"For the first time, we're designating a flag registry and the...
Category:
Non-Life
Latest
Global Cat insured losses at least $100 billion for 1H 2025: Aon
According to preliminary estimates, 1H economic losses in the U.S....
Insurance industry seeks clarity on Irdai’s initial approval of West Bridge’s KIWI General Insurance
Industry expert said that with WestBridge Capital's controlling...
Suspension bridge collapses in Gujarat’s Morbi killing at least 60
Eyewitnesses said that there were several women, children and others on the hanging bridge when it snapped, plunging them into the water below Due to the Diwali vacation and being a Sunday, there was a rush of tourists on the bridge, a major tourist attraction Morbi:...
AIIMS Delhi to create database, mechanism for cross-referrals with other govt hospitals
AIIMS Director M Srinivas launched the 'AIIMS Main Hospital Casualty Dashboard' and also held a meeting with medical superintendents of government hospitals where he emphasized on the need for real-time emergency bed availability of all the hospitals, integrated...
Govt clears 10 GMDs for 4 PSU general insurers
After a gap of almost one year, the government on Saturday has cleared the appointments of 10 general manager and directors(GMDs) in the four PSU general insurance companies. Earlier, the government head hunting agency FSIB had selected lnderjeet Singh, Madhulika...
Maruti Suzuki recalls 9,925 Unit 3 models to rectify possible defect in brake assembly
Affected vehicles are manufactured between 3 August and 1 September 2022.It is suspected that there is a potential defect in the rear brake assembly pin (part), which in a certain case may break and produce a peculiar noise. There may be a potential for impact on...
Suitors raises concerns over bidding process as Reliance Capital resolution enters final stage
Foreign bidders have expressed apprehension regarding the rules governing the cap on foreign holding and lock in period in an Indian Insurance entity As per the government guidelines, foreign players cannot hold more than 74 per cent in the Indian insurance venture....
Key management personnel of Indian auto firms have poor understanding of compliance obligations: Report
"…it was discovered that the KMPs (key management personnel) in Indian automobile companies have a poor understanding of compliance obligations in over 80 per cent of the instances," the report said, citing a survey conducted by TeamLease Regtech. As a result, it...
Bima Sugam to be game changer for insurance sector: IRDAI Chief
"So it's like a shopping mall. So you go and shop there. And as far as the KYC is concerned, the moment you enter the portal, type your Aadhaar number, the data will auto populate. The KYC will be done through your Aadhaar number which will be masked for security...
At least 151dead in Seoul Halloween stampede
Rescue workers, firefighters and police officers are seen on the street near the scene in Seoul, South Korea It was also Asia's second major crushing disaster in a month. On Oct. 1, police in Indonesia fired tear gas at a soccer match, causing a crush that killed 132...
Russia halts UN brokered Ukraine Black Sea grain exports
The U.N. chief said the grain deal brokered by the United Nations and Turkey in July helps "to cushion the suffering that this global cost-of-living crisis is inflicting on billions of people, his spokesman said Kyiv: Russia announced Saturday that it will immediately...
Jharkhand’s 226 of 260 blocks drought-hit; advance relief of Rs 3,500 paid to each affected farmer
“The state government will provide an advance relief of Rs 3,500 to every affected farmer family in the blocks. The initiative will cost about Rs 1,200 crore to the state exchequer,” Jharkand's Chief Minister Hemant Soren tweeted “The disaster management department...