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Cyber Insurance: Ransomware remains biggest driver of claims
``Asian businesses with overseas presence should also consider...
HDFC Ergo expects 3%-5% margin pressure on its retail Health products without ITC
``We have already passed on the full zero GST benefit to new retail...
Unseasonal rains: Crops on 60k hectares in Marathwada damaged, affects 1.22 lakh farmers; Nanded worst-hit
Quoting figures from the crop loss assessment survey carried out by the state government, he said Nanded saw the maximum loss with crops getting damaged on 21,579.50 hectares and affecting 36,543 farmers. Aurangabad: Crops on more than 60,000 hectares of land in...
RCap resolution plan deadline may be extended
All the three bidders-- IndusInd International Holdings Ltd (IIHL) of Hinduja Group; Torrent Investment and Singapore-based Oaktree -- who will be participating in the extended challenge mechanism (second round of auction), are still engaged with the Committee of...
Daily Covid cases cross 6000-mark in India, positivity rate at 3.39 pc
New Delhi: India has logged 6,050 fresh coronavirus cases, the highest in 203 days, while the active cases have increased to 28,303, according to Union health ministry data updated on Friday. On September 16 last year, 6,298 cases were recorded. The death toll has...
Gehlot writes to Modi seeking change in rules for PM crop insurance scheme
Ashok Ghelot,Chief Minister,Rajasthan The chief minister has also demanded to change the rule of compensating farmers for loss of crops on only two hectares of land in cases of natural calamity and increase this limit, according to a statement. Jaipur: Rajasthan Chief...
XBB.1.16 accounting for 38.2% of COVID-19 infection in India, says INSACOG bulletin
A few BA.2.10 and BA.2.75 sublineage was detected in some part of the country whereas XBB was the most prevalent sublineage of the Omicron variant. The INSACOG said globally, nearly 3.7 million new cases and 26,000 deaths have been reported in the last 28 days New...
Non-communicable diseases like diabetes, hypertension leading cause of death, suffering in India, says report
Commenting on the annual report, Apollo Hospitals Group Chairman Dr Prathap Reddy said, ''Preventive healthcare needs to become a national priority. Over the past 3 decades, NCDs have become the leading cause of death and suffering, contributing to 65 percent of...
Indian general insurance industry’s prm rises 16.50 % to Rs 2,56 trillion in fy2022-23, pvt sector captures 61.56% market share
Though, the actual figures are yet to be known for the whole year, this the second year, when the health business will be largest portfolio of the industry, followed by motor and crop At the end of Fy 2022-23, the four public sector general insurers, NIA,United India...
Sequoia Capital’s $8.5m funding for a startup improving fleet driver behaviors with telematics
It's a marketplace worth $76B today and set to grow to $214B in the next 6 years. LightMetrics is powering the global vehicle telematics industry with intelligent video capabilities as revenues grow 3x while customer numbers cross 2,500 fleets globally. Their flagship...
Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report
The drop in capital was driven by a decline in the value of investments. There was also a conspicuous absence of new capacity, despite the potential attraction of much tightened pricing and terms and conditions Perhaps most notably, for the first time in the past ten...
Howden accelerates growth in the Gulf with the establishment of Howden Bahrain
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...