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Berkley Insurance Asia launches operations in India’s GIFT City
“India has long been an important market for Berkley Insurance Asia...
Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament
Sometimes cashless treatment is denied, sometimes claims are...
Six of nine planetary boundaries now exceeded: Study
"Crossing six boundaries in itself does not necessarily imply a disaster will ensue but it is a clear warning signal. We can regard it as we do our own blood pressure," Katherine Richardson, professor at the University of Copenhagen in Denmark said. Human activities...
‘Radical reorientation’ needed as half of humanity lacks basic health coverage
“The fact that so many people cannot benefit from affordable, quality, essential health services not only puts their own health at risk, it also puts the stability of communities, societies and economies at risk,” said Tedros Adhanom Ghebreyesus, WHO Director-General...
Rising ownership costs to hurt India’s commercial vehicle volume growth: Fitch
The ratings agency said increasing regulatory requirements, elevated inflation and high interest rates have pushed up the ownership costs, thereby weighing on purchase decisions Rising ownership costs to hurt India's commercial vehicle volume growth: FitchGrowth in...
Zurich and KPMG collaborate to provide comprehensive climate change advisory services
In this evolving environment, it is increasingly important that businesses address both physical climate risks and transition risks. Transition risks include policy changes, reputational impacts, and shifts in market preferences, norms and technology The offering is...
Health must be fast-tracked for 2030
Sustainable Development Goal 3 also identified universal health coverage as the broad platform that could deliver health services while offering financial protection against inordinate out-of-pocket expenditures and debilitating catastrophic health expenditures New...
IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam
After Nitin Gadkari, union minister, Ministry for Road Transport and Highways, launched two basic level Surety Bonds, in Dec 2022, issued by Bajaj Allianz General Insurance with the support of reinsurance support from Munich Re and Swiss Re, the Surety...
“There is an urgent need to lower the premium rates, and making the PMFBY fiscally sustainable”
Girija Kumar, chairman and managing director, Agriculture Insurance Company, in an interview with Asia Insurance Post, explains how USD $ 4 billion Indian Crop Insurance market(FY 2022-23) will expand faster going ahead How do you see Indian crop insurance market? The...
World Cup fanfare masks an existential threat to Rugby
Much of the fear over the future of the sport stems from the risk of damage from blows to the head. Many of the key talking points from the first World Cup weekend revolved around head injuries and whether a player’s actions are dangerous and need to be punished The...
RBI’s financial inclusion index rises; shows growth across all segments
In August 2021, the central bank said it has been conceptualised as a comprehensive index, incorporating details of banking, investments, insurance, postal, as well as the pension sector, in consultation with government and respective sectoral regulators Mumbai: The...
Kerala govt asked to explain steps taken to maintain confidentiality of HIV patients when applying for CMRF
Justice Devan Ramachandran of Kerala High Court observed that although a circular has been issued on related aspects, it was not enough and that concrete steps should be implemented to ensure the privacy of HIV-positive persons Kochi: The Kerala High Court has sought...