Minister of State (MoS) for Home Affairs Bandi Sanjay Kumar said...
Category:
Non-Life
Latest
Insurance industry must adopt ‘1600’ calling series by Feb 15, 2026: TRAI
TRAI's direction requires IRDAI‑regulated firms to use 1600‑series...
Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos
Nirmala Sitharaman,Finance Minister The Sabka Bima Sabki Raksha...
Insurers review Middle East events coverage after cancellations
But new policies are likely to exclude Israel, Lebanon and countries neighboring Israel such as Egypt and Jordan, three sources told Reuters, standard practice after a war breaks out,Edel Ryan, a senior executive at broker Marsh. Some insurers are excluding Israel,...
Centre taking steps to promote Ayush system of medicine: MoS Mahendrabhai
The Ministry of Ayush is working on the operationalisation of 12,500 Ayush Health and Wellness Centres (AHWCs) under NAM by 2023-24, the minister said New Delhi: Union Minister of State for Ayush Munjpara Mahendrabhai on Wednesday said the Centre is taking steps for...
New India Assurance incurs losses of Rs192 crore in Q2 due to large CAT events
` Q2FY24 was one of the most challenging quarters for the company in recent times. The company suffered catastrophic losses on account of floods amounting to net of Rs 301 crore during the quarter. While a confluence of multiple events affected the results for...
UN chief says it will be difficult to revive Black Sea grain deal
U.N. officials are working to try to revive the deal, which Russia quit a year after it was brokered by the United Nations and Turkey — complaining that its own food and fertilizer exports faced obstacles and that not enough Ukrainian grain was going to countries in...
Cyber attacks and data breaches remain the top global risk, 50% of overall top ten risks presently uninsurable: Aon
Greg Case,CEO,Aon Notably only two of the top five current risks are insurable and half of the overall top ten is presently uninsurable "The world is more volatile, reflecting a series of profound transitions across trade, technology, weather and workforce issues that...
Spam crackdown: TRAI asks Principal Entities to take urgent steps to be onboard digital consent acquisition system
Banks, other financial institutions, insurance companies, trading companies, business entities, real estate companies, send commercial messages to telecom subscribers through SMS or voice calls.TRAI on Tuesday asked these entities to take 'urgent' steps to be onboard...
Shriram General Insurance Q2 profit jumps over 58% to Rs 119 cr
''Our focus is towards achieving GWP growth of 40 per cent in the FY 2023-24 driven by motor and non-motor segment,'' company's Managing Director and CEO Anil Aggarwal Jaipur: Shriram General Insurance on Tuesday reported over 58 per cent jump in net profit at Rs 119...
Magma HDI General Insurance launches covers for batteries of EVs and HEVs
Magma HDI General Insurance Limited (Magma HDI) has launched ‘Battery Secure Add On’, an insurance product specifically for batteries of electric vehicles (EVs) and hybrid electric vehicles (HEVs). Rajive Kumaraswami, managing director & CEO, Magma HDI General...
Israel’s ship industry urges government to help with jump in war insurance
The finance ministry said subsidizing the cost of additional war risk premiums was not being considered as of now, adding it was examining “additional solutions that will provide an insurance defense for vessel owners,” without giving details Ships sailing for Israel...
As devastated Acapulco rebuilds, other Mexico resorts urged to heed its lessons
As Acapulco rebuilds after the deadly Category 5 hurricane, climate experts, architects, engineers and politicians recommended steps Mexico should take. These include tougher building standards, improving flood water management and enhancing storm detection to avoid...