The aviation insurance industry could be looking at a claim for...
Category:
Non-Life
Latest
South Korea orders airline safety probe after worst domestic crash kills 179
Investigators are examining bird strikes, whether any of the...
SBI Life picks up 10 pc stake in Bima Sugam India Federation for Rs 6.6 cr
Bima Sugam India Federation, an unlisted company, incorporated on...
Universal health care bill advances in California Assembly
first step toward abolishing the private health insurance market in the nation’s most populous state and replacing it with a government-run plan that they promised would never deny anyone the care they need SACRAMENTO, Calif: California Democrats on Tuesday took their...
India reports over 2.47 lakh fresh COVID-19 cases, 27 pc higher than y’day
380 COVID-19 infected patients lost lives in India in the last 24 hours, taking the death toll to 4,85,035, the Union Health Ministry said. Of the 69.73 crore total tests conducted so far, a daily positivity rate of 13.11 per cent was reported in the country. Further,...
Maharashtra likely to see rise in COVID-19 hospitalisations by Jan-end or early Feb: Health dept
Maharashtra on Wednesday recorded 46,723 fresh coronavirus cases, a jump of 12,299 infections from a day ago, and 32 fresh fatalities. The new cases included 86 Omicron infections Mumbai:Maharashtra is expected to see a spike in hospitalisation of COVID-19 patients in...
COVID-19: 115 deaths reported globally due to Omicron, one in India, says Health Ministry
"Emerging states of concerns reporting high positive rates- Maharashtra with a rate positivity rate of 22.39 per cent, West Bengal 32.18 per cent, Delhi 23.1 per cent and Uttar Pradesh 4.47 per cent," he added. Agarwal also stated that there are eight countries in...
Natural disasters cost $120bn of insured losses worldwide in 2021, relatively low losses in Asia-Pacific: Munich Re
Torsten Jeworrek, member of the Board of Management,Munich Re The costliest natural disaster in 2021 was Hurricane Ida, causing $65bn of economic losses and US$ 36bn of insured losses Torsten Jeworrek, member of the Board of Management,Munich Re, said the images of...
India reports 1,94,720 fresh COVID-19 infections, 442 fatalities
``Plateauing of hospital admissions is an indication that the wave may have peaked. We may see a decline in cases in two to three days.Cases have started declining in Mumbai and Delhi is likely to follow the same trend,'' Delhi Health Minister Satyendra Jain said New...
China’s Omicron Outbreak Is Bad News for the Global Supply Chain
“The reality is that China remains the center of global manufacturing,”said Thomas O’Connor, a supply chain expert at Gartner Inc. in Sydney. “If there was significant manufacturing or logistic shutdowns in China associated with covid-related challenges, that would...
Aspen launches ESG integration initiative ‘Project Leaf’
By 2026, the project aims to see over two thirds (66%) of Aspen’s (Credit and Political Risk) CPR premium originating from transactions with a favorable ESG classification. A favorable classification is determined by exposure that has a positive ESG risk factor, for...
Non-life insurance cos register over 7 pc rise in gross premium at Rs 18,953 cr in Dec 2021
The five standalone health insurance companies registered a 31.3 per cent rise in their gross underwritten premium at Rs 1,740.15 crore during the month, against Rs 1,325.03 crore a year ago Hyderabad: The gross direct premium underwritten by non-life insurance...
India’s new COVID-19 cases hit seven-month high of 117,100
The health ministry also reported 302 new deaths, taking the total to 483,178. Total infections stand at 35.23 million Government officials have privately said they are working under the assumption that daily infections will surpass the record of more than 414,000 set...