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Over 4.3 lakh crop insurance applications rejected in Maharashtra due to discrepancies: Minister
As many as 4,30,443 crop insurance applications under the PMFBY...
IRDAI board to meet on Wednesday
Among other issues, the meeting, the last one under chairmanship of...
Populous Chinese province kicks off disaster insurance trials
The cities are encouraged to boost insurance coverage as much as their financial resources allow, the Henan government said China’s third-most populous province Henan will launch pilot programs for catastrophe insurance in six cities that were the hardest hit by...
Acrisure Re partners with Mahindra Insurance Brokers in preferred broker agreement
Matthew Harvey, head of broking at Acrisure Re fac, said: “India is an important and growing market with significant demand for facultative solutions. This agreement is further evidence of our commitment to expanding our footprint and capabilities partnering with a...
Cyber pirates can now penetrate modern ships’ key operations
Hapag-Lloyd AG, Germany’s largest shipping line, announced in April that it’ll become the first carrier to equip its entire fleet of containers with real-time tracking devices. Most of the large container lines use remote sensors for functions like monitoring engine...
ONGC chopper falls into sea 6 out of 9 rescued so far
The chopper was attempting to land at the rig, located some 50 nautical miles from the Mumbai coast, when the incident took place. About 1.5 km from the landing zone on the rig, the chopper fell into the sea, the official said. The circumstances that led to the...
UK aims for quick reform of complex insurer solvency rules, says Sunak
Rishi Sunak, finance minister,UK Britain inherited Solvency II rules from the European Union, and reforming them is seen by the 2.2 trillion pound ($2.70 trillion) insurance industry and government as important for keeping the country's financial sector globally...
At flooded cancer hospital in northeast India, chemotherapy given on the road outside
Located in the Barak valley in Assam state, the 150-bed Cachar Cancer Hospital and Research Centre has been inundated by for days, and the situation has become so dire that its administrators have requested life-jackets and an inflatable raft to transport patients and...
NITI pegs India’s gig workforce at 2.35 cr by FY30; pitches for social security measures
According to the report, it is estimated that in 2020-21, 77 lakh workers were engaged in the gig economy and they constituted 2.6 percent of the nonagricultural workforce or 1.5 percent of the total workforce in India New Delhi: India's gig workforce is expected to...
ICICI Lombard to settle MSMEs claims of up to Rs 5 lakh within 10 days
The claims settlement process is a first-of-its-kind service to enable faster claim settlement for MSMEs and startups, ICICI Lombard said in a release Mumbai: ICICI Lombard General Insurance Company on Monday said it will settle the MSME clients' admissible claims of...
Covid patients at higher risk of serious neurodegenerative disorders: Study
''More than two years after the onset of the COVID-19 pandemic, the precise nature and evolution of the effects of COVID-19 on neurological disorders remained uncharacterized,'' Pardis Zarifkar, lead author from the Department of Neurology, Rigshospitalet, Denmark,...
WTW appoints Lee Garvey as Regional Head of Financial Solutions in Asia Pacific
Commenting on Lee’s appointment, Stuart Ashworth, Head of International, Financial Sol said, “During this period of geopolitical upheaval, we believe our clients need our services more than ever. We have ambitious plans for Asia Pacific and this appointment reflects...