The reversal is especially stark because Air India had been edging...
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Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities
Perspectives were also shared by financial institutions and...
SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance
Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore...
Gadkari urges FM to withdraw 18 pc GST on life and medical insurance premiums
"The 18 per cent GST on medical insurance premiums is proving to be a deterrent for the growth of this segment of business which is socially necessary."Union Minister of Road Transport and Highways Nitin Gadkari New Delhi: Union Minister of Road Transport and Highways...
Companies ‘Paralyzed’ as Australia plans tough climate rules
Authorities estimate the average cost of compliance to be A$1 million ($655,550) but some large organizations calculate the total is likely to be above A$3 million, said Jillian Button, head of climate change at law firm Allens Australia’s plans to introduce stringent...
Global aviation insurance premium to hit a 20-year high of more than $8bn in 2024, says Allianz
Analysis of more than 32,000 industry claims from 2019 - 2024 with a total value of US$15bn (€14bn) shows that collision or crash incidents (63%) and faulty workmanship or defective products (22%) are accountable for 85% of the value. Other incidents like natural...
BajajCapital Insurance launches comprehensive pet insurance plans
BajajCapital Insurance announced the launch of its new pet insurance segment, available now on BajajCapitalInsurance.com. With this addition, pet parents can now compare policies for their dogs, Dogs are the most popular pets in India, with 63% of pet owners having at...
Future Generali India Insurance launches Disability Income Protection insurance Plan
The Disability Income Protection insurance plan from FGII is a Group Health Insurance product which covers both temporary and permanent disabilities. These include both physical and mental illnesses that are diagnosed while being insured, physical injuries caused by...
High temperature disrupts flights to high altitude Leh airport
The maximum temperature at which an A320 Neo aircraft can operate is 33 degrees Celsius. If the temperature crosses that level, then the plane cannot be operated at that elevation, a senior Airbus pilot said. New Delhi: High temperature at high altitude is disrupting...
CrowdStrike: Delta Air to seek compensation over IT outage
The cyber outage led to more than 2,200 flight cancellations on July 19 and Delta has canceled over 6,000 flights so far since then.CrowdStrike's "Falcon Sensor" software had caused Microsoft Windows to crash and display a blue screen, known informally as the "Blue...
Cloudburst damages shops, houses in Himachal’s Parvati Valley
The cloudburst triggered flash floods and caused damage to public and private properties, a resident said Manali: Several shops, houses, and a bridge were damaged in popular trekking destination Tosh in Himachal Pradesh's Parvati Valley after a cloudburst on early...
Two killed 20 injured as 18 coaches of Howrah-Mumbai Mail derail in Jharkhand
"Two persons were killed and 20 injured as 18 coaches of Howrah-Mumbai Mail derailed near Barabamboo. Rescue operations are on and an NDRF team is rushing to the spot," DC West Singhbhum Kuldeep Chaudhary, who is camping at the accident site, told PTI....
ICICI Lombard General to partner with Karnataka Bank
ICICI Lombard has announced its collaboration with Karnataka Bank.The entire range of insurance products of ICICI Lombard General Insurance will now be accessible across Karnataka Bank's 915 branches, reaching over 13 million customers nationwide.