The total loss of a container ship like the GFS Pride is relatively...
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French supermarkets’ cyber insurance unlikely to cover food losses, insurers say
Cyber insurance typically does not cover physical losses from...
Cost and stigma affect access to professional mental health care, AXA report
As a barrier, stigma varies too and is often rooted in social and...
Global semiconductor majors see value of their properties and inventories rise 12% to $529bn in 2025: Atrium
Nick Leppard,Head of Property Direct & Facultative at Atrium, says: “Semiconductor companies have a huge amount of capital tied up in highly specialised facilities, so any damage to these facilities can result in dramatic financial losses.There have been several...
UP: Over 2 lakh motor accident claims pending; training programme held for insurance officials
Dr Manu Kalia, member secretary, Uttar Pradesh State Legal Services Authority said more than two lakh cases are pending before motor accident claims tribunals across Uttar Pradesh. The figure does not include appeals and special leave petitions. Since insurance...
APAC medical cost growth projected to slow to 9.7% in 2027, Aon Report
The projected medical trend rate remains substantially above the forecast for APAC general inflation rate of 2.5%. After accounting for inflation, the net medical trend rate is expected to decline from 8.9% in 2026 to 7.2% in 2027. The decline in the regional trend...
SC directs centre and state govts to link accident, vehicle, insurance databases within 4 weeks
The Supreme Court directed the Centre and states to complete the integration "within four weeks from today positively" and file compliance reports, along with details sought in its previous orders, through affidavits.The directions came as the top court examined...
4 dead from storm as Isaias brings threat of floods across the Southeast
The Atlantic hurricane season has been unusually quiet this year, and Isaias was the first hurricane to hit the eastern U.S. since 2024 PANAMA CITY BEACH, Fla: Isaias peeled off hotel and condominium rooftops and facades along the Florida Panhandle before charging...
Landslide, possible dam breach may have triggered Nepal flash flood,damages two hydropower projects damaged
The flood that struck Nepal around 4 am local time swept away houses and bridges in Gorkha district and damaged two hydropower infrastructure. At least 10 people remain missing, while nearly 50 people have been rescued, according to Nepali authorities. Kathmandu: A...
Protecting Growth: Indispensable Insurance for every Indian enterprises
For service-based MSMEs, particularly IT and ITES companies serving foreign clients, professional liability can be critical. A missed deadline, processing error, incorrect information or system-related mistake can cause a client financial loss and lead to an Errors...
The GenAI Revolution: Transforming insurance operations beyond automation
People need to move from asking : “Will AI take my job?” to:“Which parts of my job should AI take away so that I can do something more valuable?” Mohit Sharma, Chief Digital, AI & Transformation Officer, Generali Central Life Insurance As businesses and societies...
Distribution reforms to generate employment, make new players’ entry easier: IRDAI Member
Girija Subramanian,member, Distribution, IRDAI The effective dates under consideration for implementing the new reforms are Jan. 1 and April 1, said Girija Subramanian,member, Distribution, the Insurance Regulatory and Development Authority of India(IRDAI)....
Microfinance sector must prioritise savings, insurance over credit to avoid recurring crises: CEA Nageswaran
Chief Economic Adviser V Anantha Nageswaran said microfinance institutions need to move beyond lending and focus on building sustainable livelihoods and financial security for low-income households. New Delhi: India's microfinance sector must prioritise savings and...