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Climate change supercharge devastating South Asian floods
A trio of tropical cyclones battered the region from Sri Lanka to...
Swiss Re and RIQ partner to advance risk transfer powered by data and AI
Swiss Re's Group Chief Executive Officer Andreas Berger said,"This...
Air India Express flight’s engine catches fire, makes emergency landing
"The crew accomplished an evacuation with no injuries to any guests. We regret the inconvenience this has caused and are working to provide alternative arrangements for our guests to reach their destination as soon as possible.A thorough investigation with the...
Despite geo political challenges Indian exports to grow in FY25: Crisil Report
India's exports in April recorded positive growth in the face of the ongoing disruptions in global trade routes and uneven global growth. Imports, meanwhile, saw steeper growth, leading to a wider trade deficit Mumbai: India's trade deficit faces limited near-term...
Healthcare privatisation linked with worse outcomes, higher profits: Lancet Study
Researchers said the findings, published in The Lancet Public Health journal, challenged the theory that privatisation can improve the quality of healthcare through increased market competition, and by enabling a more flexible and patient-centred approach...
Space data fuels India’s farming innovation drive
"We are on a surer footing when it comes to agricultural practices; (using satellite data) safeguards us from climate change, pest and disease, problems with irrigation scheduling," Lokeswara Reddy, an Indian contract farmer with global giant Syngenta. Lokeswara...
IRDAI forms panel to review performance and enhance efficiency of Insurance Ombudsman
The committee will be headed by Shalini Prasad, former special secretary, NITI Aayog and will have tenure of two years. The other members of the panel are- Rakesh Joshi, former whole-time member, IRDAI, Kuldip Singh, former Insurance Ombudsman, Pushpa Girimaji,...
Class Action Suits: 2 separate cases to provide level a playing field for India’s minority investors
Following the insertion in 2016 of a class-action provision in the Companies Act, a number of them could, in theory, come together and seek compensation from the company, its directors, auditors and even external consultants for acting in bad faith By Andy Mukherjee...
Swiss Re withdraws from iptiQ business, appoints Ivan Gonzalez as CEO Corporate Solutions
Moses Ojeisekhoba, CEO Global Clients and Solutions, to pursue opportunities outside Swiss Re iptiQ is a digital insurance company and division of Swiss Re. The business offers consumer products for life, health, home and car insurance on a white-labelling platform...
General insurers issue around 700 surety bonds for Rs 3000 crore in recent months
So far, NHAI has received 164 Insurance surety bonds consisting of 20 bonds for performance security and 144 bonds for bid securities for implementing its projects New Delhi: After initial hitches, some of the domestic general insurers including New India Assurance,...
Hinduja group seeks time beyond May 27 to pay Rs 9661 crore for acquiring Reliance Capital Limited
According informed sources, CoC in today’s meeting has taken a tough stand and informed Hinduja Group to make the payment by 27th May or action in accordance with the RFRP will be taken whereby CoC can. encash performance bank guarantee of almost Rs. 500...
April Heatwave: Calls for comprehensive heat action plans
Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat Annu Mishra kept her modest food stall shut as temperatures in Odisha's Bhubaneswar remained...