The DGCA in a statement said, "On 23.02.2026 Redbird Airways Pvt...
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UIB partners with CyberCube to accelerate its growth across LATAM and Asia
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is...
Various Govt social security schemes enhance confidence among citizens, says PM Modi
``India is going through a period of rapid economic growth and...
Climate change made deadly Brazil floods twice as likely
Factors besides climate change — such as poor flood-control infrastructure and deforestation — played a role in making the floods more destructive. But it was the interplay between climate change and El Niño, the occasional warming of the eastern equatorial Pacific,...
RBI approves Zurich Insurance deal to buy 70 per cent in Kotak General Insurance
In February, Zurich Insurance had said it would acquire a 70 percent stake in the insurance company for Rs 5,560 crore in a single tranche New Delhi: Kotak Mahindra Bank on Wednesday said it has received the Reserve Bank of India's (RBI) approval to sell a 70 per cent...
Kirloskar group’s Arka Fincap receives IRDA license for corporate agency
Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil Engines Limited (KOEL), has been granted license to act as a corporate agent (composite) by the Insurance Regulatory and Development Authority of India (IRDAI).Vimal Bhandari, executive vice chairman...
Gobinath Athappan to head Fairfax Asia
Gobinath Athappan, chairman and CEO , Fairfax Asia He will be appointed chairman of Singapore Re after regulatory approval Toronto: Fairfax Financial Holdings Limited (Fairfax) has announced that Gobinath Athappan has been appointed chairman and chief executive...
EVs for sustainability: Navigating New Challenges
ICICI Lombard’s new study highlights how Electric Vehicles are driving the future transforming motor Insurance even as choosing insurance, premium cost and claim settlement experience are paramount. Notably, consumers are willing to invest in comprehensive coverage,...
Howden, Allianz Trade and Saudi EXIM bank sign agreement for fostering global trade
As part of the initial agreement, brokered by Howden, Allianz Trade and Saudi EXIM Bank have agreed to work in partnership to provide dedicated non-payment insurance for international exporters and banks to facilitate the trade of non-oil products to the Kingdom...
IRDAI asks insurers to fast track cyclone Remal claims
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
Japan auto safety scandal widens, Toyota halts some shipments
The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...
IRDAI mandates Cross Boarder Reinsurers(CBRs) to furnish collaterals for accessing Indian business from Fy 25-26
IRDAI has clarified that premium retroceded by the branches of foreign reinsurers and Indian reinsurers to CBRs, premiums ceded to CBRs for the government schemes such as PMFBY, PMJAY, PMJJBY, PMSBY and If total premium ceded by an insurer to CBRs is up to Rs 75...
WHO members approve steps to bolster health regulations for pandemics
Yuanqiong Hu, a senior legal and policy advisor at Doctors without Borders, said that the changes adopted Saturday include "important provisions addressing equity in access to health products during global health emergencies". Geneva: The World Health organisation...