From an economic perspective, the widespread impacts would be...
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Cat bonds see rapid influx of investors
Plenum estimates that the volume of catastrophe bonds in funds...
Star Health takes steps after data breach: MD
"In a world, where there is so much inter-connectivity, when you...
PSU gen insurers comply with Delhi HC order, withdraw directors selected by BBB
In another case which may look into selections of CMDs of PSU general insurers by the BBB, after being denied posting as CMD of Chennai based United India Insurance, Inderjeet Singh, general manger, New India Assurance, had challenged the government decision on the...
Gallagher Completes Acquisition of WTW’s treaty reinsurance operations
Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate 2400 colleagues ROLLING MEADOWS: Arthur J. Gallagher & Co, the third largest international...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
Star Health IPO subscribed 12 pc on first day of offer
The category for Retail Individual Investors (RIIs) received 64 per cent subscription and those for non-institutional investors 1 per cent Mumbai: The initial public offer of Star Health and Allied Insurance Company Limited was subscribed 12 per cent on the first day...
Number of farmers’ suicide fall to 5,579 in 2020: Tomar
''However, the causes of suicides of persons (including farmers) are family problems, illness, drug abuse/addiction, marriage-related issues, love affairs, bankruptcy or indebtedness, failure in examination, unemployment, professional/career problem, and property...
Agri crops in 50.40 lakh hectare hit due to heavy rains & floods so far this year: Tomar
As per the data placed before the Lower House, Karnataka has reported a crop damage in maximum area of 13.98 lakh hectare as of November 25, followed by West Bengal (6.90 lakh hectare), Rajasthan (6.79 lakh hectare), Bihar (5.80 lakh hectare), Maharashtra (4.55 lakh...
No proposal to merge public sector general insurance companies: MoS Karad
Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
Omicron: Govt extends containment measures till Dec 31 amid global concerns
While underlining that the new variant doesn't escape RT-PCR and RAT tests, Bhushan asked states and UTs to ensure adequate infrastructure and supervised home isolation, according to a health ministry. Bhalla also said that the contacts of the international travellers...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
Millennials- Singapore’s new ‘Sandwich Generation’
Among the foremost sources of financial concern listed by respondents were providing for their ageing parents financially (48%) and funding their own retirement (60%). Both worries could be linked to the rising costs of living and life expectancy here. In just a...