Among those deaths, two and three-wheeler occupants comprised 48...
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Buffett’s Berkshire posts record profit on insurance, investments
Warren Buffett, chairman, Berkshire Hathaway "You really saw the...
Insurers look to hike health premiums for Delhi as pollution stings
In India, insurers can vary health insurance premiums by city based...
Stranded Ships: 200 container ships grounded globally over past decade
The insurance industry has always supported the development of the shipping industry providing ship-owners are taking into account the risks that accompany any increase in size. Building ships for just economies of scale is not enough, says Allianz Nearly one year...
Sanjay Godhwani appointed to new executive leadership roles at Berkshire Hathaway Specialty Insurance
Sanjay Godhwani Sanjay will be responsible for all North America Region underwriting and underwriting support groups, customer & broker engagement, and BHSI’s Global Catastrophe Engineering & Analytics group BOSTON & NEW YORK: Berkshire Hathaway Specialty...
Covid-19 deaths: SC allows Centre to conduct inquiry into fake claims
A bench of Justices M R Shah and B V Nagarathna said the government can verify 5 per cent of claims in four states -- Maharashtra, Kerala, Gujarat and Andhra Pradesh -- where the gap between number of claims and recorded deaths was wide The top court also set a period...
Hannover Re makes insurtech innovation platform hr | equarium openly accessible
"Like a dating service for singles, hr | equarium acts as a go-between for insurers and insurtechs and has established itself in this role as the leading innovation platform," said Claude Chèvre, the responsible member of Hannover Re's Executive Board Hannover:...
WTW partners with RIMS for promoting risk management and resilient organisations in APAC
Simon Weaver, Head of Corporate Risk & Broking, Asia and Australasia, and Head of Australasia, WTW, said,`` As the coronavirus becomes endemic, a broad set of societal risks have become ever-present in business decision making for all organisations today High...
Explainer: Can companies leaving Russia recoup losses through insurance?
Vladimir Putin,President,Russia Companies that leave and abandon their business without any action taken by the Russia government to seize control of their assets will have a tough time collecting insurance, according to legal experts "You see companies saying 'we're...
U.N. to roll out global early-warning systems for extreme weather
Petteri Taalas, Secretary-General, World Meteorological Organization With the trend expected to worsen as global temperatures continue to climb, "there is a need to invest $1.5 billion" in the next five years to predict when extreme events might occur, said World...
ICICI Lombard and Airtel Payments Bank tie-up for Smartphone Insurance
With a monthly premium starting at Rs 1299, customers can get an insurance sum that is equivalent to the purchase price of their smartphone. Customers can get this insurance on their own until ten days after purchasing a smartphone priced between Rs 10,000 to Rs...
Higher Motor 3rd Party motor premium to be implemented after mid-May
``Notice is hereby given that the said draft rules shall be taken into consideration after the expiry of a period of 30 days from the date on which the copies of this notification as published in the Gazette of India, are made available to the public,'' said the...
U.S. SEC proposes companies disclose range of climate risks, emissions data
It would also require companies to disclose greenhouse gases generated by suppliers and partners, known as Scope 3 emissions, if they are material or included in any emissions targets the company has set SEC chair Gary Gensler said the agency was responding to...