Insurance companies and domestic pension funds also saw their...
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Rural markets lead passenger vehicle sales growth in 2025: FADA
The rural passenger vehicle sales grew 12 per cent during the year,...
Automobile retail sales up 7.71 pc at 2 81 61 228 units on 2025: FADA
Passenger vehicle (PV) retail sales stood at 44,75,309 units in...
Hyderabad-bound helicopter crashes in Pune; 4 occupants survive mishap
The helicopter belongs to Global Vectra company. The cause of the crash is yet to be ascertained Pune: A helicopter flying from Mumbai to Hyderabad crashed in Pune's Mulshi tehsil on Saturday afternoon, police said. All four occupants survived the crash that took...
Ministry of Coal launches national safety portal, targets zero accidents in coal mines
Amrit Lal Meena, Secretary, Ministry of Coal According to the Ministry of Coal, Amrit Lal Meena, Secretary of the Ministry of Coal, highlighted the need for comprehensive safety audits across all coal mines, reaffirming the Ministry's goal of achieving "Zero Accident,...
Rising claims pose challenge for health insurance sector in India: Jefferies
The report indicated that India's non-life insurance sector is experiencing significant shifts, the health insurance segment may face challenges as healthcare costs continue to rise and more consumers claim their insurance, and insurers are grappling with increased...
ICMR-led study estimates 10-year risk of developing heart disease in adults in India
Among the participants having high blood sugar levels, women had an 85 per cent increased risk of getting heart conditions over 10 years, while men were at a 77 per cent higher risk, the researchers estimated. They also said that among the participants who were obese,...
Bancassurance: Bajaj Allianz General ties up with HSBC India
Bajaj Allianz General Insurance and HSBC India have announced a strategic partnership to offer general insurance products and services to HSBC’s vast customer base in India, ``Through this collaboration, we aim to provide comprehensive insurancesolutions to HSBC’s...
OMAC is hull insurance carrier for sunken yacht in Sicily
The global yacht insurance market has faced significant challenges in recent years, largely due to natural disasters like Hurricane Maria in 2017 and Hurricane Ian in 2022, which devastated numerous charter bases and hundreds of yachts Yacht insurance provider OMAC is...
IRDAI forms task force to address challenges and drive growth in surety bond market
Debasish Panda, chairman, IRDAI "Surety bonds play a crucial role in supporting India's infrastructure development. By addressing the challenges and fostering collaboration, we can unlock the full potential of this valuable financial instrument. Today’s discussions...
APAC: Climate change response held back by insufficient data
“The deadly heat waves and catastrophic floods we’ve seen in recent months show us what’s at stake. We need high-quality data and robust statistical capacity to avoid policy blind spots and make sure our strategies for tackling the climate crisis are well-informed....
IRDAI, insurers and IIM-Kozhikode organise 3-day strategic meet in Mumbai from today
Debasish Panda,chairman, IRDAI Recently, IRDAI chairman Debasish Panda had led a team of CEOs of Indian insurance industry including reinsurers (Foreign Reinsurance Branches) to some of the European countries and had met the top officials of large re/insurance...
Malawian govt receives $11.2 million insurance pay out for Niño-linked drought
Malawi had a drought insurance policy through the bank and the African Risk Capacity Group, an agency of the African Union. The funds will support food assistance to around 235,000 households in some of Malawi’s hardest-hit regions and also help with direct relief...