According to the India Mental Health Alliance (IMHA), a staggering...
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IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB)...
Indian Healthcare: Transparency Drives Patient Choice
``Establishing a central authority to create, enforce and celebrate...
AB-PMJAY: BAGI wins Gujarat, RGI bags Meghalaya, NIC retains Jharkand
Bajaj Allianz General Insurance has outbid Oriental Insurance Company to win the mandate for Gujarat and Reliance General Insurance has pushed out National Insurance Company(NIC) for Meghalaya in competitive bidding Reliance General Insurance will be earning a premium...
Ukraine’s drone attack yet to jolt insurance for Black Sea oil carriers
As of Monday, the extra insurance premium ships pay when entering risky areas was stable compared with levels prior to the weekend attack, according to two people familiar with the market. The figure is closely watched by traders and shipowners alike for whether it...
General insurance industry’s premium grows 14% to Rs 26,629 crore in July, Pvt sector cos lead
Bajaj Allianz General Insurer with a premium base of Rs3762 crore , a y-o-y growth of 51 per cent, has overtaken ICICI Lombard General insurance in garnering the largest premium in the month of July Mumbai: The Indian general insurance industry has...
El Niño could have a significant impact on renewable energy production, WTW report
``Developers must carefully plan and factor the various worst-case scenarios into their risk model to ensure new projects are commercially viable going forward. There are also innovative insurance tools available such as parametric solutions that can provide revenue...
Profits at Warren Buffett’s firm reach USD 36 billion as stocks surge and its insurance holdings perform well
Warren Buffet,chairman and CEO of Berkshire Hathaway Underwriting profits at Geico rebounded to USD 514 million as it raised premiums on its auto insurance customers by an average of 16 per cent and continued to cut back on its ubiquitous lizard ads while paying out...
Heat and wildfires put southern Europe’s vital tourism earnings at risk
US.-based climate technology startup Sensible Weather is developing insurance that would compensate people if extreme heat wrecks their holiday It's rolled out “weather guarantee” coverage to travel companies in the UK, France and the US, which pays travellers if...
Japan casualty insurers sink on concerns over suspected price fixing
The allegations first came to light in June, when the insurers were said to have tried to set premiums for railway operator Tokyu Corp. The Financial Services Agency ordered them to submit a report on the matter, amid questions over whether the suspected collusion was...
Romania bids to clear Danube logjam after Ukraine attack, insurers impacted
Ukraine will insure ships that import and exports goods through the Danube and is considering the possibility of providing cover for ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing Prime Minister Denys Shmyhal...
ICICI Bank receives RBI nod to raise its stake in ICICI Lombard General Insurance by another 4%
The bank currently holds a 48.02 per cent stake in ICICI Lombard General Insurance Company and would acquire at least a 2.5 per cent stake out of the 4 per cent to make the insurer its subsidiary before September 9, 2024 Mumbai: Banking regulator Reserve Bank of...
Crucial to conduct post-Covid survey to assess prevalence, severity of mental health disorders: Parl panel
''The devastating impact of the Covid pandemic on mental health in India necessitates an immediate and comprehensive countrywide mental health survey,'' it said New Delhi: A post-Covid mental health survey is crucial to assess the prevalence and severity of mental...