The state's Directorate of Aviation took the action in connection...
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Electric car sales jump nearly two-fold to 36,108 units in Sep: FADA
“Festive demand, maturing running-cost economics, a widening choice...
Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes
Sanjay Lohiya,secretary, Department of Financial Services , also...
Iran, Oman agree to share Strait of Hormuz revenue
“Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of its revenues,” the Islamic Revolutionary Guard Corps’ spokesman Hossein Mohebbi said on Wednesday, according to the state-run Sepah News agency....
Sharia-compliant Qatar Islamic Insurance Group receives license to set up operations in GIFT-IFSC
It will be joining other leading players Abu Dhabi National Insurance Company, Doha Insurance Group and Kuwait Reinsurance Company, from the gulf region to open offices in GIFT IFSC. Mumbai:Qatar Islamic Insurance Group (QIIG), a leading Sharia-compliant insurance...
Some oil companies to avoid ships on Iran blacklist
Some of the tankers Iran listed are owned or chartered by Saudi Aramco and Abu Dhabi National Oil Co (ADNOC). The ships have been used for shuttling crude, refined products and liquefied natural gas (LNG) out of the Gulf for STS transfer off Fujairah in the UAE or...
Japan’s Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reports
Tokio Marine reviewed several takeover targets over the past months, including Insurance Australia Group (IAG) and Suncorp, as well as Canada’s Intact Financial Corp., the report said. Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a...
Breaching EoM: IRDAI restricts Edelweiss Life and Pramerica Life from opening any new branches for next 6 months
IRDAI is committed to ensuring that insurers operate within the regulatory guardrails governing their expenses, thereby promoting sound financial management, transparency and accountability across the insurance sector. It will continue to take appropriate supervisory...
From Salary to Security:Evolving Employee protection in India
For employers, employee benefits should not be treated merely as an annual renewal exercise. For employees, understanding their benefits should become as important as understanding their salary. And for insurance brokers, it means moving beyond policy placement...
Asia-Pacific reinsurers show resilience amid evolving market landscapes:AM Best
Asia’s renewal period in 2026 is buyer-friendly, with abundant capacity and falling rates enabling cedents to enhance protection and support growth, while retention levels largely remain stable. The expectation for 2027 is continued rate easing on non-loss-impacted...
Govt working on amendments to Actuary Act, 2006: DFS official
Debasish Prusty, Additional Secretary, DFS, Ministry of Finance Institute of Actuaries of India(IAI) launched its job portal, a dedicated platform designed to connect actuarial professionals and talent with relevant career opportunities, while strengthening engagement...
China’s insurance sector likely to see modest growth in 2026:Fitch
Government and regulatory initiatives continue to support demand for motor insurance and selected non-motor lines. Non-life insurers should maintain stable operating performance through disciplined underwriting, pricing improvements and cost controls, despite modest...
Insurance sector set for stronger year as life, health insurers post robust growth: Kotak
Non-life insurance growth is likely to remain moderated as weakness in commercial segments, particularly fire insurance, weighs on overall premiums, according to Kotak Institutional Equities New Delhi: India's non-life insurance industry is expected to see continued...