The vessel has protection and indemnity (P&I) insurance cover...
Category:
Non-Life
Latest
Insurers increasingly tap AI to tackle surging Cat losses
Risk experts are increasingly using AI to crack an especially...
Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance
"In addition…, all regulated entities are required to establish a...
Malaysia to offer crop insurance to push food security Push
The Agro-Food Takaful Insurance Scheme will be launched through the Ministry of Agriculture and Food Industries and will initially be offered to the nation’s 189,500 rice farmers, Prime Minister Ismail Sabri Yaakob said. The insurance cover will be expanded in stages...
General insurers start chasing IRDAI’s premium targets
General insurers posted a 20.82 percent growth in premium collection at Rs. 77,884 crore during the four-month period-till July- as against a 23 percent growth at Rs. 54,492 crore in the three-month period ended June 2022. After de growing in June, state owned...
Drought Risk: Soren seeks special package for J’khand, Bihar MP asks Centre to declare state drought-hit
Hemant Soren,Chief Minister,Jharkhand "This year, the state so far registered 50% deficit rainfall, with less than 20 per cent of the paddy sowing target achieved. Jharkhand is inching towards drought. I urge the Centre to approve a special package for Jharkhand in a...
Irdai to revamp grievance redressal mechanism, to rename it ‘Bima Bharosa’
The robust and effective mechanism would allow easy on-boarding of the complainant and s/he has to fill only eight mandatory fields to lodge the grievance. The landing page is simple with a clean design. It focusses on two actions -- namely 'register a new complaint'...
Revamped plan to check air pollution in Delhi-NCR to come into force from October 1
If the situation turns ''severe'' (Stage III), authorities will have to enforce a ban on construction and demolition activities in NCR, except on essential projects (like railways, metros, airports, ISBTs, national security/defense-related projects of national...
Giraffes, parrots, and oak trees, among many species facing extinction
“Sustainable use is when biodiversity and ecosystem functioning are maintained while contributing to human well-being. By continuing to use these resources unsustainably, we are not just risking the loss and damage of these species’ populations; we are affecting our...
Yamuna pollution: NGT imposes cost of Rs 100 cr on Noida authority, Rs 50 cr on DJB
''Pending consideration of action against other authorities and final accountability of NOIDA Authority and DJB, they are directed to deposit respectively a sum of Rs 100 crore and Rs 50 crore in a separate account with CPCB towards interim compensation to be utilized...
Take prompt action to prevent disasters during monsoons: Kerala HC to state govt
The high court said, ''Torrential rains in the state of Kerala cause disaster in many places due to landslides, denudation of water etc. There are damages to the property of people residing in poramboke lands, colonies, hillslopes, isolated locations, plantation...
‘Heal in India’: Govt plans interpreters, special desks at 10 airports for ease of overseas patients
The government has identified 44 countries from where a large number of people visit India for medical purposes, official sources told PTI, adding the cost and quality of treatment in these nations were also taken into account These are predominantly African, Latin...
Russia finds a new route to oil market via a tiny Egyptian port
The unusual move makes the cargo’s ultimate destination harder to track, adding to a trend of Russian oil shipments becoming increasingly obscured since European buyers began to shun them following the nation’s invasion of Ukraine Russia appears to have found a new...