“We’ve seen repeatedly how climate change increases hot, dry,...
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Japan earthquake halts auto and chip plants, testing supply chain resilience
Given Japan’s proneness to natural disasters, manufacturers have...
Insurers are ‘Actively Evaluating’ new catastrophe risks as Europe burns
Historical data no longer provide an adequate foundation on which...
Govt allocates over Rs 9,500 crore for AB-PMJAY in FY27
Prime Minister Narendra Modi The government has also expanded access to affordable medicines through the Pradhan Mantri Bhartiya Janaushadhi Pariyojana. More than 15 lakh people are purchasing low-cost medicines daily through Jan Aushadhi Kendras, generating savings...
ICICI Lombard exposes fraudulent claim in Assam accident case
The final conclusion of SIT formed by Assam police confirms that the insured motorcycle was implanted to the incident to extract compensation by fraudulent means, which exposed a highly organized manipulation of accident records. Mumbai:In a significant development,...
Embedded Insurance: A key differentiator for Southeast Asian device retailers
As connected devices become indispensable to everyday life across Southeast Asia, retailers are facing intensifying competition and rising customer expectations.Embedded insurance offers retailers a powerful way to differentiate themselves by making protection an...
US, Iran inch closer to deal, timing remains unclear
Trump wrote on Truth Social that after a framework deal is signed, the Strait of Hormuz, a vital artery for global oil supplies that Iran has blocked, would immediately be "open to all." WASHINGTON/DUBAI: U.S. and Pakistani leaders forecast a Sunday signing of a...
IRDAI:Govt appoints Girija Subramanian as member, Distribution, Dinesh Pant as member, Actuary
Girija Subramanian, CMD, New India Assurance Besides, the tenure of the two existing members – Deepak Sood(Non-life) and Rajay Sinha(Finance and Investment) have been extended by two more years from the date of their retirement till thet reach 65. Dinesh Pant,...
Road accidents in India claimed 1.77 lakh lives in 2024
Amongst states, the report said Tamil Nadu reported the highest number of accidents at 67,526, whereas Uttar Pradesh (24,118) reported the highest number of accident fatalities during 2024. New Delhi:The number of road accidents in India went up by 1.48 per cent to...
Indian investigators expected to delay issuing a final report on Air India Boeing 787 crash in Ahmedabad
Meanwhile, the Federation of Indian Pilots (FIP) on Thursday renewed its demand for a judicial probe into the AI-171 crash and urged authorities not to release any interim investigation report, saying it would create further confusion and speculation. New Delhi:...
Saudi Re appoints Ruchi Jain as Principal Officer GIFT City, India Branch
Saudi Re, after setting up its operations in GIFT-IFSC, has appointed Ruchi Jain as Principal Officer GIFT City, India Branch. Jain was working with Swiss Re before joining Saudi Re and brings over 18 years of extensive experience in the insurance and reinsurance...
Aon appoints Steve Dando chief broking officer for Global Broking Center
In partnership with Aon teams around the world, the GBC provides insight-driven risk transfer advice, advanced placement solutions, proactive market insight and claims expertise to drive enhanced outcomes for clients. Dublin:Aon plc today appointed of Steve Dando as...
Homemakers are “nation builders”: SC says loss of wife’s domestic care should be monetised at Rs 30K
“We are also of the view that the housewife contributes to the growth of the human being and the nation. The homemaker builds nation. So we have laid down the principles, and as a nation builder, we have housewife, we have quantified the amount that the loss of...