``The OIC board has approved the decision and we have written to...
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Building Climate Resilience: Strategies for Indian insurance industry
Climate change is a systemic risk that demands a systemic response....
Nearly 6.6 lakh new PM Jan Dhan Yojana accounts opened in 1 month
A staggering 55.44 crore Jan Dhan accounts have been opened in...
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...
WTW appoints William Miller as Head of Crisis Management for APAC
Luke Ware, Head of Corporate Risk & Broking Asia, WTW said: “As geopolitical tensions rise, individuals and businesses are exposed to a wider range of security risks which is why we have expanded our offering to include domains such as Special Crime and high-risk...
Majority of EV owners have safety concerns and want customised solutions: ACKO survey
With the growing popularity of EVs, the demand for customized insurance products has also gathered steam. 79% of respondents said they want a customized insurance solution for their EVs and 67% are ready to pay a premium for that. However, 53% said that there is a...
Indian Aviation safety rankings jumped to 48th rank in International Civil Aviation Organization’s report
Arun Kumar, Director General of DGCA said that it is a great achievement in terms of ranking as they have jumped from the 102nd rank four years ago to the 48th spot this year New Delhi:India has been ranked among the top 50 countries of the world in terms of...
PMFBY committed to providing comprehensive insurance coverage against crop loss: Govt
The acceptability of the scheme has increased amongst the farmers in the last 6 years, with share of non-loanee farmers, marginalized farmers, and small farmers increasing by 282% since the initiation of the scheme in 2016 Union Ministry of Agriculture and Farmers...
FACTBOX-How many people might die, and why, if China loosens COVID restrictions
China could see 1.3 million to 2.1 million people die if it lifts its zero-COVID policy due to low vaccination and booster rates as well as a lack of hybrid immunity, British scientific information and analytics company Airfinity said on Monday. The company said it...
Many persons with disabilities face premature death due to health inequities
“It's a significant reason for these early deaths because of poor quality health services. There's also a higher incidence of diseases such as tuberculosis, diabetes, stroke, sexually transmitted infections, and cardiovascular problems among persons with disabilities,...