A report by BajajCapital Insurance Broking highlights a powerful...
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Global insurance premiums from data centres expected to rise to $24.2 billion by 2030 from $10.6 billion, Swiss Re says
"They're not just buildings, they are highly integrated systems...
Ship insurers juggle war risks for perilous Gulf route
To price war risk premiums, underwriters are considering numerous...
NHPC’s 2000MW Lower Subansiri project in Sikkim incurred loss of Rs 1 075.97 cr due to flash floods
The company in a regulatory filing said that the amount of damage caused by flash flood occurred on October 4, 2023 was to the tune of Rs 1,075.97 crore, which has been reported to the insurer New Delhi: State-run hydro power giant NHPC on Thursday said the flash...
Doha Insurance Group to set up reinsurance business in Gift City
Doha Insurance Group(DIG) is currently working on completing the necessary procedures and obtaining the required regulatory approvals for Gift City project from the Qatar Central Bank and the other regulatory and supervisory authorities in the Republic of India, said...
Plane with 67 passengers crashes in Kazakhstan, many killed
According to Russian news agency Tass, 32 people have survived the passenger plane crash near Aktau in Kazakhstan, the press service of the Kazakh Emergencies Ministry reported ASTANA: A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and...
Study finds enrolling in Ayushman Bharat increased access to timely start of cancer treatment
"Our study recommends expanding AB PM-JAY cancer packages to include cost-effective treatments, increasing population coverage under screening programs and promoting e-RUPI to reduce financial constraints associated with diagnostic services to address delayed...
Spectee expands crisis management system to the Philippines following success in Japan
This system, designed to monitor and manage disasters like earthquakes, floods, typhoons, and criminal accidents, gathers real-time visual and textual information from social media platforms (SNS) and official sources Tokyo: Spectee, a Japanese crisis management...
Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025
SIAM Director General Rajesh Menon said the passenger vehicle segment continued its steady performance led by sustained demand for SUV segments and good adoption of new energy vehicles, such as electrics, hybrids and gaseous fuel vehicles New Delhi: Traversing from...
Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report
The incurred claims ratio for private sector general insurers, standalone health insurers and specialised insurers were at 76.49 per cent, 63.63 per cent, and 66.58 per cent, respectively, for 2023-24 as compared to the previous year's ratio of 75.13 per cent, 61.44...
India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor
“This year, the number of new demat accounts may cross the 40 million mark,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI, adding that apart from a few states, the participation of women increased more than national average in FY25 as compared to...
India’s insurance penetration falls further from 4% to 3.7% in FY 24
According to the latest IRDAI annual report for Fy 23-24, released today after its ratification in the winter session of Parliament the insurance penetration for life insurance industry has again marginally declined from 3 per cent in the previous year to 2.8 per cent...
Shriram General Insurance settles Rajasthan accident claims in 24 hours
Shriram General Insurance Company (SGIC) has settled the motor insurance claims within 24 hours of the incident in Jaipur (Rajasthan).On Friday, December 20, 2024, a truck loaded with chemicals collided with a tanker carrying LPG and other vehicles including a CNG...