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Japan’s NEXI signs reinsurance agreement with ECGC
Under this agreement, NEXI will underwrite reinsurance for export...
GST Council to meet on Sep 3-4 to discuss moving to a two-rate structure
Nirmala Sitharaman,Union Finance Minister The council, comprising...
Italy to pass ‘right to be forgotten’ law for cancer survivors – PM
Giorgia Meloni,Prime Minister, Italy According to campaigners, there are more than 900,000 cancer survivors in Italy who may face difficulties when taking out insurance or a loan, or applying for adoption, because of their health history The proposals would allow...
Mental Health: You’re not alone
Declining mental health is a longer-term trend, and it’s likely work demands have also played a role. Research identifies three main workplace contributors to mental ill-health: imbalanced job design when people have high job demand yet low job control, occupational...
UK self-driving car dreams could break down at the starting line
Despite the government’s vision to be a world leader in AV technology, truly driverless cars are not currently permitted on Britain’s roads, making it difficult for start-ups to commercialize their vehicles and insurers to assess their risks. Britain could lose out on...
IRDAI appoints Zuno General Insurance as Goa’s lead insurer
Motor insurance dominates the market, accounting for approximately 77% of the state's Gross Written Premium (GWP), followed by fire and property insurance at 14%, and marine cargo and hull insurance at 3.5% Mumbai: Zuno General Insurance (Formerly Edelweiss General...
Stalin opposes New India’s Hindi circular, have gone by rule books, says NIA
M.K. Stalin,Chief Minister,Tamil Nadu In a social media post, the Tamil Nadu Chief Minister said that the circular in Hindi was "unjust", and demanded its "immediate withdrawal" However, NIA has clarified that under rules company's advertisements, tender, press...
Amit Shah announces disaster management schemes worth Rs 8,000 crore
Amit Shah,Union Home Minister "A total of Rs 5,000 crore project to expand and modernize fire services in states, Rs 2,500 crore project for the seven most populous metros - Mumbai, Chennai, Kolkata Bengaluru, Hyderabad, Ahmedabad and Pune - to reduce the risk of...
Passenger vehicle wholesales rise 13.54 pc in May at 3,34,247 units: SIAM
New Delhi: As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022 Two-wheeler domestic wholesales were at 14,71,550 units, as...
Cyclone ‘Biparjoy’ may cause extensive damage, Reliance suspends Sikka diesel exports
Cyclone 'Biparjoy' may cause extensive damage and it is likely to impact Kutch, Devbhoomi Dwarka, and Jamnagar districts of Gujarat the most, the India Meteorological Department (IMD) said on Tuesday Reliance said in a letter sent to traders that it had declared a...
Gujarat braces for Cyclone Biparjoy; landfall likely on June 15, 7,500 moved to safety
Two of India biggest ports - Mundra and Kandla - are in the Gulf of Kutch, while the Jamnagar refinery, the world's biggest oil refinery complex owned by Reliance Industries, is based in Saurashtra Ahmedabad: A storm off India's west coast has strengthened to become a...
SCOR chairman Kessler, 71, passes away, company pays tribute
Denis Kessler Thierry Léger, chief executive officer, SCOR, said, “Over the past two decades, Denis Kessler has been the architect behind SCOR’s success and reputation throughout the world. His passion for reinsurance was unparalleled, and his ambition to make SCOR an...