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Helicopter crashes near Kedarnath shrine, all seven on board killed
Rudraprayag District Disaster Management Officer Nandan Singh...
Air India crash: IRDAI asks insurers not to demand FIR and post-mortem reports of victims for quick claims settlement
``Ensure that no claim is denied or delayed on account of...
Wage Revision: PSU general insurance unions defer their 2-day nationwide strike from July 27
It was informed that meeting of CMDs, DFS with finance minister scheduled for 22nd July could not take place as she is detected Covid positive. A final decision in the matter is expected during the meeting, to be convened after she assumes office,’’ said a...
Royal Sundaram inks Bancassurance tie-up with City Union Bank
Royal Sundaram General Insurance has entered into a bancassurance partnership with City Union Bank. This arrangement will enable the customers of the bank to have easy access to a comprehensive suite of best-in-class general insurance products from Royal Sundaram...
London as financial hub struggles to find its way in Brexit Britain
Sam Woods, chief executive of the Prudential Regulation Authority, faces calls from the insurance industry to support the relaxation of the Solvency II capital rules, which were written while part of the EU London: London is in danger of becoming a mere “regional...
Space sector startups seek clarity on financing, insurance in space policy
''To give more thrust to our space programme, we need to target much more lenient insurance policies where the government can come forward and help out in a bigger way than what is done in other countries,'' Pawan Kumar Chandana, CEO of Skyroot Aerospace, which is...
China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19
The measure in Shenzhen rekindles the possibility of Shanghai-style lockdowns that forced tens of thousands of workers into isolation. Apple supplier Quanta Computer Inc., chipmaker Semiconductor Manufacturing International Corp. and Tesla Inc. were among the...
Luton Airport runway meltdown shows airports vulnerable to climate change
Airports Council International (ACI), a group representing airports globally, said it will soon publish an airfield maintenance handbook for members with a section dedicated to pavement management “This includes lists of probable cause of pavement distresses, and some...
China says medical insurance fund in the black, responding to concerns
Healthcare affordability is a sensitive issue in China. Costs are often high, with hospitals setting elevated prices for some drugs, and medical supplies and doctors known to over-prescribe. The government has started to reform price mechanisms for some medical and...
Medical tourism sector getting back in health with higher inflow of patients than pre-Covid times
Cost-effectiveness and the presence of good hospitals in India make the country a preferred destination for many international patients, according to experts New Delhi: Thirty-year-old Iraqi national Mohsin Ali (name changed), a victim of war, is undergoing treatment...
Bajaj Allianz launches usage-based motor insurance add-on cover
Pay-as-you-consume add-on cover can be opted by the customer along with the basic OD (Own Damage) plan under Package Product, Bundled and Standalone OD cover, the company said Pune: Private sector Bajaj Allianz General Insurance launched its add-on motor insurance...
UN health agency declares monkeypox a global emergency
"In short, we have an outbreak that has spread around the world rapidly through new modes of transmission about which we understand too little and which meets the criteria in the international health regulations," WHO Director-General Tedros Adhanom Ghebreyesus said...