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Germany’s Munich Re to buy $2.6 billion Next Insurance
Ergo, the primary insurance business of reinsurer Munich Re, will...
Universal Sompo launches vision insurance plan
Universal Sompo General Insurance on Thursday launched a vision...
Travelers reporting stranded luggage this summer jumped 30%: Mapfre
More bags are going missing as short-staffed airports and airlines struggle to keep up with luggage handling alongside surging travel demand.Most stranded luggage ends up resurfacing, thus not triggering reimbursement, the insurer said The number of travelers...
Govt shortlists 7 GMs for selecting CMDs of New India and AIC
The general managers who have been shortlisted are- M Rajeswari Singh, Agriculture Insurance Company(AIC), BS Rahul,(AIC),N Ramaswamy, presently heading GIC Re’s London branch, Neerja Kapur, NIA, Girija Subramanian, GIC Re, Rashmi Bajpai, Oriental Insurance...
About 13 lakh electric vehicles registered in country: Gadkari
Union Minister Nitin Gadkari Union Minister Nitin Gadkari said, according to the World Road Statistics (WRS) of the International Road Federation, Geneva, India recorded 1.5 lakh road accident fatalities in 2020, which was 26.37 percent of total road accidents...
Climate crisis increases the severity of drought in Delhi and London
Christian Aid has warned that without action to cut emissions and better management of freshwater resources, the toll will be felt acutely by the poor. The 10 cities featured in the report, are Sydney, Harare, Sao Paulo, Phoenix, Beijing, Kabul, New Delhi, Cape Town,...
Britain swelters on its hottest day ever as temperatures hit 40C
Stephen Belcher at the Met Office said he had not expected to see such temperatures in Britain in his career "Research conducted here at the Met Office has demonstrated that it's virtually impossible for the UK to experience 40C in an undisrupted climate but climate...
India witnessed 36.29 lakh cyber security incidents since 2019 till Jun this year: Govt
The government is operating an automated cyber threat exchange platform for proactively collecting, analyzing, and sharing tailored alerts with organizations across sectors for proactive threat mitigation actions by them, Union minister Ajay Kumar Mishra said New...
Jan Aushadhi Kendras helped citizens save Rs 5,300 cr in FY22: Govt
As of June 30, 2022, about 8,742 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) have been opened across the country under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) New Delhi: Sales of Jan Aushadhi Kendras stood at Rs 893.56 crore in the last...
ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023
It had a combined ratio of 104.1 per cent in Q1 FY2023 as against 123.5 per cent in Q1 FY2022 Its underwriting losses have fallen by almost 70 percent y-o-y to Rs 193 crore during the period Mumbai: With a major drop in its underwriting losses, ICICI Lombard General...
Record 40°C UK temperatures linked to climate change: WMO
The heatwave is also acting as a lid, trapping atmospheric pollutants, including particulate matter, resulting in a degradation of air quality and adverse health effects, particularly to vulnerable people, explained Lorenzo Labrador, Scientific Officer at WMO’s Global...
Rising seas are the next crisis for the world’s ports
In the coming years, sea level rise, more intense storm surge and jack-up tropical storms will visit many of the world’s nearly 3,800 ports. Most of those ports are coastal; About a third are located in tropical bands vulnerable to the most powerful effects of climate...