Roughly 46% of Europe’s total renewable generation capacity will be...
Category:
Non-Life
Latest
EV-carrying ship that caught fire in Pacific ocean has sunk
Demand for lithium-ion batteries, including in EVs, is bringing a...
Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re
Beat Strebel,CEO, China, Swiss Re These lesser understood risks are...
Govt makes 5 of IRDAI’s board decisions into regulations in less than a fortnight
Industry observers said with the speed government has notified some of the IRDAI's decisions shows its priority on the issue of penetration in the insurance sector. It is expected that the government may deal with the proposed amendments in the two Insurance Acts-...
Munich Re and Swiss Re back Bajaj Allianz General to launch first-ever surety bond for NHAI projects on Dec 19
"The surety bonds will help in boosting the liquidity in the infrastructure sector by freeing the contractors working capital stuck in bank guarantees. Contractors can utilise these funds for growth of their business," said Nitin Gadkari, union minister, road...
Deep depression intensifies into cyclonic storm Mandous, IMD alert for Tamil Nadu, Puducherry, AP
"Light to moderate rainfall at most places with heavy to very heavy rainfall at a few places and extremely heavy rainfalls at isolated places very likely over north coastal Tamil Nadu, Puducherry and adjoining south Coastal Andhra and isolated very heavy rainfall...
Kerala govt releases revised action plan on climate change
Building disaster resilient infrastructure and strengthening institutional mechanisms for better disaster responses and raising incomes to bolster capabilities of individuals and communities to adapt to local impacts of climate change are important,'' said Kerala...
More than 1 in 5 worldwide suffering from violence at work: ILO
The most common reasons given for non-disclosure were that it was seen as a "waste of time", leaving people who have been abused, fearing for their reputation. Women were more likely to share their experiences than men (60.7 per cent compared to 50.1 per cent) UN:...
Oil tankers blocked near Turkey by proof-of-insurance rule
The measure, which came into force on Friday, compels ships carrying crude oil to have a letter from their insurer guaranteeing cover while in Turkey’s waters. Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof...
Centre reviews preparedness for possible cyclonic storm over Bay of Bengal
Reviewing preparedness of the states/UT and central agencies, Cabinet Secretary Rajiv Gauba, stressed that preventive and precautionary measures should be taken by the authorities concerned of state/UT governments and the central agencies concerned. The aim should be...
Toyota Kirloskar recalls around 1K units of Urban Cruiser Hyryder
In a statement, the company said it has initiated a voluntary recall campaign for certain Urban Cruiser Hyryder units to investigate for a possible issue with front seat belt shoulder height adjuster plate assembly New Delhi: Toyota Kirloskar Motor on Tuesday said it...
South Korea’s only reinsurer announces to drop new coal, but with loopholes
Asia’s second-largest reinsurance company, Korean Re, will no longer be providing reinsurance 1 for new coal mining or power plant construction from next month. Over 60 percent of the global reinsurance market, including reinsurers such as Hannover Re and Swiss Re,...
Differences emerge between lenders, advisors over resolution plan options for RCL; lenders meet on Tue
Deloitte, the process advisor of Reliance Capital Ltd (RCL) Administrator Y Nageshwar Rao, is of the opinion that the value of the bids is almost 70 per cent below the liquidation value of Rs 13,000 crore, sources said. Mumbai: Differences have emerged between lenders...