The findings come as the industry grapples with an intensifying...
Category:
Non-Life
Latest
Expanding Indian EV Market: Securing Battery Insurance
Battery, making up about 60% of an EV’s total cost often doesn’t...
Risk-Based Capital: Rewarding Indian insurers
The adoption of Risk-Based Capital (RBC) rules by the Indian...
Health Ministry not to procure fresh Covid vaccines; surrenders Rs 4,237 crore from vaccination budget
Since the Covid cases have been low, a sense of complacency has grown among people and there has not been much demand of vaccines even though the government conducted a 75-day drive -- 'Covid Vaccination Amrit Mahotsava' -- to administer booster doses to all adults...
PM to kickstart distribution of PMJAY-MA Yojana Ayushman cards in Gujarat
Prime Minister will kickstart the distribution of these cards, after which printed 50 lakh coloured Ayushman cards will be distributed to all the beneficiaries across Gujarat, at their doorstep, by National Health Authority empanelled agencies after doing e-KYC of...
Drones-manufacturer Garuda Aerospace signs MOU with NDRF
Garuda Aerospace, in a statement here, said the company has become the first start-up to be enlisted as a 'drone-as-a-service' partner for the NDRF Chennai-based drone-maker would deploy the quadcopter named 'Droni' for surveillance, monitoring movements and...
AM Best downgrades Peak Re’s outlooks to negative from stable
The negative outlooks reflect AM Best’s expectation that macroeconomic headwinds and current unfavourable capital and investment market conditions may exacerbate financial stress on Fosun over the short to intermediate term HONG KONG: AM Best has revised the outlooks...
Wage Revision: Govt notifies 12 % hike for PSU GI Industry, makes `Performance’ mandatory for next round
There will be a total outgo of Rs 8146 crore from all four companies for meeting wage revision expenses The unions have criticized the government for mentioning ``conditional future performance linked pay revision’’ and threatened agitational path in case of...
Cyber attack hits IT systems of Tata Power
Tata Power Company Limited had a cyber attack on its IT infrastructure impacting some of its IT systems, a BSE filing said Mumbai: Tata Power on Friday said that a cyber attack has hit its Information Technology (IT) infrastructure and affected its systems. Tata Power...
Fine particle pollution linked mortality in India may be lower than thought: Study
'Measuring the health effects of air pollution is complicated,' said study lead author Professor Patrick Brown, from the University of Toronto in Canada Exposure to high levels of fine air pollution particles (PM2.5) in India may have a smaller impact on mortality...
Miller appoints Matthew Hooker as regional Head of Energy for Asia-Pacific
Matt’s appointment forms part of Miller’s wider growth strategy in the region and follows recent senior hires to the Singapore team, including Ron Whyte as Head of Strategic Development and Nick King as Head of Marine London: Miller, the leading independent specialist...
10-yr old PEs with $100 million investible funds allowed to promote Indian re/insurance companies: IRDAI
The new regulations are proposing major changes in Indian insurers' fit and proper criteria, allowable limits of investment, lock-in period on investment, process of registration and criteria for investment by Private Equity Funds The minimum shareholding of...
IRDAI extends ‘Use and File’ procedure to `miscellaneous products’ with SA up to Rs 5 crores
Earlier, though the products with a sum assured above Rs 5 crore could be launched without prior approval of IRDAI, the products with sum assured up to Rs 5 crore still required the regulatory clearance before getting launched in the market Hyderabad: The IRDAI in its...