Girija Subramanian, CMD. NIA “ Our domestic gross direct premium...
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Companies struggle to meet rising demand for personalized benefits, Aon Survey
"Employees increasingly expect a consumer-grade experience when it...
DIFC’s re/insurance gross premium rises 35% to $3.5bn in 2024
The insurance and reinsurance sector also experienced robust...
Remain cautious and wear mask, focus should be on clinical cases: Experts on Covid surge in Delhi
'The rise in Covid cases is led by the new variant ''Our focus should be on looking for clinical cases rather than laboratory-tested cases.For India, there is a 30-fold increase in cases but the daily deaths have not increased in that proportion. We should not worry...
Maruti Suzuki, Hyundai, Tata Motors report best-ever wholesales in FY23
''We expect the industry growth to be in the range of 5-7 per cent this fiscal and the company would like to perform better than the industry,'' said Shashank Srivastava,executive director,Maruti Suzuki India New Delhi: Maruti Suzuki, Hyundai and Tata Motors reported...
Centre reviews public health preparedness for management of Covid-19
States and UTs were briefed that India has been witnessing an increase in COVID-19 cases with average daily cases rising to 966 in the week ending March 23 2023 from 313 average daily cases in the week ending March 3 2023; and weekly positivity going up to 1.08 per...
New life players-Acko Life Insurance and Credit Access Life Insurance receive licenses from IRDAI
Three new players have been given licenses in FY2022-23. Another 20 players which intend to enter country's life, non-life and reinsurance sector are in the pipeline, said IRDAI on Friday. Hyderabad: Finally, the long dry spell of new life players have come an end...
LIC,GIC Re and NIA continue to be listed as D-SIIs in 2022-23:IRDAI
Domestic Systemically Important Insurers refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress or failure would cause a significant dislocation in the domestic financial system, said the Irdai Hyderabad: Life...
Munich Re exits Net-Zero Insurance Alliance
“In our view, the opportunities to pursue decarbonisation goals in a collective approach among insurers worldwide without exposing ourselves to material antitrust risks are so limited that it is more effective to pursue our climate ambition to reduce global warming...
IFFCO- Tokio Gen crosses Rs10,000 crore gross written premium in FY 22-23
New Delhi: IFFCO-TOKIO General Insurance has achieved a 16 per cent growth in its gross premium to of Rs 10,000 crores in 2022-23.H.O. Suri, managing director & CEO, IFFCO Tokio stated that ``‘‘Health Insurance’ and ‘Crop Insurance’ verticals are the top most...
DFS joint secretary Sourav Mishra resigns
Sourav Mishra, joint secretary, Department of Financial Services Though, Mishra will be relieved on Apr 30, it is immediately not known whether a bureaucrat from the government or another private sector professional will replace him in the DFS which is headed by...
Russia still uses Western insurance for half of its oil shipments
“Russia’s high dependence on insurance from G-7 and European countries for shipping oil means the price-cap coalition has strong leverage,” Meri Pukarinen, Europe-Russia policy officer at the Helsinki-based Centre for Research on Energy and Clean Air, said by email....
Swiss Re faces $6.3 million claim over sexism, unfair dismissal
The lawsuit by Julia Sommer, 41, brought after a Swiss Re senior manager commented about her breasts, made references about sex and discriminated against her, swings the spotlight back on an industry struggling to shake off a reputation for sexism. London: A former...