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Economic growth strongest, most sustainable form of financial inclusion: CEA
V Anantha Nageswaran,Chief Economic Adviser He also emphasised that...
Natural Disasters in 2025: Alarming rise in floods, severe convective storms and wildfires
Tobias Grimm, Munich Re’s Chief Climatologist: “A warming world...
AB PM-JAY: World’s largest government-funded health insurance scheme in six years of launch
J.P. NaddaUnion Health Minister Ayushman Bharat has become a lifeline today, with more than 60,000 patients getting free treatments daily and crores of families getting 'insulated' from exorbitant medical expenses New Delhi: Ayushman Bharat has become a lifeline...
MGU Fidelis Partnership concludes $2bn refinancing transaction led by Blackstone for business growth
The MGU plans to expand in the Middle East, Africa, Asia and Latin America, all of which have increasing demand for specialist (re)insurance solutions, enhanced by Lloyd’s licensing and TFP’s new Abu Dhabi office PEMBROKE, Bermuda: The Fidelis Partnership (“TFP”), a...
French reinsurer CCR Re changing name to Arundo Re from next Jan 16
CCR remains a minority partner with a 25 per cent stake in the reinsurer. The deal allowed CCR to help make CCR Re fully autonomous and to implement an industrial and social project. CCR has a put option and would be able to sell its residual interest in 2026 Paris:...
Nadda slams Punjab Govt for mismanagement of Ayushman Bharat payments, Punjab accuses Centre of discrimination
The Private Hospital and Nursing Home Association (PHANA) in Punjab has stopped cashless treatment under the government's health insurance schemes, including the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) New Delhi: The ruling AAP in Punjab Saturday...
Luxury carmakers Mercedes, Audi see record sales in festive season
This year, the luxury car industry in India will surpass 2018 volumes and reach the 46,000-47,000 unit mark. Delhi and Mumbai continued to lead the demand for our products in the festive season. We also continue to witness good demand from Hyderabad, Kolkata, Chennai,...
P K Mishra calls for expanding insurance coverage across diverse sectors
PK Mishra, Prime Minister's Principal Secretary "Should the government act as a catalyst, facilitating the growth of the insurance market, or should it take a more direct role such as purchasing insurance for certain sectors? How should the government create...
Stroke cases increasing globally, air pollution, high temperatures driving numbers: Lancet Study
Further, for the first time, particulate matter or PM air pollution was found to have the same contribution as smoking towards causing a fatal form of brain bleed, according to the researchers forming the Global Burden of Disease, Injuries, and Risk Factors Study...
Charles Roxburgh KCB to succeed Carnegie-Brown as chairman of Lloyd’s from May,2025
Sir Charles Roxburgh KCB , chairman-designate, Lloyd's of London ``I look forward to working with the Council, with John and the strong executive team, and with the wider Lloyd’s market to guide Lloyd’s to even greater success in the future” Sir Charles London:...
Central Europe flooding could cause billions in insurance losses, analysts say
According to re/insurance broker Gallagher Re's estimate, insured losses are likely to range between EUR 2.0 – 3.0 billion (USD 2.2 – 3.3 billion) The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions,...
US files $100 million lawsuit against owner and operator of ship that destroyed Baltimore’s Key Bridge
“The Justice Department is committed to ensuring accountability for those responsible for the destruction of the Francis Scott Key Bridge, which resulted in the tragic deaths of six people and disrupted our country’s transportation and defense infrastructure,” said...