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Iran yet to decide on whether to attend talks as ceasefire deadline ticks down
President Donald Trump said he hoped to reach a "great deal" to end...
Middle East Conflict: Consequences for Asian construction industry
Geopolitical risk is becoming structural rather than episodic....
Tata AIG Claim Fraud: Key accused held in Rs 30 crore fake car repair scam
“The Tata AIG General Insurance alleged that six garages across Delhi-NCR, in collusion with four former employees, three licensed surveyors, and some policyholders, submitted fake invoices for repairs that were never carried out, thereby defrauding the insurer of...
Harassment in settling insurance claims by hospitals ground for compensation, not criminal offence: Delhi HC
Justice Neena Bansal Krishna made the observations while dealing with a lawyer's plea against a sessions court order refusing to uphold the summons issued to a private hospital here by a magisterial court on his complaint New Delhi: Harassment faced by a client during...
Ratings: Crisil affirms New India, downgrades National Insurance and United India
NIA's rating is driven by the company’s leadership position in the Indian general insurance industry, its sound investment portfolio, healthy capitalisation and solvency position, and the strategic importance to and support derived from the parent, the Government of...
Lloyd’s broker UIB charged by UK over alleged Ecuador bribes
UIB sold reinsurance services to state-backed insurers covering parts of the Ecuadorian public sector, including the state water and electricity companies between 2013 and 2016, the SFO said. The broker is accused of £3 million to intermediaries who then bribed an...
India urges global support for small farmers amid climate change, price challenges
"We cannot leave smallholders to fight these challenges alone. They need our policy support," Agriculture Minister Shivraj Singh Chouhan said, describing agriculture as not merely an economic activity but a source of "livelihood, food, and dignity" for millions New...
Govt plans to ease nuclear liability laws to attract foreign firms, sources say
A draft law prepared by the department of atomic energy removes a key clause in the Civil Nuclear Liability Damage Act of 2010 that exposes suppliers to unlimited liability for accidents. The draft law also proposes a lower liability cap on small reactor operators at...
US cyber insurance premium shrinking to continue: Fitch
The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...
CCI clears Patanjali 5 other entities’ proposal to acquire 98% stake in Magma Gen Insurance
Following the CCI approval, Patanjali Ayurved will assume the role of Magma General Insurance's promoter entity. This will further diversify Patanjali's portfolio, which currently focuses on healthcare and FMCG. New Delhi: The Competition Commission of India (CCI) has...
Financial Preparedness: Health Insurance gains ground
Indians continue to favor traditional financial investments such as gold, fixed deposits, insurance-linked savings schemes, and real estate. However, health insurance has now joined this list, finds out a survey by Policybazaar Policybazaar.com, India’s leading online...
Over 1.3 crore get insurance cover through GeM in 2024-25
“GeM remains committed to continuously enhancing its platform to provide seamless, secure and cost-effective procurement solutions. The milestone of 1.3 crore insured persons reflects the growing confidence of government organizations in leveraging GeM for their...