In an exchange filing on Monday, HDFC Bank said that several of its...
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Fifth La Niña in 6 yrs to disrupt crops and supply chains
The La Niña phenomenon is often linked with droughts in California,...
New Nuclear Bill spares suppliers from accident liability
The new bill, named the Sustainable Harnessing of Advancement of...
India’s universal health insurance plan achievable, says Devi Shetty
Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn't happened because of an inherent trust deficit between stakeholders -- insurance companies, hospitals, and patients New Delhi:India is poised...
FSIB to select CMDs of New India and United India on Mar 20-21, AIC’s Girija S top contender for NIA
This is also for the first time that a serving CMD of a PSU entity is again appearing for the interview to be selected as a CMD of another PSU insurer. Earlier, there were instances, where CMD of one PSU general insurer had been shifted another PSU general insurer...
Govt forms VK Paul panel to review Ayushman Bharat scheme
The National Health Authority(NHA), implementing agency of the scheme, in its letter issued on Mar,8 has, outlined 10 broad areas on which the panel has to formulate suggestions within the next 45 days New Delhi: Even as the government is now planning further...
Cyber Attack/Data Breach is top business risk for India Inc, Aon Survey
Jon Pipe, CEO and principal officer of Aon India Insurance Brokers Notably, only three of the top five current risks in India are insurable, and less than half of the overall top ten are uninsurable at present MUMBAI: The 2023 edition of Aon’s biennial survey found...
Lloyd’s to collaborate with Bermuda Monetary Authority to foster innovation and education access
The Lloyd’s Lab programme provides a 10 week fast tracked incubator to enable an environment where great ideas can develop into practical outcomes, with the support of industry experts. The programme sees experienced individuals and teams bring forward creative and...
Royal Sundaram General partners with Dvara KGFS
Royal Sundaram General Insurance has announced a partnership with Dvara KGFS, a private limited company headquartered in Chennai, Tamil Nadu. This collaboration will provide customers of Dvara KGFS with access to a comprehensive suite of Royal Sundaram’s general...
Nord Stream sues insurers in London over 2022 pipeline blasts
Nord Stream AG names Lloyd’s Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London’s High Court last month LONDON: Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in...
FSIB interviews for selecting a CMD for UII and 9 EDs for PSU general insurers to be completed on Mar 20-22
The department of financial services(DFS), had prepared a list of five general managers(GMs)- BS Rahul, Agriculture Insurance Company(AIC), V Balkrishna and his spouse Jayshree Bala from GIC Re, Sunita Gupta and Rekha Solanki from Oriental Insurance Company(OIC)...
Govt announces Rs 500 cr scheme to promote e-mobility
The scheme will be for four months till July 2024.The new scheme is for 2-wheelers and 3-wheelers.The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024 New Delhi: The heavy industries ministry...
Northern winter storms in India now more frequent in summer, raise risk of heavy flooding: study
"The loss of winter snow and the increasing late-season storms that heighten flood risks is a one-two suckerpunch that underscores the urgent need to respond to the far-reaching impacts of climate change in this sensitive region," Kieran Hunt and a co-author of the...