Metformin, traditionally used to manage type 2 diabetes, and...
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Nigeria insurance stocks gain most in almost 20 yrs on new law
The law, approved by Nigeria’s President Bola Tinubu, which makes...
1,114 hospitals de-empanelled, 1,504 penalised under Ayushman Bharat Insurance scheme
"Suitable actions including de-empanelment of 1,114 hospitals,...
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Rakesh Joshi,member (F&I), Irdai The panel has been asked to suggest measures to ease of onboarding of customers using Aadhaar, and steps for fraud management at underwriting and claims stages It has also to suggest measures for improving the traceability of...
Proposal to blacklist ICICI Lombard sent to Maha Govt over crop insurance delay, says Akola collector
The private company has been appointed to insure crops in the district but there were delays in processing farmers' compensation claims following natural calamities, said district collector Nima Arora Akola(Maharashtra): The Akola district administration in central...
Insurance ‘scam’ case: CBI searches at nine locations in J-K, Delhi
In a first information report (FIR), the CBI named Reliance General Insurance along with Trinity Reinsurance Brokers as accused in the alleged scam in rolling out a medical insurance scheme for Jammu and Kashmir government employees and their families New Delhi: The...
Howden places new leadership across the regions and verticals
Asia Pacific, with Goh Chye Huat and Matt Bacon leading Asia and Pacific respectively, will be chaired by Mark Wood. India, Middle East & Africa and LatAm will be led by Sonia Caamaño, currently CEO International Growth Markets, and chaired by Paul Redgate, with...
IRDAI reduces solvency from 1.875 to 1.5 for underwriting Surety Bonds
Recognizing the importance of Surety Insurance Bonds, IRDAI had issued ‘IRDAI (Surety Insurance Contracts) Guidelines’ in January 2022 Hyderabad: In a significant measures to develop a Surety Insurance Bonds market in the country, the IRDAI Tuesday has reduced the...
Aon launches a new climate innovation hub in Singapore
(Lto R) Greg Case, CEO, Aon and Png Cheong Boon, Chairman, Singapore Economic Development Board inaugurating Aon's new climate innovation hub in Singapore “Climate change is a reality, not a probability. In 2022, there were $313 billion in total economic losses from...
Rajeev Dogra appointed as MD & CEO of Raheja QBE General Insurance
Raheja QBE General Insurance has announced the appointment of Rajeev Dogra as its new Managing Director & Chief Executive Officer following regulatory approval from Insurance Regulatory and Development Authority of India. Dogra has three decades of experience and...
Delhi court directs Police Commissioner to install CCTVs on accident-prone areas
Shefali Barnala Tandon, the presiding officer of the Motor Accident Claims Tribunal, was hearing a case where Vipin Kumar, an inspector, had filed an application seeking directives for civic agencies to install CCTV cameras at NH-8, Ring Road, and Dhaula Kuan New...
US cyber insurance sees sharp prm spike,Profit improvement to moderate: Fitch
Moderating claims frequency drove underwriting performance improvement, with lower ransomware incident costs and a higher proportion of incidents without payment However, this may be temporary, given the rapid pace of technological and economic change, such that...
India says 50 million people directly dependent on coal mining, says India
"As per our estimation, about 50 lakh people are engaged directly or indirectly in coal mining activities, especially in eastern Indian states. So, just transition has to cater to that challenge," he said India will press for a "just energy transition" at the G-20...