Aon plc today has appointed Bonjay Koo as Enterprise Client Leader,...
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Ajay Seth takes over as new IRDAI chairman
Ajay Seth, chairman, IRDAI Analysts expect Seth to hit the ground...
India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling
When asked about issues on warranty and insurance due to usage of...
Insurers have to provide key details of health policies separately to customers: IRDAI
The separate information sheet accompanying a health insurance policy has to be also signed by the customer before policy is getting issued by the insurer Hyderabad: Further streamlining the customer friendly features in a health insurance policy, segment regulator...
Air pollution greatest global threat to human health: Study
Globally, South Asia is the worst impacted region. Bangladesh, India, Nepal and Pakistan are in order the top four most polluted countries in terms of annualized, population-weighted averages of fine particulate matter, which are detected by satellites and defined as...
Compensation claims in road accidents need not be proven like criminal cases: HC
“A holistic view of the evidence has to be taken into consideration by the tribunal and strict proof of an accident caused by a particular vehicle in a particular manner need not be established by the claimants. The claimants have to establish their case on the...
DFS asks GIPSA to include GIC Re and AIC as its members
The move by the DFS has come at a time when GIC Re had already expressed its desire to the DFS to be treated separately from the rest of PSU general insurers in some areas particularly deciding wages and allowances of its employees New Delhi: The Department of...
India braces for driest August since 1901 amid intensifying El Nino
Normal rainfall is critical for India's agricultural landscape, with 52 per cent of the net cultivated area relying on it. Additionally, it plays a crucial role in replenishing reservoirs essential for drinking water and power generation throughout the country. New...
Biden administration targets diabetes drug, blood thinner, others for Medicare price negotiations
The move is expected to cut costs for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers Washington DC: The Biden administration on Tuesday released its list of 10 prescription medicines that will be subject to the...
El Nino likely to develop between Sept and Nov, Australian weather bureau says
“Sea surface temperatures (SSTs) in the tropical Pacific are exceeding El Niño thresholds and have continued to warm slightly over the last fortnight,” the bureau said in a statement on its website.Climate models indicate further warming of the central to eastern...
Insurance, JioAirFiber, CBG plants make Reliance’s roadmap for growth: Ambani
Reliance Industries Ltd will continue to invest in clean energy projects, including 100 plants to convert agri-residue -- a source of pollution in the north during winter -- into gas that can fuel automobiles and generate power. All this to offset emissions from its...
Munich Re launches parametric driven NatCatcover for small borrowers in India
``We worked with the insurers and launched product that pays if the event happens and the trigger is met. This expedites the payout and the small borrowers receives money in real time of need. This addresses the bottom most section of the Pyramid,’’ said Hitesh Kotak,...
“Munich Re is committed to support Indian insurance industry, to bring in new products and solutions to the market’’
Growing its business fast, Munich Re, the largest global reinsurer,has emerged as one of the key Foreign Reinsurance Branche(FRB) in India. Hitesh Kotak, Chief Executive, India, Middle East and Africa, Munich Re,in an interview with Asia Insurance Post, outlines his...