the 21 Indian state-run companies that debuted in the stock market since 2010, half are still trading...
Africa Specialty Risks Energy Portfolio’s capacity increased to $38 million
This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including upstream, downstream, power, utilities, and renewables So far, they have provided insurance cover in over 20 African...
Lloyd’s broker unveils product for crypto and digital asset businesses
The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of Superscript's digital asset insurance brokers Superscript will...
Tata Group chief outlines five mega trends for future business growth
Tata Group Chairman N. Chandrasekaran "In the last two years, the internet has penetrated ever further into our daily lives. At the same time, advances in AI, cloud, and data technology have raised forward.This development is a huge opportunity for India because of...
RIL top-ranked Indian firm on Forbes Global 2000 list
Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies Reliance is the top-ranked Indian firm on the list, followed by State...