“IRDAI's role, along with the Ministry of Health and Family Welfare...
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Former Lloyd’s CEO loses top AIG’s $17 million job over office romance
John Neal, former CEO, Lloyd's Recent instances have felled CEOs at...
Worforce Reforms: 4 new labour codes implemented for welfare of workers in India
Under Code on Social Security, 2020 all workers including gig &...
India records six Covid-19 deaths, 692 new cases in 24 hrs; total active caseload at 4,097
A total of 109 cases of the JN.1 sub-variant have been detected in India until Wednesday, as per Health Ministry sources New Delhi: India records six Covid-19 deaths, 692 new cases in 24 hrs; total active caseload at 4,097India recorded 692 fresh cases of COVID-19 in...
CCI clears Hinduja group owned entities’ acquisition of controlling stake in Reliance Capital
Reliance Capital's subsidiaries and associates are engaged in various businesses in the financial service sector including insurance New Delhi: The Competition Commission of India (CCI) has approved acquisition of controlling stake in Reliance Capital Ltd by Hinduja...
Indian general insurers see record underwriting losses of Rs31,810 crore in Fy 2022-23, PSU general insurers shut 1,148 offices
The public sector insurers' underwriting losses, with OIC's largest losses of Rs 7,500 crore, constituted 77 per cent of non-life industry losses amounting to Rs 25,317 crore and remaining by private sector insurers amounting to Rs 8,699 crore, said Irda's annual...
Indian insurance penetration falls marginally to 4% in FY 2022-23: Irdai report
The country’s insurance penetration has fallen as the insurance penetration of domestic life insurance sector is reduced from 3.2 per cent in 2021-22 to 3 per cent in 2022-23 and the same for non-life Insurance sector remained at 1 per cent in both these years, said...
Hapag-Lloyd to decide on Wednesday about Red Sea routes
The world's top shipping firms, including Maersk and Hapag Lloyds, stopped transiting the Red Sea after Yemen's Houthi militant group starting targeting vessels earlier in December, disrupting global trade through the Suez Canal Germany's Hapag-Lloyd will decide on...
Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024
Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. ''The overall outlook for the Indian automobile industry in 2024 looks good which can be attributed to the all-round economic growth of the country, which is...
Govt clears proposal to appoint EDs in PSU gen insurance companies, interviews for 9 EDs soon
The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has finally approved the proposal of the Department of Financial Services for framing of guidelines for appointment of EDs in all public sector general insurance companie Currently,...
Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers
According to an official release, Telangana Chief Minister A Revanth Reddy also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme Hyderabad: Telangana Chief Minister A Revanth Reddy Saturday said the...
50 crore people now have Ayushman Bharat Health Account numbers: Govt
More than 1.5 crore patients have used ABHA-based instant OPD registration service and more than 50 lakh people are using the ABHA app to manage their health records digitally, the ministry said ABDM's Healthcare Professionals Registry (HPR) has 2.6 lakh verified...
Number of new Covid cases increased 52% globally in past one month: WHO
WHO said over 118,000 new COVID-19 hospitalisations and over 1600 new intensive care unit (ICU) admissions have been recorded, with an overall increase of 23 per cent and 51 per cent, respectively, globally Geneva: The number of new COVID cases increased by 52 per...