Willis, a WTW business has appointed Conor Keating as Head of...
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Aon launches AI-enabled claims copilot
“It empowers our professionals to turn insight into action, helping...
Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica
Catastrophe insurance backed by catastrophe bonds are part of the...
South Korea flood death toll rises to 40, Yoon blames botched responses
The incident fueled questions over South Korea’s efforts to prevent and respond to flood damage. Some drivers who use the road regularly blamed the government for failing to ban access to the underpass even though floods were widely forecast South Korean President...
Raj govt partners with Square Insurance
The objective of the MoU is to bring all the insurance products and services to the last mile person in Rajasthan by using e-Mitra network and provide an umbrella of all the insurance products in services offered by the largest and smallest insurance providers in...
Himachal suffered losses of about Rs 8,000 crore due to rain: CM Sukhu
About 70,000 tourists have been evacuated from the state and 15,000 vehicles sent out, while around 500 tourists have voluntarily decided to stay back, Sukhu said in a statement issued here Shimla: Himachal Pradesh has suffered losses of about Rs 8,000 crore as heavy...
Russian oil headaches for buyers as crude prices hit $60
India and China have been the two dominant buyers of Russian crude since the invasion of Ukraine more than a year ago prompted others to shun the OPEC+ producer. As Urals climbs above the limit set by the Group of Seven, however, importers will face greater scrutiny...
Need to achieve 100 pc coverage under Ayushman Bharat insurance scheme, Mandaviya tells states
Mansukh Mandaviya,Union Health Minister More than 4.34 crore hospital admissions worth more than Rs 51,749.40 crore have been authorised under the Ayushman Bharat PM-JAY so far, according to government data Dehradun: The government plans to begin a mega enrolment...
UN scrambles to save Black Sea grain deal, with EU help, ahead of Monday deadline
The EU is considering connecting a subsidiary of the Russian Agricultural Bank (Rosselkhozbank) to the international payment network SWIFT to allow for grain and fertilizer transactions, sources familiar with discussions told Reuters on Wednesday. The European...
IRDAI makes Tata AIG Gen lead insurer for Maharashtra
``We will leverage our expertise, technology, and partnerships to develop innovative insurance products and services that cater to the evolving needs of the people of Maharashtra,"Neelesh Garg, MD & CEO of Tata AIG General Insurance Mumbai: The Insurance...
Odisha govt selects four insurers to provide covers for Kharfi 2023 to Rabi 2025-26
Four insurance companies have been selected through e-tender, namely – Agricultural Insurance Company of India Ltd, SBI General Insurance Company Ltd., Future Generali India Insurance Ltd. and Reliance GIC Ltd for this cycle The farmers' share of premium under the...
Health, motor continue to drive general insurance, Q1 sales jump 17.9%
In June, the non-life insurance industry reported a premium of Rs 20,451.9 crore growing by 14.8 per cent on-year compared to 20.6 per cent in the same period last year, according to the data collated by Care Ratings Mumbai: Robust demand for health and motor covers...
IRDAI announces 3 winners for its first hackathon – “Bima Manthan 2022”
The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the...