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...
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...
Howden M&A bolsters its Asia Pacific team to manage surging deal activity
There is a significant growth in demand for M&A insurance in APAC, with clients seeking to manage the transactional risks that arise in the course of M&A transactions There were 20,694 deals in APAC with an aggregate value of USD 1.193 trillion, up from 17,745...
Overseas re/insurers have small exposure to Russia, have strong capital position to avoid a deterioration in credit quality: S&P
Many global and regional reinsurers have exposure to Russia, as well as some industrial line writers. As of now global reinsurers' exposure is very limited, in most cases less than 1% of assets and existing liabilities, in some cases even less than 0.1%....
Cargo ship to Assam via Bangladesh completes pilot voyage
Speaking on the occasion, Sonowal said, "Today marks the beginning of a new age of inland water transport in Assam. This is going to provide the business community a viable, economic and ecological alternative.'' "The start of cargo movement through ships via the Indo...
‘Cyberattack’ knocks thousands offline in Europe
“Due to a massive disruption of the satellite connection in Europe, remote monitoring and control of thousands of wind power converters is currently only possible to a limited extent,” mentioned the producer, Germany’s Enercon which mentioned the issues began on...
GIC Re studying $115 mn suit by AM Re Syndicate for US business
In a regulatory filing on Thursday, GIC Re said it is currently in the process of studying the complaint and quantification in detail in order to determine the next steps "In the complaint, AM RE has sought amounts which are to be determined at trial, but which as per...
Russia’s invasion of Ukraine leaves global trade in tatters
Since Russia's invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the Black Sea, while dozens more have been stranded at ports and at sea unable to unload their valuable cargoes Only a small handful of Russia's 2,000 cargo and...
Italy’s Generali to pull out of Russia as Intesa reviews business
Europe's No 3 insurer said its exposure to the Russian market in terms of investments and insurance business was under constant evaluation. The moves come as Western countries seek to distance themselves from Russian business after President Vladimir Putin ordered his...
Russia central bank increases capital of reinsurance firm specialising in sanctions risk
MOSCOW: Russia's central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08 billion) from 71 billion roubles.