Girija Subramanian, CMD, New India Assurance Recovering from a slow...
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Agri Minister takes stock of crop losses from hailstorm, heavy rainfall as fresh western disturbance looms
Shivraj Singh Chouhan,Union Agriculture Minister The Agriculture...
Mayabunder Pawan Hans helicopter crash: AAIB finds emergency flotation system not activated during approach
A Pawan Hans helicopter crashed into the sea after taking off from...
Delhi tribunal awards over Rs. 1.62 crore to 21-year-old man injured in road accident
The tribunal awarded him a compensation of over Rs. 1.62 crore under various heads, including Rs. 59.36 lakh for loss of future earnings.Since the vehicle was insured at the time of the accident, the tribunal directed the insurer, The New India Co. Ltd., to deposit...
Surging oil tanker insurance points to growing Black Sea chaos
Underwriters are now charging about 1% of the value of a ship for calls at any port in the region, according to people involved in the market. That’s up from about 0.7% at the end of last month. The cost of insuring ships sailing through the Black Sea is surging...
AM Best maintains stable outlook on India’s non-life insurance segment
“India’s long-term economic outlook remains favourable for non-life insurance growth despite the near-term moderation,” said Chris Lim, associate director, analytics, AM Best. Singapore: International rating agency AM Best has maintained its outlook on India’s...
Anuj Tyagi quits as MD&CEO of HDFC ERGO General Insurance
Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance The board of the company has already initiated a structured sucession process to ensure continuity and stability. Tyagi will work with the team till mid April to ensure a smooth transition in keeping with the...
Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026's fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the...
Allianz Jio Reinsurance applies for a license from IRDAI, starts leadership hiring
``We are witnessing a secular trend in business momentum across all our operating verticals, which has now gained significant velocity.As we continue to build depth, capability and market presence, we are well-positioned to shape the next phase of financial services...
Over 3.3 lakh deaths in 2-wheeler accidents from 2019-23, govt working to make roads safer:Gadkari
"The government is working to make roads safer for two-wheelers. It has made the anti-lock braking system (ABS) mandatory for all two-wheelers, including less than 125 cc, manufactured after January 1, 2026," said Union Road Transport and Highways Minister Nitin...
Alliance Insurance Brokers appoints Aatur Thakkar as CEO and Principal Officer”
Mumbai based Alliance Insurance Brokers has appointed Aatur Thakkar as its CEO and Principal Officer, succeeding founder Shashikant Thakkar, who will continue in a strategic advisory role. Under Aatur’s leadership, the company aims to scale premiums under management...
Composite salary account package for Central govt employees to be unveiled on Wed
The initiative offers Central Government employees a unified account combining banking and insurance benefits, designed with banks to ensure broad coverage, consistency, and convenience for all cadres (Groups A, B, and C) New Delhi: The Centre said on Tuesday that the...
Black Sea war insurance rates jump after tanker attacks, sources say
``Black Sea war rates were extremely volatile and were changing on a daily basis.Right now, they are spiking due to a number of incidents, and we wouldn’t be surprised to be quoted in excess of 1%, dependent on the vessel’s value, ownership or proposed port of call,,...