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US-Iran strikes choke ship traffic through Strait of Hormuz
London marine insurers also reported seeing fewer inquiries for...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp...
Family with disabled minors wins Rs 1.09 cr compensation for 2018 Bihar road crash
Over ₹56 lakh was awarded to the two children, including a toddler whose right leg was amputated below the knee, and a five-year-old girl who suffered severe facial disfigurement and head trauma. This money has been ordered into a fixed deposit in a nationalized bank...
Iran seeks “insurance mechanism” to reduce risks for ships transiting through Hormuz
"Yes, we want to maintain the security of the Strait of Hormuz. We want to protect the environment of the Strait of Hormuz. We must establish an insurance mechanism so that ships involved in incidents or encountering problems are covered to reduce their risk," Iran's...
Govt to launch affordable cloud-based hospital management system for small clinics on Jun 29
Union Health Minister J P Nadda will launch an e-Sushrut clinic, a simplified HMIS developed by the Centre for Development of Advanced Computing (C-DAC), aimed at addressing the digital needs of small clinics, primary health centres, health and wellness centres,...
Health Insurance: Creating simple, adequate, and transparent solutions
Among young Indians, the study finds that financial awareness is no longer translating into protection. While over half of Gen Z respondents actively invest through mutual funds and SIPs, many continue to postpone purchasing personal health insurance, assuming...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&P
S&P said South Asia is especially exposed to second-order risks of the West Asia conflict.India is the world's largest urea importer and relies heavily on Gulf suppliers, India is the world's largest urea importer and relies heavily on Gulf suppliers, while...
AI:From analytics to workforce and workflow
AI is rapidly becoming the new divider between leaders versus followers and laggards in insurance.Insurers leading are redesigning their operational model leveraging a cloud and AI-native core technology foundation that deeply integrates AI into the business and...
Howden Re makes 3 sr appointments for China market
This is the latest in a series of senior hires reinforcing Howden Re’s commitment to Hong Kong and China as a strategic focus for Howden Re as it continues to build specialist capabilities across the Asia-Pacific region. London: Howden Re, the global reinsurance,...
Tesla faces lawsuit after car using driver-assistance software crashes into home, killing woman
The electric-vehicle maker’s automated technology failed to detect the end of the roadway and stop before slamming into a brick house, according to the lawsuit filed Tuesday in Texas state court. The complaint also includes a claim of deceptive marketing against the...
Allianz warns of significant marine claims from Iran conflict
“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai
Nick Cook, Group CEO, said: “The opening of our GCC in Mumbai is more than an operational milestone. It is a platform for building the data and AI capability that will help BMS serve clients better and compete more effectively. India has extraordinary professional...