Union Health Minister J P Nadda The eSanjeevani platform has been...
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Oil executives call for cautious return to Red Sea navigation
“Everyone is watching each other to see who goes first,” Barbara...
China allows insurers to invest in gold for first time
The shift in policy in China could be a signal that authorities...
EU drops plan to stop tankers moving Russian oil anywhere, to disallow insurance of shipments
But current proposals will nevertheless make life considerably harder for Moscow, assuming they are adopted. The ban on providing insurance would span the vast majority of the global fleet of oil tankers seeking to transport Russian barrels Tanker companies insure...
NSE Academy ties up with RIMS for risk management education
In addition to the certification opportunities, NAL and RIMS will jointly deliver ‘Introduction to Cyber Risk and Data Security’ and ‘Risk Management Techniques’ self-learning online courses. NAL and RIMS also plan to deliver a series of Masterclasses (focused topical...
Visakhapatnam port suspends operations due to cyclonic storm Asani
Cyclone Asani, which formed over the southeast Bay of Bengal, intensified into a severe cyclonic storm on Sunday, as it moved towards the southern state of Andhra Pradesh and the eastern state of Odisha. NEW DELHI: India's Visakhapatnam port will suspend operations...
Jan Suraksha schemes bring insurance, pension within reach of common man: FM
Finance Minister Nirmala Sitharaman Under PMJJBY, a cumulative number of 12.76 crore persons have enrolled since inception for life cover, and families of 5,76,121 persons have received claims for Rs 11,522 crore under the scheme. The scheme has proved extremely...
UAE to introduce unemployment insurance in latest economic reforms
Insured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohammed bin Rashid al-Maktoum, who is also the ruler of Dubai, said on Twitter, citing a cabinet decision Dubai: The United Arab...
IBA and 2 Insurance Councils want an IT vendor for setting up a single repositary for 35 crore Jan Suraksha schemes
`The existing data of Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana of approximately more than 35 crore customers since the start of the schemes(2015) need to be migrated from the individual/banks and insurers to the repository,’’...
Blast at India’s Tata Steel coke plant injures three contract workers
The unit was not operational and was undergoing a dismantling process, Tata, India's largest steelmaker by revenue, said in a statement, adding that production has not been impacted MUMBAI: Tata Steel said three contract workers had been injured in a blast at one of...
Future Enterprises to exit insurance business, to raise Rs 3,000 cr via insurance biz sale to pare debt
Kishor Biyani-led group Future Enterprises would completely exit the insurance sector after selling its existing stakes in life and non-life joint ventures soon Mumbai: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from...
US cyber insurance payouts increase amid rising claims, premium hikes
Cyber insurance direct written premiums in US grew by 74% in 2021 to over $4.8 bil., according to statutory financial data from the “Cybersecurity and Identity Theft Insurance Coverage Supplement.” Premiums for standalone coverage increased by 92% to over $3.1 billion...
State-run general insurers may get further capital infusion of Rs 3,000-5,000 cr
Fund support was given to the weak general insurance companies last financial year, some more fund requirement is there to bring them back on profitability path, sources said. During 2020-21, Rs 9,950 crore was infused in three PSU general insurers by the government...