According to preliminary estimates, 1H economic losses in the U.S....
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Insurance industry seeks clarity on Irdai’s initial approval of West Bridge’s KIWI General Insurance
Industry expert said that with WestBridge Capital's controlling...
Cyber security and IT services provider Intersys sets up India operations
Led by Tanmay Gore, director of Intersys India, located in Mumbai,...
Chronic diseases taking ‘immense and increasing toll on lives’, warns WHO
A 46-year-old Cambodian man who lost his leg to diabetes. The annual global death toll from non-communicable diseases such as cancer, diabetes and heart disease, is estimated at 36 million. Photo: IRIN During 2020-2021, COVID-19 resulted in 336.8 million years of life...
Samruddhi Expressway sees 39 deaths in accidents since its launch in Dec 2022; road hypnosis among causes
Road hypnosis, also called white line fever, is an altered mental state faced by drivers due to ''automaticity'' or the process of doing things automatically without actively thinking about the steps involved A total of 39 persons have lost their lives and 143 were...
Britain mandates 20 offshore carbon storage licenses
Britain aims to use carbon capture and storage (CCS) technology, which involves filtering planet-warming carbon from industrial smokestacks before it hits the atmosphere and storing it underground, to hold 20 million to 30 million tonnes of CO2 by 2030 London: Twelve...
Cities risk irreversible damage due to environmental degradation: Officials
''Be it Panaji, Thane, Surat, our cities could suffer permanent damage if their green areas are not protected now. We need to take immediate measures to improve the state of the environment in our cities,'' Kunal Kumar, Mission Director of the Smart Cities Mission...
India is developing programmes to reduce risk of losses from all hazards: PK Mishra
P K Mishra, Principal Secretary, PMO India has significantly increased funding earmarked for disaster risk reduction and has brought about landmark changes in its financing architecture to support the entire spectrum of disaster risk management needs – disaster risk...
US, UK, others seek to target illicit oil shipping transfers at sea
Hundreds of “ghost” tankers, which are not fully regulated, have joined this opaque parallel trade over the past few years, carrying oil from countries hit by Western sanctions and restrictions, including Russia and Iran The number of incidents last year, including...
Ukraine Black Sea grain deal extended for two months
Officials from Russia, Ukraine, Turkey and the U.N. make up a Joint Coordination Centre (JCC) in Istanbul, which implements the Black Sea export deal. They authorize and inspect ships. No new vessels have been authorized by the JCC since May 4 The Ukraine Black Sea...
Kerala Health Minister estimates loss of around Rs 8 crore in Kollam drug warehouse fire
''The total loss due to the fire is estimated at Rs 8 crore. But the corporation need not suffer this much loss as the medicines are insured,'' Kerala Health Minister Veena George said Thiruvananthapuram: Kerala Health Minister Veena George on Thursday said medicines...
Panda meets insurers, sets Aug 1 deadline for Health Exchange and Bima Sugam
Debasish Panda, chairman, IRDAI Raising the overall budget for Bima Sugam to Rs 200 crore from around Rs 85 crore, Irdai now plans to go for requests for proposals (RFPs) soon to appoint a service provider for the platform. The service providers will be the...
ICICI Lombard partners with actyv.ai for SME solutions
ICICI Lombard will collaborate with actyv.ai to design comprehensive insurance offerings for the entire supply chain ecosystem, encompassing distributors, retailers, and suppliers Mumbai: ICICI Lombard General Insurance, India's second largest general insurance...