Girija Subramanian, CMD, NIA, explained that while seamless digital...
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2.51 lakh UP farmers receive Rs 285 crore compensation: Adityanath
Yogi Adityanath, Chief Minister,Uttar Pradesh Addressing a...
Swiss Re to acquire QBE’s Global Trade Credit and Surety business
Ivan Gonzalez, CEO of Swiss Re Corporate Solutions, said: "This...
Delhi’s new govt approves implementation of Ayushman Bharat Yojana
Rekha Gupta,Chief Minister, Delhi At her first presser, Gupta said the previous AAP government did not allow the Ayusman Bharat scheme in the city, preventing the people from availing its benefits. NEW DELHI: The BJP formed its government in Delhi on Thursday after...
Some tankers in Mediterranean Sea visiting Russian ports hit by mystery explosions
“All the indications are that these have been deliberately orchestrated, but it’s with a significant degree of sophistication,” said Munro Anderson, head of operations at Vessel Protect, a major war-risk insurer of ships. “So, the big question that leads to is: ‘by...
Deadly airline crashes tarnish industry’s sterling track record
And although the recent string of accidents may be statistical anomalies, they’re still startling given how US commercial passenger carriers had enjoyed years without a fatal crash, said Kristy Kiernan, a safety expert and associate professor at Embry-Riddle...
IRDAI imposes Rs 1cr fine on UIB Insurance Brokers for flouting premium remittance rules
According to the IRDAI, the broker does not have any right over the insurance premiums so that the amounts are timely remitted to the respective parties to ensure the coverage and payment of claims and thus protect the interest of the policyholders. These are the...
100 pc FDI to help Indian insurance sector reach $222 billion by 2026
“However, it is crucial to understand the complexities of compliance management that companies face in this space. Insurers operate within an exceptionally complex compliance framework, with a typical general insurer managing over 4,500 regulatory obligations...
Govt eases norms for import of vintage cars
However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as "vintage motor vehicles" by actual users, according to a notification....
Demographic reality – a growing elderly population with fewer working-age people
Jad Ariss, managing director of the Geneva Association, said: “The longevity revolution is one of the defining challenges – and opportunities – of our time. Insurers are uniquely positioned to help people navigate longer lives. This will require bold innovation and...
IRDAI unveils Bima-ASBA for issuing life and health policies from March 1
Under Bima –ASBA facility, transfer of money from the prospect to the insurer happens only when policy is issued. Amount towards insurance premium will be debited from the customer's bank only after the insurer decides to accept the proposal. One-time manadate through...
Delta plane flips upside down on landing at Toronto airport, injuring 18
U.S. carrier Delta said a CRJ900 aircraft operated by its Endeavor Air subsidiary was involved in a single-aircraft accident with 76 passengers and four crew members on board. TORONTO: A Delta Air Lines regional jet flipped upside down upon landing at Canada's Toronto...
Aon appoints Jennifer Richards as CEO of Asia Pacific
Jennifer Richards, CEO designate, Asia Pacific, Aon "The Asia Pacific region is critical to Aon's strategy, representing significant growth opportunities across a diverse market," said Lori Goltermann, CEO, Asia Pacific, Aon DUBLIN: Aon plc today announced that...