M Nagaraju,Financial Services Secretary The Finance ministry from...
Category:
Non-Life
Latest
Tougher US sanctions to curb Russian oil supply to China and India
Sanctions on Russian oil insurers will prompt Russia to price its...
New U.S. sanctions against Russian energy interests
Two Russia-based maritime insurance providers: Ingosstrakh...
Russia’s general insurance industry to reach $19.3 billion in 2025:GlobalDATA
Ashish Raj, Insurance Analyst at GlobalData, commentED: “We are seeing clear indications of a Russian revival in 2021, with the country’s economy expected to grow by 4.1% by the end of the year as it benefits from rising oil and energy prices. As the economy recovers,...
European regulators propose check for anti-lightning flaw on some Airbus A350 jets
The proposed safety warning marks the first time manufacturing has come under regulators' spotlight amid a growing commercial and industrial headache over flaws on the skin of the jets, which Airbus insists are safe to fly. Paris/Chicago: European regulators have...
With Omicron, third wave projected to hit India by Feb, but may be milder than second: IIT scientist
“With the new variant, our current forecast is that the country could see the third wave by February but it will be milder than the second wave. So far we have seen that the severity of Omicron is not like the one seen in the Delta variant,” Agarwal told PTI. New...
HEALTH, ECONOMIC AND CYBERATTACKS REMAIN TOP RISK CONCERNS FOR INDIA INC: MARSH/RIMS STUDY
Many employers in India are looking at transitioning to a more flexible working system. Some extent of remote work is expected to remain, leading to concerns of increased cyberattacks due to unsecured home networks. Yet, less than a quarter of Excellence India survey...
No proposal to reduce 18 % gst on health insurance plans:Karad
Minister of State for Finance Bhagwat K Karad . GST is determined on the suggestions of the GST Council, which is a constitutional physique comprising members from the central authorities and state governments. At current, no suggestion to scale back the GST price on...
`Let there be a Health Regulator or IRDAI should regulate hospitals,’ Alamelu
T L Alamelu, Member,(Non-Life),IRDAI Alamelu also cautioned insurers about the premium hikes and said the regulator is watching the situation "We have an eye on how insurers increase their premiums," Alamelu said Hyderabad: T L Alamelu, Member (Non-Life), Insurance...
Business Interruption and Cyber Attacks Identified as Top Concerns in Asia Pacific: Aon Study
“The world is a more volatile place and the importance of better decision making has never been greater, said Lambros Lambrou, CEO of Commercial Risk Solutions at Aon ``Long-tail risks are not single events. They’re innately interconnected, as we’ve seen with the...
Maharashtra implements Motor Vehicles Act; hikes compounding fees for traffic offences
Driving without insurance will be punishable with Rs 2,000 compounding fees State transport commissioner Avinash Dhakane said the hike in compounding fees will help bring down accidents and ensure discipline among the citizens. "This will help improve overall road...
Only 22 persons got Covid treatment under Ayushman Bharat in Bihar
According to official data, 8.29 lakh persons underwent treatment using the Ayushman Bharat Yojana card during the first and second waves of the pandemic, but only 22 persons of Bihar availed treatment under the scheme Patna: Only 22 persons in Bihar were treated for...
BioNTech CEO says vaccine upgrade on the cards, ready to move quickly
BioNTech CEO Ugur Sahin BioNTech CEO Ugur Sahin reiterated that a product relaunch could be achieved within about 100 days and said a redesign is already under way. But any confirmation of the existing shot's protection against severe disease could buy developers time...