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Life insurance industry’s new business prm almost grows 16% to Rs4.59 trillion in FY 26
In terms of policy issuance, the industry issued over 2.83 crore...
Swasth Bharat Portal:Powering digital health transformation by unifying fragmented health systems
The SBP has brought multiple national health programmes onto a...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
NCDEX in partnership with IMD to develop country’s first weather derivatives
This Memorandum of Understanding (MoU), signed on June 26, lays the critical groundwork for the launch of India's first weather derivatives -- a long-anticipated market instrument designed to help farmers and allied sectors hedge against climate-related risks such as...
RBI advises banks to integrate DoT’ s financial fraud technology
Banks and financial institutions can use the Financial Fraud Risk Indicator (FRI) in real time, which classifies mobile numbers based on their association with medium, high or very high risk of financial fraud New Delhi: The Reserve Bank of India has advised all banks...
Covid vaccination prevented sudden deaths, did not cause them: ICMR-NIE Director
The findings of our study indicated that Covid vaccination was not associated with sudden death. In fact, what we found was that Covid vaccination protected against sudden deaths," Indian Council of Medical Research-National Institute of Epidemiology (ICMR-NIE)...
Insurance firm not liable to pay compensation for death of persons driving rashly: SC
A bench of Justices PS Narasimha and R Mahadevan refused to grant 80 lakh compensation sought by the wife, son and parents of a man who died while driving a car at high speed. New Delhi: The Supreme Court has said insurance companies are not liable to pay compensation...
Axis Max Life Insurance reports cyber threat
Indian firms such as Angel One, Niva Bupa Health Insurance and Star Health, and HDFC Life Insurance have reported high-profile security breaches in the past 10 months. Cyber fraud cases in India jumped more than four times in fiscal 2024, causing losses of $20 million...
IRDAI drops plans to tweak existing bancassurance rules for curbing mis-selling by insurers
(L to R)-R Venkatachalam Iyer, MD & CEO Tata AIA, Amit Jhingran, MD & CEO SBI Life, Piyush Pandey, advertising professional, Swaminathan Iyer, member, Life, IRDAI, Kamlesh Rao, MD&CEO,ABSLI, RK Patnaik, MD, LIC, Rushabh Gandhi, MD&CEO India First at an...
Indian companies paid Rs4 crore on average for cyber attack demands: Report
According to the State of Ransomware in India 2025 report, the median payout towards ransom was USD 481,636 (about Rs 4 crore), down 79 per cent from the previous year. New Delhi: UK-based cybersecurity firm Sophos on Wednesday claimed that 53 per cent of Indian...
Govt modernising weather forecasting system to boost real-time prediction, says Jitendra Singh
Jitendra Singh,Union Minister In charge Meteorology Department Singh elaborated that Automated Weather Stations (AWS) and doppler radars are being added across the region to boost real-time weather prediction. New Delhi: Union Minister In charge Meteorology...
NDMA tests indigenous Cell Broadcasting system for swift alert during natural and man-made disasters
The Department of Telecommunications (DoT), Ministry of Communications, in collaboration with the NDMA, Government of India, has been actively enhancing mobile-enabled disaster communication systems across the country to provide timely information to citizens New...