``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...
Cyber crime to cost economies $10 trn by 2025: MS official
''Cyber security is the biggest threat to digital transformation and to the planet. Cyber crime costs economies more than USD 6 trillion each year today and that is expected to reach nearly USD 10 trillion by 2025'' New Delhi; Microsoft India President Anant...
Sachin Bansal’s Navi Technologies files draft papers with Sebi for Rs 3,350-cr IPO
Proceeds of the IPO will be used to invest in subsidiaries -- Navi Finserv Pvt Ltd (NFPL) and Navi General Insurance Ltd (NGIL) -- and for general corporate purposes Mumbai: Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise Rs 3,350...
Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital
Anil Ambani, Chairman, Reliance Group The Reliance Capital subsidiaries include Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Securities, Reliance Asset Reconstruction Company, Reliance Home Finance and Reliance Commercial Finance. The Reserve...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
Rakesh Joshi appointed as member,Finance & Investment, IRDA
The appointments committee of the cabinet (ACC) has approved the appointment of Joshi as member, IRDAI, for three years, said a DoPT order The post had fallen vacant following the retirement of Pravin Kutumbe after completing his three-year tenure in March 2021 New...
Ukraine Crisis: Lloyd’s Register stop services to Russia
“Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies,” it said in...
Marsh McLennan to exit Russia Businesses
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
Auto sales dip 23% in Feb as supply challenges continue: SIAM
"Continuing supply-side challenges like semiconductor shortages, increase in cost due to new regulations, higher commodity prices and higher logistics cost, etc., have impacted overall sales in the auto industry," Society of Indian Automobile Manufacturers (SIAM)...
Covid deaths worldwide 18 million, three times official tally: Lancet Study
Because of its large population, India alone accounted for an estimated 22% -- or 4.1 million -- of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is quite the...
Swiss Re partners with dacadoo to offer platform to insurers of all sizes
The new combined solution also strengthens Swiss Re’s Personal Resilience Suite (PRS capabilities). PRS is a holistic, modular and innovative risk assessment approach, powered by Swiss Re's renowned underwriting manual Life Guide Zurich: Swiss Re and dacadoo today...