``With improved risk-management practices, loss-control...
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Turning Around:National Insurance back in black, records Rs 30 crore net profit in Q3FY25
``This is the second consecutive quarter in this fiscal where we...
Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers...
Heat waves, floods and heavy rain: India battling climate change and it is getting worse, warn experts
The scientists said if the frequency of heat waves continues as is predicted, these will adversely impact food, water and energy security in the region New Delhi: The spectre of climate change is here to stay and even worsen, say climate scientists as searing winds...
Paytm drops plans to acquire Raheja QBE General, to file for a new general insurance license
Vijay Shekhar Sharma, founder and CEO, Paytm The company in the exchange filing said, ''Our associate company, Paytm Insuretech Private Limited, had entered into a share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Limited. As the share...
Airbnb’s move to offering meaningful customer service for guests
Beyond modifications to its user interface and nifty new bells and whistles, it’s also addressing one of the company’s greatest pain points: poor consumer protections for guests. The new policy will cover not just problems that arise after check-in, but incidents...
Assam floods: 3 dead, nearly 25,000 people in 94 villages affected
According to the flood reports of Assam State Disaster Management Authority (ASDMA), till May 14, a total of 24,681 people in 94 villages in six districts - Cachar, Dhemaji, Hojai, Karbi Anglong West, Nagaon and Kamrup (Metro) have been affected in the first spell of...
Govt to soon approve recast of Banks Board Bureau
The Delhi High Court(Delhi HC), while disposing one of the cases , has already disapproved BBB's power to select directors of public sector insurance companies while another case questioning the BBB's power to appoint CMDS of PSU general insurance companies will come...
More lives are lost in road accidents than in war: MoS Gen VK Singh
According to recent government data, total 3,66,138 road accidents occurred in India during 2020, causing 1,31,714 deaths New Delhi: India loses more people in road accidents than in a war, Union Minister General (retd) V K Singh said on Friday. Addressing an event...
Africa Specialty Risks Energy Portfolio’s capacity increased to $38 million
This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including upstream, downstream, power, utilities, and renewables So far, they have provided insurance cover in over 20 African...
Lloyd’s broker unveils product for crypto and digital asset businesses
The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of Superscript's digital asset insurance brokers Superscript will...
NDMA reviews preparations ahead of monsoon, plans NDRF deployment in flood-prone areas
Use of Damini App, Nowcast, as also various Google alerts for effective early warning dissemination was emphasised to achieve a target of zero mortality in the coming monsoon season, an official statement said New Delhi: The monsoon this year is likely to be normal...
NHA organises convention to discuss ways to further strengthen digital health ecosystem
NHA CEO R S Sharma said the core objective of Ayushman Bharat Digital Mission is to leverage technology to deliver health services to the remotest areas of the country New Delhi: Ways to further strengthen the country's digital health ecosystem were discussed at a...