To address this, the report outlined a three-pillar framework of...
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8 officials selected for Insurance Ombudsmen
Those who have been selected by a government appointed panel are-...
Lloyd’s investigates its former CEO John Neal
John Neal,former chief executive officer,Lloyd's Lloyd’s Chairman...
32 per cent vehicles in Kerala not insured, says Transport dept
''Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles,''...
Britain and Switzerland agree wide-ranging financial services trade deal
“It is an agreement based on deference: Swiss firms can operate inside the UK under Swiss rules and UK firms can operate inside Switzerland under UK rules,” UK's Chancellor of the Exchequer Jeremy Hunt said. “This is a light-touch, progressive, future-leaning way of...
Special camps to be organised in TN’s 4 districts to settle insurance claims once flood water recedes: FM
As many as 31 people have lost their lives in the four districts while a total of 73,574 hectares of agriculture crop area and 35,796 hectares of horticulture area have been affected due to heavy rainfall during December 16-19 Chennai: Finance Minister Nirmala...
Shipping firms impose surcharges as Red Sea attacks hit global trade
In total, Maersk said a standard 20-foot container travelling from China to Northern Europe now faced an extra charge of $700, consisting of a $200 TDS and $500 PSS. Containers bound for the east coast of North America will be charged $500 each, consisting of the $200...
Ayushman Bharat Digital Mission ensures robust patient data security measures: NHA
Vikram Pagaria, joint director of the mission under the National Health Authority, highlighted that around 2,50,000 health facilities have been connected so far under the ABDM run by the NHA. Pagaria said that under this mission, there is no question of the patient's...
Shipping costs soar as war and climate risks choke key waterways
This week, provisional chartering rates for a Suezmax tanker to move oil from Iraq to the Mediterranean rose above 90 worldscale points, said shipbrokers. That’s a sharp jump from between 75 to 85 points in provisional bookings made in the past week. These points...
Red Sea attacks a risk for Indian exports
New Delhi may consider an alternate route along Africa for shipments of basmati rice if attacks by Yemen's Houthi group persist, which could lift prices by about 15% to 20%, the source added New Delhi: India's exports face a shortfall of about $4 billion to $5 billion...
JN.1 variant is fast spreading; vulnerable for older people with multiple comorbidities: Health expert
"JN.1 is a fast-spreading variant, it could go into the next tier of the population, which is the vulnerable age group, older people and also people with multiple comorbidities. In such individuals, their underlying conditions can destabilise and could result in their...
WHO classifies ‘low’ risk JN.1 coronavirus strain as ‘variant of interest’
The United Nations agency said current vaccines continue to protect against severe disease and death from JN.1 and other circulating variants of the COVID-19 virus Geneva: The World Health Organization (WHO) on Tuesday classified the JN.1 coronavirus strain as a...
DFS Secy Joshi initiates move to set up of an Indian Health Regulator
Vivek Joshi, secretary, Department of Financial Services ``I request you to initiate a meeting of General Insurance Council along with the senior executive of leading insurance companies, National Health Authority (NHA) and Department of...