Union Health Secretary Punya Salila Srivastava highlighted that the...
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Ardonagh continues expansion in Asia, acquiers Hong Kong’s Risk Management Insurance Brokerage
Founded in 1996, RMIB has built a business in Hong Kong, advising...
Rising civil unrest pushes up SRCC(strikes, riots and civil commotion) claims globally
Claims tied to SRCC — strikes, riots and civil commotion — are...
EU finalises investment fund labels to combat greenwashing
The European Securities and Markets Authority (ESMA) said a fund that has any environmental, social or governance (ESG) related words in its name must have at least 80% of assets that meet ESG objectives in accordance with the binding elements of its stated investment...
Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May
As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
Wildfires could affect over half of Canada’s oil sands output: Report
Companies like Suncor Energy, Canadian Natural Resources and Imperial Oil have oil sands projects within 150 km of Fort McMurry, an oil sands hub in Northern Alberta, with many workers living in the city More than half of the oil sands production from Canada could be...
Dieselgate: Volkswagen’s $54 million settlement with Italian owners
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement. The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted...
Buffett ends suspense, reveals Berkshire’s $6.7 billion stake in insurer Chubb
Warren Buffett, chairman, Berkshire Hathaway Buffett’s Berkshire is deeply familiar with the insurance industry, owning a range of companies including Geico and National Indemnity. The billionaire investor has called Berkshire’s property-casualty insurance operation...
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,...