Justice Prashant Kumar of the court's Lucknow bench held that a...
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West Asia Conflict:Trump indicates possible end to conflict,Oil price spike continues
US President Donald Trump ``We are getting very close to meeting...
RiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich
RiverStone International announced the appointment of Mark Fleiser...
Hit-and-run cases constitute 38 pc of all fatal crashes on Mumbai roads in 2023: Report
Among those deaths, two and three-wheeler occupants comprised 48 per cent and pedestrians 40 per cent, said the report published recently by the Mumbai Traffic Police in association of the Bloomberg Philanthropies Initiative for Global Road Safety Mumbai: Hit-and-run...
Buffett’s Berkshire posts record profit on insurance, investments
Warren Buffett, chairman, Berkshire Hathaway "You really saw the power of Berkshire's insurance operations and investments,"Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster Warren Buffett's Berkshire Hathaway on Saturday posted its third straight...
Insurers look to hike health premiums for Delhi as pollution stings
In India, insurers can vary health insurance premiums by city based on factors ranging from hospitalization costs to demographics.Getting the regulatory nod to include air pollution as a factor would depend on insurers submitting proof to back the assertion that toxic...
With REL ownership, Burmans have now stakes in all 3 segments of Indian insurance industry
Burman Group, through its Dabur Invest Corporation, has already stakes in Aviva Life Insurance Company India Limited and Universal Sampo General Insurance New Delhi: After the Burman Group has taken control of Religare Enterprises Limited (REL), the holding company of...
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....