"While the situation is rapidly evolving, our initial estimates...
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Protection Gaps: Globally insurance business expected to worsen through 2030
Costs from global ransomware damage are expected to climb to more...
Firm issued fake insurance for Russian oil tankers, Norway’s regulator says
Such vessels are not regulated or covered by conventional Western...
Cryptocurrencies: Cybercriminals cause security risks
According to a new book by Geoff White, “The Lazarus Heist,” the North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date. Crypto investors should expect the gang...
Calif. top court to consider employer liability for COVID infections
It was the first ruling of its kind. Business groups have said allowing employers to be held liable for so-called "take-home" COVID infections will prompt lawsuits not only by workers' family and friends but by anyone infected by that circle of people. Companies...
Wage Revision: PSU general insurance Confederation seeks Sitharaman’s intervention for pay parity with LIC
Nirmala Sitharaman,union finance minister In a letter to finance minister Nirmala Sitharaman, National Confederation of General Insurance Officers’ Association has said the initial offer from GIPSA is disturbing and demoralizing to the workforce ‘’It is matter of...
Indian automobiles to be accorded Star Ratings based on their performance in Crash Tests: Gadkari
Nitin Gadkari,Union Minister for Road Transport and Highways In a series of tweets, Union Minister for Road Transport and Highways Nitin Gadkari said Bharat-NCAP will serve as a consumer-centric platform allowing customers to opt for safer cars based upon their...
Ascending Aviation Insurance
Though the uninterrupted historical downward trend in air travel accidents,is likely to continue and so reduce the frequency of claims for insurers, claims severity has gone in the opposite direction, as aircraft become increasingly valuable due to growing complexity...
Tata Nexon EV Fire: Govt orders probe into the incident
The DRDO probe had found serious defects in the batteries. These defects occurred because the electric two-wheeler manufacturers like Okinawa Autotech, Pure EV, Jitendra Electric Vehicles, Ola Electric and Boom Motors may have used "lower-grade materials to cut...
Traders will incur loses due to Delhi govt’s move to ban goods vehicles from Nov-Feb: Transporters
The Delhi government has issued an order banning the entry of medium and heavy goods vehicles in the capital from November to February to curb vehicular pollution The move to ban the entry of medium and heavy goods vehicles in the capital from November to February...
“Mahindra Insurance Brokers- BigHaat” alliance to offer health and motor covers to farmers
Mumbai: Mahindra Insurance Brokers Limited (MIBL) in a partnership with BigHaat, India’s leading Agri Digital Platform, will offer financial solutions to the informal Agri segment of India’s workforce.. Mahindra Insurance Brokers will offer health and motor insurance...
SBI Gen-MSRLM partnership to boost insurance penetration in rural Maharashtra
Mumbai: SBI General Insurance has signed a Memorandum of Understanding (MoU) with Maharashtra State Rural Livelihood Mission (MSRLM), Government of Maharashtra, with the aim to enhance the penetration of non-life insurance in the state's rural population by...
German Insurtech Wefox seeks funding at over $5 billion value
Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...