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US delegation explores India’s expanding nuclear sector
The SHANTI Act replaced the Atomic Energy Act of 1964 and the Civil...
SBI must pay Rs 5 lakh to woman despite 6-yr delay in claim: Nagpur consumer panel
The bank was also ordered to pay Rs 10,000 for mental agony and...
India braces for unusually hot March; wheat, rapeseed crops at risk
"Maximum and minimum temperatures in northern and north-western states are likely to be significantly above average in March," said a senior official at the India Meteorological Department (IMD) MUMBAI: India is likely to record one of its warmest Marches on record,...
Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
"The high cost of acquisition and high expenses of management (EoM) need immediate focus from all players. That is critical to improve profitability and deliver affordability and value to customers," Insurance Regulatory and Development Authority of India (IRDAI)...
Ecuador contracts first parametric insurance for 10k climate-vulnerable farmers, with Germany, UNDP, ISF and IDF support
The two parametric products — for extreme rainfall and drought-risk — were designed by IDF member insurance organizations AXA Climate, Guy Carpenter México Intermediario de Reaseguro S.A de C.V and Blue Marble, in partnership with the MAGP and with local insurer...
FSIB selects Hitesh Joshi as new CMD of GIC Re
Hitesh Joshi,executive director & acting CMD, GIC Re ``Keeping in view of performance of five eligible candidtes in the interface, their overall experience and extant parameters, Joshi has been recommended as the CMD of GIC Re,'' said the FSIB on Tuesday Joshi,...
AIA Australia deploys SCOR’s VClaims
Tracey Crowe, General Manager for Claims and Underwriting at AIA Australia, commented,“We are always looking for opportunities to deliver simpler, faster and more connected experiences and services to the members of our fund partners. There is no question that the...
TATA AIG launches Personal Accident policy
TATA AIG General Insurance today announced the launch of Accident Super Guard Plus, a flexible personal accident insurance solution designed to provide comprehensive financial protection against unforeseen events.The policy is available for individuals and families,...
Issue of shortage of actuaries in industry needs to be addressed urgently:IRDAI Chairman
``The United States has more than 40 fellow actuaries per million people and the United Kingdom more than 250, while India has fewer than one per million. Compounding this, IAI's(Institute of Actuaries) total membership has fallen from around 12,000 in 2011 to...
Air ambulance with 7 onboard to Delhi from Ranchi crashes
The DGCA in a statement said, "On 23.02.2026 Redbird Airways Pvt Ltd Beechcraft C90 aircraft VT-AJV operating medical evacuation (Air Ambulance) flight on sector Ranchi-Delhi crashed in Kasaria Panchayat of Chatra district, in Jharkhand." RANCHI: An air ambulance with...
UIB partners with CyberCube to accelerate its growth across LATAM and Asia
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is evolving at pace, and clients increasingly expect brokers to provide clear, quantitative insights. With CyberCube’s platform, we can enhance the sophistication of our analytics, improve the clarity of...
Various Govt social security schemes enhance confidence among citizens, says PM Modi
``India is going through a period of rapid economic growth and expansion of social security architecture. As India advances towards the vision of Vikasit Bharat 2047, it is important that our efforts remain aligned to widen and reinforce the safety nets available to...