Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman,...
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Budget 2025: FM exempts basic customs duty on 36 life-saving drugs; boosts medical tourism
Establishment of cancer care centres and enhanced social security...
Union Budget 2025:Insurance Reforms Bill with 100% FDI to be tabled soon, says Sitharaman
100% FDI proposal, larger reforms moves along with other Amendments...
EU sanctions tweak allows some plane owners to sell to Russia
Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...
Worldwide COVID cases surpass 500 mln as Omicron variant BA.2 surges
Roughly 64.8% of the world population has received at least one dose of a COVID vaccine, although only 14.8% of people in low-income countries have received at least one dose, according to figures from Our World in Data Since 2020, about 37% of the world's COVID cases...
South Africa’s deadliest floods in nearly three decades claim more than 250 lives
“The damages seem quite severe and we have received a significant volume of claims. We expect a significant number of new claims will be reported in the coming days, and we have mobilized our teams to deal with the expected volumes to ensure continuity of customer...
TMK launches IP Abatement Insurance for US-based SMEs
Product will be available as an add-on to TMK’s Intellectual Property (IP) Infringement Defence Policy and features limits of up to USD3m TMK, a leading specialist insurer, has launched IP Abatement insurance for clients in the US. The product will be available for...
Auto sales remain in slow lane in FY22; two-wheeler dispatches lowest in 10 years
SIAM noted that the two-wheeler dispatches in last fiscal were the lowest in 10 years. Similarly, passenger vehicle dispatches last fiscal were below 2017-18 and 2018-19 levels. ''While some segments like commercial vehicles and SUVs are seeing improvement in demand,...
Reliance Cap lenders finalise RFRP for bidders; approval expected next week
Key clusters of RCL are Reliance General Insurance, Reliance Health Insurance, Reliance Nippon Life Insurance, Reliance Asset Reconstruction, and Reliance Securities New Delhi: Reliance Cap lenders finalise RFRP for bidders; approval expected next weekLenders of...
OIL gets Rs 57cr ransom demand from cyber attacker
''After their preliminary investigation, it came to their notice that OIL's network, server and clients' PCs are facing network outage.Further, it also came to their notice that cyberattacker has demanded USD 75,00,000 as a ransom through a note from the infected...
Venkatesh Naidu appointed as CEO of Bajaj Capital Insurance Broking
Bajaj Capital Insurance Broking has announced the appointment of Venkatesh Naidu as its chief executive officer. Venkatesh has over 20 years of experience in working and building renowned insurance organisations in India like Exide Life Insurance, Bharti AXA Life...
SecureNow launches ‘Property & Equipment’ cover for clinics, laboratories & hospitals
Insurance broke SecureNow has launched the ‘Property & Equipment Insurance for Clinics, Laboratories & Hospitals’. Approximately, it would cost Rs 840 plus taxes annually to insure a building of Rs 100,000 and electronic equipment of Rs 100,000. Through this...
Tom Bolt appointed as executive vice president and chief risk officer of AIG
“Over his more than 35 years in insurance and reinsurance, Tom has developed deep underwriting expertise and, since joining AIG in 2018, he has played a critical role in the turnaround of our general insurance business by setting standards for underwriting excellence...