ICICI Lombard General Insurance and Vastu Housing Finance, one of...
Category:
Non-Life
Latest
Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
To facilitate the implementation of the Nuclear Energy Mission,...
Cabinet approves Insurance Amendment Bill for raising FDI cap to 100%, no provision for Composite license
Bill doesn't have any of the much talked about features like...
Generali and UNDP build SME resilience in Asia
A joint research report by Generali and the UNDP report finds that SME growth and survival in Asia are threatened by a range of risks, including climate change, business interruptions, and limited access to capital markets. These risks are intensified by the lack of...
Demand for private jets helicopters likely to rise up to 40 pc during LS polls
"There will be an exponential demand for private jets and the demand is expected to outstrip the availability of chartered planes and helicopters. There is a limited supply of chartered planes and helicopters," Club One Air CEO Rajan Mehra New Delhi: As political...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...
Lloyd’s of London underwriting profit doubles to $7.52 billion in 2023
Gross written premiums rose by 11.6% to 52.1 billion pounds across the commercial insurance market, which has more than 50 member firms, Lloyd's said in an unscheduled trading update ahead of full results on March 28 LONDON: Lloyd's of London's underwriting profit...
Odisha signs MoUs to develop landslide early warning & multi-hazard impact-based warming dissemination systems
These collaborations will strengthen the government’s preparedness for managing disasters through impact based forecasting, early warning dissemination and last mile connectivity. This will empower the people of Odisha to leverage technology to mainstream disaster...
Future Generali India Insurance launches women-health insurance plan
Anup Rau, managing director and CEO, Future Generali India Insurance 75% of women believe that existing health insurance policies fall short of addressing women-specific needs, says an exclusive survey by Future Generali India focusing on gauging the pulse of Indian...
Bajaj Allianz General launches a Gen AI powered Bot “Insurance Samjho”
Bajaj Allianz General Insurance has launched "Insurance Samjho" a Gen AI powered Bot. This revolutionary next-generation AI technology bot is designed to simplify insurance complexities, empower customers with knowledge about their policies with easy-to-understand...
UK based Euromax Capital picks up 25% stake in Integrated Risk Insurance Brokers
UK based investment bank Euromax Capital has picked a 25 per cent stake in Indian insurance broker Integrated Risk Insurance Brokers (IRIBL). The deal has received approval from the Insurance Regulatory and Development Authority of India (IRDA), said the company.. ``I...
ICICI Lombard appoints Anand Singhi as its new Chief – Retail and Government Business
ICICI Lombard General Insurance has appointed Anand Singhi as its new Chief – Retail and Government Business. With an experience spanning over two decades in the company, Singhi has handled key functions in the company such as Business Operations, Underwriting,...
Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P
"With central banks across Asia-Pacific looking to adjust interest rates at different times, relative value of assets and returns, as well as hedging costs, could move," said Craig Bennett, credit analyst at S&P Global Ratings Melbourne: International rating...