A senior Indian bureaucrat told reporters that sanctioned vessels...
Category:
Non-Life
Latest
Moody’s to acquire CAPE Analytics, adds AI-powered geospatial property risk intelligence to its insurance risk models
“By combining our CAT risk models with CAPE’s AI-powered property...
Miller continues Asia expansion, enters Korean market
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement...
How sanctions against Russia are battering the global aviation industry
Manufacturers, lessors, insurers and maintenance providers to Russian carriers like Aeroflot, S7 Airlines and AirBridgeCargo are among those outside Russia that are hit directly by sanctions Russian airlines have also been cut off from the insurance and reinsurance...
AIA buys BEA’s travel and general insurance services unit Blue Cross
BEA agreed to sell its medical, travel and general insurance services unit Blue Cross (Asia-Pacific) Insurance and all of its 80% interest in healthcare services unit Blue Care JV (BVI) Holdings to AIA to generate value for shareholders. Asia-focused AIA’s largest...
Environmental groups sue TotalEnergies over climate marketing claims
The claim, which has been served on TotalEnergies and was to be filed before the Paris Judicial Court, concerns the company’s “reinvention” marketing campaign. Claimants say the campaign broke European consumer law by suggesting TotalEnergies can reach net-zero carbon...
Future Enterprises gets court nod for stake sale in Generali insurance venture
A Mumbai city court late last month put on hold Future's planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
Global Covid caseload tops 447.6 million. fatalities surge past 6 million
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 79,339,202 and 960,310, according to the CSSE The second worst hit country in terms of cases is India (42,97,315 infections and 515,102 deaths), followed by Brazil...
Ukraine evacuates trapped Seafarers, foreign mariners count cost of war
Many shipping firms have suspended sailings to affected Black Sea ports and other terminals in Ukraine. Insurance premiums for voyages have soared since Russia’s invasion on Feb. 24, an action Moscow calls a “special operation” Ukraine’s Maritime Administration has...
Asian farmers turn to drones, apps for labour, climate challenges
Governments in the region are using drones, with satellite imagery, for weather forecasts, disaster management and crop insurance, as well as for monitoring and mapping crops strategic for food security, mostly rice BAN MAI, Thailand: As a child, Manit Boonkhiew...
Govt controlled price of over 800 medicines required for treating diseases like cancer: PM
''If we look at the figures of this fiscal, then medicines worth over Rs 800 crore have been sold from the jan aushadhi kendras. This means that this year itself, the poor and the middle class were able to save about Rs 5,000 crore…till now, about Rs 13,000 crore have...
Irda asks insurers to put details of health covers for transgender persons in public
Earlier, IRDAI had asked insurer to evolve a health insurance underwriting policy covering approach and aspects relating to offering health insurance coverage not only to standard lives but also to substandard lives Hyderabad: The insurance regulator IRDA has...
Star Health Insurance launches a holistic policy for women
In addition to regular hospitalization, Star Women Care Insurance Policy provides cover for assisted reproduction treatment, Delivery (pre and post-natal cover), multiple medical consultations, preventive health checkups, voluntary sterilization as well as child...