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APR1 Renewals: Reinsuers fight hard to survive soft Indian market
Reinsurers have been surprised with the price drop on risk which...
War risks insurers win bid to appeal UK ruling on jets lost in Russia
London’s High Court ruled in June that AerCap can recover just over...
Jan 1 Renewals: Asia Pacific rate reductions approaching 20% for non-loss impacted accounts, says Aon
Alfonso Valera, International CEO for Reinsurance Solutions at Aon, said: “Buyers returning to the market will find a wide range of complementary reinsurance and capital products. Frequency covers and earnings protection are increasingly available. We are seeing...
Indian Healthcare-2025:Robust growth in AB-PMJAY and digital delivery, AI next frontier
The health ministry's initiative, launch in October last year, to expand the scope of the scheme by providing free treatment benefits of up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of their socio-economic status, through...
Indian Insurance Broking Industry-2026:Future trends and challenges
The old ways of doing business are no longer enough. Brokers are dealing with tighter regulation, rising costs, higher client expectations, and a risk landscape that keeps getting more complex. These pressures are forcing a rethink, not just of tools and processes,...
Country’s 70% provided with free medical treatment up to Rs 15 lakh: Amit Shah
Amit Shah, Home Minister Amit Shah, Home Minister, said the Indian Medical Association's focus must shift from illness to wellness as the core concept. Along with medicines, greater emphasis should be placed on providing advice and guidance for a healthy lifestyle....
Civil aviation ministry’s 24×7 control room seeks to address passengers’ issues promptly
The complaints vary from flight cancellations to lost baggage to even meal not being served onboard. New Delhi: To address air travellers' grievances more promptly, the civil aviation ministry has set up the Passenger Assistance Control Room (PACR) that functions...
Govt notifies guidelines of 2 shipbuilding initiatives with Rs 44 700 cr outlay
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...
Whole-time directors’ vigilance matters of PSU banks, insurers to be reported promptly:FinMin
The directive from the Department of Financial Services (DFS) under the ministry follows several instances where adverse information about board-level appointees was not promptly reported.Without citing any specific case, the advisory issued earlier this month, said,...
Indian aviation-2026: Awaits smoother skies & AI171 crash report
As the New Year dawns, aviation stakeholders as well as the common people will be looking for the much-awaited probe report into the AI171 plane crash on June 12, 2025 apart from more safe helicopter operations, especially in the Kedarnath valley, and less steep...
Reliance General Insurance fined Rs 1 cr by IRDAI
The IRDA order clafrified that the submission of the insurer failed to adequately demonstrate and provide evidences regarding the authenticity and legitimacy of the payments made to the Glitterbug Technologies, an individual agent, Suvidhaa Infoserve and Aditya Birla...
Delhi tribunal awards Rs 1.26 crore compensation to family of man killed in 2023 road accident
The tribunal relied on CCTV footage, which showed that the bus had changed lanes suddenly, contradicting the driver’s claim that the deceased was trying to overtake the vehicle. New Delhi:A Delhi Motor Accident Claims Tribunal has awarded Rs 1.26 crore compensation to...