Giridhar Aramane, former Defense secretary The company has...
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Star Health Q2 net profit falls 54 pc despite rise in revenue
Anand Roy ,MD and CEO, Star Health Insurance The fall in...
Demographic Transition: India’s Emerging Silver Economy
The approach towards elderly support that prioritises family and...
Sanlam banks on India as its home market reels
Paul Hanratty,Chief Executive Officer, Sanlam “If you ask where our real short-term upside is, it’s India. We’ve got a great business with them, growing tremendously. That is our fast-growth outlet” Paul Hanratty, 62 Sanlam Ltd., Africa’s biggest insurer, is banking...
Russian charter flight with 6 people disappears over Afghanistan; crash reported
Russian aviation authorities said in a statement the plane was a charter ambulance flight traveling from India, via Uzbekistan to Moscow on a French-made Dassault Falcon 10 jet manufactured in 1978 Russian aviation authorities said on Sunday a Russian-registered...
Power capacity from non-fossil fuels to touch 65% by 2030: Minister
“We have about 99 GW of renewable energy capacity under construction and around 32 GW of renewables under bidding stage. We shall be bidding around 40 – 50 GW of renewable capacity every year'' Minister for Power and New & Renewable Energy R. K. Singh New Delhi:...
Traffic through the Panama Canal is being cut due to drought, disrupting global trade
On Wednesday, Panama Canal Administrator Ricaurte Vásquez said they would cut daily ship crossings to 24, after already gradually slashing crossings last year from 38 a day in normal times A severe drought that began last year has forced authorities to slash ship...
Half- day holiday declared for PSU insurers on Jan 22
Public sector banks, insurance companies, financial institutions and regional rural banks will remain closed for half day on January 22 due to the Ram temple consecration ceremony in Ayodhya. Earlier in the day, the Department of Personnel and Training issued an order...
ACKO appoints Mallesh Bommanahal as Chief Data Scientist
ACKO has announced the appointment of Dr Mallesh Bommanahal as a chief data scientist. An expert in the world of artificial intelligence, Mallesh has 16 years exposure in the insurance and healthcare industries. He is also the founder of i3systems.ai, widely known for...
Insurance cover under Ayushman Bharat health insurance scheme likely to be doubled
The increase in coverage to Rs 10 lakh per family per year and increase in beneficiary base to 100 crore individuals will involve an additional allocation of Rs 12,076 crore per annum.The AB PMJAY crossed the milestone of generating 30 crore Ayushman cards on January...
Climate change may claim 14.5 mn lives by 2050: WEF
Flooding alone is estimated to cause 8.5 million deaths by 2050, posing "the highest acute risk of climate-induced mortality", according to the study. Droughts, as the second leading cause of climate-related mortality, are forecast to claim 3.2 million lives. Heat...
Insurers seek to exclude US, UK Ships From Red Sea Coverage
“Underwriters are adding clauses saying no US, UK or Israeli involvement,” he said. “Just about everybody is putting something like that in, and many include the words ‘ownership’ or ‘interest’” War risk rates have gone into a frenzy in recent days following the US...
ICICI Lombard General Insurance net rises 22.4% to Rs 431 cr in Q3
The insurer's combined ratio, an important profitability metric for an insurance firm's underwriting business, improved to 103.6 per cent from 104.4 per cent a year ago Mumbai: ICICI Lombard General Insurance, the country's second largest general insurer, on Tuesday...