Star Health company has insured 30 lakh active senior citizens and...
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Nayara turns to dark-fleet tankers and Russian oil for survival
The refiner, part-owned by Russian oil major Rosneft PJSC, is an...
Senior citizen health covers witness a strong growth
"Approximately 6 in 10 health insurance policies are purchased...
El Nino is back in action, threaten food productions across Asia
Experts say that a strong El Nino could hit sugar production in India and Thailand, and possibly disrupt the sugarcane harvest in Brazil. They also see risks for coffee production in Vietnam, the world's second-largest producer LONDON: El Nino has officially returned...
Higher risk of disabilities, cancer in men born during Bhopal gas disaster: Study
“There were serious long-term and chronic health consequences for hundreds of thousands of survivors, including respiratory, neurological, musculoskeletal, ophthalmic and endocrine impacts,” said study co-author Prashant Bharadwaj, professor in UC San Diego’s...
MS Amlin launches new AI-powered claims triage process to support operational transformation
The new state-of-the art-triage process embeds an artificial intelligence (AI) model, which assesses and assigns claims based on certain criteria and proprietary scoring algorithms, into MS Amlin’s claims workflow LONDON: MS Amlin, the Lloyd’s global (re)insurer,...
Bangladesh, World Bank sign $858M to enhance climate-resilient agricultural growth and road safety
“These two projects will be important to help the country remain on a sustainable growth path through boosting climate-resilient agricultural productivity and enhancing the income of hundreds and thousands of farmers as well as protect the people and the economy from...
Meghalaya extends 100% subsidy in premium for crop insurance to state’s farmers
The estimated amount of premium support by the Government of Meghalaya of Rs. 4.4 crores is based on the enrolment target of 27,000 number of farmers for Kharif season 2023 and 10,000 number of farmers for the Rabi season 2023-24.With over 80% of the population of the...
RBI expands scope of TReDS, includes insurers as participants
''Apart from MSME sellers, buyers and financiers, insurance companies are permitted to participate as ''fourth participant'' in TReDS,'' it said in a circular Financiers place their bids on the TReDS platforms keeping in view the credit rating of buyers. They are...
FSIB selects Ramaswamy for GIC Re top post, Rajeswari Singh as NIC CMD
N Ramaswamy, general manger, GIC Re Four senior officials who had appeared for the virtual interview are- N Ramaswamy, general manager, GIC Re, Hitesh Joshi, general manger, GIC Re, M Rajeswari Singh, general manger & director, United India Insurance, BS Rahul,...
RBI Governor launches financial inclusion dashboard Antardrishti
Shaktikanta Das, Governor, Reserve Bank of India The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral...
FSIB to select CMDs for GIC Re and National Insurance today
Some of the officials who are appearing for a virtual interview are- N Ramaswamy, general manager, GIC Re, Hitesh Joshi, general manger, GIC Re, M Rajeswari Singh, general manger & director, United India Insurance, BS Rahul, general manger, Agriculture Insurance...
Geneva Association celebrates its 50th anniversary
Christian Mumenthaler, Chairman of The Geneva Association and Group CEO of Swiss Re, said: “What stands out, above all, is how insurers and reinsurers have dutifully confronted the world’s biggest challenges in the name of building resilience. In the uncertain times...