“While the universe of risks is expanding, the world is...
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Beyond Balance Sheet: Strategic role of CFOs in insurance industry
True leadership in finance is not just about preserving value, it...
Aon’s advanced AI-powered supply chain offering to help businesses anticipate & mitigate hidden risks
Using AI and advanced data modelling, the solution analyses...
Tax Troubles: General insurers get Rs18,000 crore of demand notices from GST authorities on reinsurance & coinsurance deals
``The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium...
About 70 pc of premature cancer deaths in 2020 preventable, 30 pc treatable: Lancet study
Tobacco, alcohol, obesity, and infections accounted for roughly 1.3 million deaths in women across all age groups in 2020, the study reported, acknowledging that the burden of cancer in women due to these risk factors was widely under-recognised. New Delhi: About 70...
Ship insurance facility set up for Ukraine grain exports, says broker Miller
London-headquartered Miller said it had teamed up with British maritime technology company Clearwater Dynamics (CWD) to develop a war risks insurance facility for grains shipments via three ports including Chornomorsk as well as Odesa and Pivdennyi “The three main...
WHO releases new publications to foster tobacco-free environment for young people
“Whether sitting in class, playing games outside or waiting at the school bus stop, we must protect young people from deadly second-hand smoke and toxic e-cigarette emissions as well as ads promoting these products,” said Dr Ruediger Krech, Director of Health...
Kerala govt withdraws Nipah related restrictions in Kozhikode
However, the collector urged people to continue their vigil against the virus infection, maintain social distancing and ensure the use of masks and sanitizer. A total of six people were confirmed to have been infected by the virus till date, and of them, two died....
Monsoon rainfall deficit at 6% below normal
While northwestern India (2 per cent above normal) and central India (normal) received above normal and normal rainfall respectively, South Peninsula (9 per cent below normal) and eastern and northeastern regions (17 per cent below normal) have witnessed deficient...
SBI General Insurance recognised as a Great Place To work
SBI General Insurance has been recognised as a Great Place To Work® Certified™ in India from September 2023 to September 2024 period. ``It is a confirmation of SBI General's s commitment to supporting its workforce and delivering top-notch service to its customers,''...
Every minute 177 Ayushman Bharat cards made, 30 hospital admissions undertaken: Health Ministry
Under PM-JAY around 5.59 crore hospital admissions have been undertaken. Around 27,343 hospitals have been empanelled under Ayushman Bharat, providing both cashless and portable treatment facilities. 44 per cent of hospitalisations are of women beneficiaries, whereas...
ONDC to launch insurance products in its network this week
Providing massive opportunties to the insurance industry, the platform will initially launch Motor, Health, Marin and will add more insurance products going ahead, according to an official Mumbai: After launching credit products, the government-backed Open Network for...
“Our aim is profitability. We aspire to be among the top performing global reinsurers”
In an exclusive interview with Asia Insurance Post, on the occasion of Rendezvous September, Monte Carlo, Devesh Srivastava, CMD, GIC Re highlights major achievements during his 4-year tenure as the head of the third largest Asian reinsurer. The period of...