According to the State of Ransomware in India 2025 report, the...
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SBI General announces awareness campaign for Kharif 2025
SBI General Insurance has launched its ‘Crop Insurance Week’...
Govt modernising weather forecasting system to boost real-time prediction, says Jitendra Singh
Jitendra Singh,Union Minister In charge Meteorology Department...
Sebi puts Prem Watsa backed Go Digit’s IPO in ‘abeyance’
Without disclosing the reason, Sebi said "issuance of observations (has been) kept in abeyance" with regard to the IPO of Go Digit, an update on the regulator's website showed on Monday. The information was updated on September 16 The issuance of observations by Sebi...
GIC Re is 3rd largest Asian reinsurer in S&P’s 2022 global chart
Globally, GIC Re, which is pruning its premium base by shedding its loss making business to be profitable, is the 14th largest international reinsurer in 2022. It was the 11th largest global reinsurer in 2021 ``We would prefer to be one of the largest profitable...
IRDAI looks for M&A consultants, Insurance industry to see M&A deals and new entrants
''The sector, like others, has witnessed some merger and acquisitions in the past and will continue to witness them and newer opportunities will emerge in the future. Players with sound underwriting practices, strong financials and right management practices will...
Super typhoon Nanmadol bears down on Japan’s Kyushu island
Railway operators and airlines have cancelled services and convenience store chain Seven-Eleven Japan temporarily shut around 950 stores. Toyota Motor Corp said it will idle production at three factories on Monday Typhoon Nanmadol bore down on Japan's southernmost...
AM Best affirms credit ratings of New India Assurance
AM Best views New India’s business profile as favourable given its market-leading position as the largest non-life insurer in India by gross premium written overall, as well as in major business lines, including health, marine, and fire The company’s underwriting...
Post-pandemic, 30% more cancer patients treated at Mumbai’s TMC
“We are treating 30 per cent more patients. This means that 30 per cent of patients were not treated during the pandemic and they are now coming back. Some of them are not greatly advanced, but some of them are,” said TMC Director Dr Rajendra Badwe Mumbai:...
Comprehensive action plan formulated under national logistics policy
High logistics cost in India impacts both external and internal trade. The cost in India is estimated at 13-14 per cent of the gross domestic product against 9-10 per cent in the US and Europe and 11 per cent in Japan It also involves 200 shipping agencies, 36...
On World Patient Safety Day, WHO stresses on ending unsafe medication practices, errors
In low- and middle-income countries – including in the WHO South-East Asia Region – patient harm due to unsafe care contributes to an estimated 134 million adverse events annually resulting in around 2.6 million deaths, WHO Regional Director for South-East Asia Dr...
Global insurance sector outlooks at risk from inflation, rising rates:Fitch
Non-life insurance sectors would typically be most exposed under the scenario, particularly those with a high proportion of long-tail business where higher-than-anticipated claims inflation could lead to reserve deficiencies London: Insurance sector outlooks in...
‘Clairvoyant’ 2012 climate report warned of extreme weather
In a report that changed the way the world thinks about the harms of global warming, the Intergovernmental Panel on Climate Change’s special report on extreme events, disasters and climate change warned in 2012: “A changing climate leads to changes in the frequency,...