Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The...
Category:
Non-Life
Latest
Electric vehicle registrations rise 17 pc in FY25: SIAM
Total electric vehicle (EV) registrations in the country reached...
Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re
The Ministry of Finance has prohibited three PSU general insurers-...
ECB climate stress test flags $71 billion risk to euro zone banks
“Euro area banks must urgently step up efforts to measure and manage climate risk, closing the current data gaps and adopting good practices that are already present in the sector,” said the ECB’s chief supervisor, Andrea Enria A sudden jump in carbon prices coupled...
Australian flood: Insurers receive 8,415 claims for almost $100 million
There are 84 per cent property, 14 per cent motor and two per cent commercial claims Sydney: The Australian insurers have received 8,415 claims with an estimated insurance loss of $97.9 million, said the Insurance Council of Australia (ICA) which earlier this week...
Assam floods damaged 30,000 to 40,000 houses, says CM Himanta
Later, talking to journalists, Sarma said since Assam's flood has been labelled ''severe'' by a central team, which made an assessment of the flood situation, he sought an advance fund from the NDRF to enable the state to help the people whose houses were damaged by...
Insurance agents association urge IRDAI not to display commission on policies
The policyholders will bargain hard with agents to part with their due earnings without considering any kind of administration, technology development and other recurring and daily growing expenses including the sky-high rentals and salaries which would soon and...
Heat stress rising in India, heat waves second biggest killer among natural forces
Data from the National Crime Records Bureau (NCRB) that also captures accidental deaths including those from climatic stress, shows that between 2015 and 2020, 2,137 people had reportedly died due to heat stroke in the states in the northwest. But the southern...
Wage Revision: PSU general insurance employees unions call for strike on July 11
The Joint Forum of unions and associations of employees and officers in public sector general insurance companies have called the one-day strike for their demands including wage revision pending from August 1, 2017, increase in NPS contribution by 14 percent,...
Markel International expands renewable energy team with 2 key offshore wind appointments
These appointments are the latest in the build-out of a highly skilled and reputable team, equipped to provide a market-leading offering to its clients in the global renewable energy market London: Markel International, a subsidiary of Markel Corporation, has...
Miller acquires of Japanese broker Lead Insurance Services
Founded in 1994, Lead specializes in Hull, War Risks and Protection & Indemnity insurance, offering a highly complementary service to Miller’s current marine capabilities. Lead has a strong client base and has been working alongside Miller for a quarter of a...
AICL partners with Wingsure to provide curated insurance products and digital management services to farmers
Malay Poddar, CMD, AICIL, said, "We firmly believe that technology implementation is key to providing insurance and thereby protecting the underserved. Through our association, we will utilise the Wingsure technology platform to support our vision of how farmers can...
8 mid-air incidents in 18 days: DGCA issues show-cause notice to SpiceJet
As a DGCA review of the incidents showed that ''poor'' internal safety oversight and ''inadequate'' maintenance actions have resulted in ''degradation'' of the safety margins of SpiceJet, the airline's chief Ajay Singh asserted it will be ''doubly careful'' and...