"Yes, there has been a definite increase in the freight cost. There...
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Data centre coverage could reach $10 billion in premiums in 2026:S&P
As individual projects keep growing in size, they may eventually...
AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks
Wall Street banks have started testing Mythos internally after the...
Indian Insurance Industry-2025: A Year of Consolidation, Customer Focus and Sustainable Growth
Consumers increasingly opted for higher sum insured policies, family floaters, and value-added benefits such as wellness programs, OPD cover and maternity—reflecting a shift from price-led buying to need-based protection. Krishnan Ramachandran, MD & CEO, Niva Bupa...
Cyber Insurance in India: Premiums, Ransomware and the AI
At this time the Indian cyber premium pool is expanding rapidly — industry estimates place market size in about one thousand of crores and forecast double-digit growth with cumulative premium estimate of about ₹60Bn for FY ending 2026. Vibhaw Kumar, Executive Vice...
20 of 24 PMFBY implementing states have opened escrow account for paying premium subsidy since Kharif 2025
Andaman & Nicobar Islands, Manipur, Mizoram and Sikkim are yet to open Escrow Accounts under the PMFBY,said Minister of State for Agriculture and Farmers Welfare Ramnath Thakur New Delhi:20 of the 24 Pradhan Mantri Fasal Bima Yojana(PMFBY) implementing states have...
NATHEALTH asks govt to increase public spending on healthcare to over 2.5 per cent of GDP
Chronic diseases now account for nearly 65 per cent of all deaths in India and the urgency to strengthen preventive and primary health systems has never been greater.Citing that there is a low uptake of preventive screening, NATHEALTH recommended tax deduction for...
Seth urges insurers on timely and effective resolution of policyholders’ grievances
``When a citizen takes the trouble to write a grievance,they are not filling a form—they are sending a signal that they need the system to listen. How we respond to that signal shapes trust not only in insurance, but in institutions themselves. Choose the customer...
Ayushman Bharat:Gujarat’s expenditure increases 20.5% to Rs 3,210 crore in 2024–25
Bhupendra Patel,Chief Minister, Gujarat The AB PMJAY–MA scheme, which integrates the Centre’s flagship Ayushman Bharat programme with the state-run Mukhyamantri Amrutum Yojana, currently covers around 1.20 crore families in Gujarat.At present, 2,090 hospitals have...
US targets Iran oil network, names India-linked shipping firms
India-linked entities named include the Barbados-flagged vessel Flora Dolce, owned and managed by India-based Rukbat Marine Services Co, which has transported millions of barrels of Iranian fuel oil since April 2025.Another vessel, Ramya, operated and managed by...
Insurance Amendment Bill,2025:Balancing innovation,capital inflows and policyholder protection
Nirmala Sitharaman,Finance minister Taken together,the Bill, that now awaits Presidential assent and thereafter notification in the official gazette, promises a decisive shift in India’s insurance landscape. Several of the proposals in the Bill are measured and their...
Transformational moment, PM Modi on Parliament nod to SHANTI Bill
The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the Central Government...
Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance
Geothermal power is an abundant energy source that can provide clean electricity and heat crucial for meeting net zero goals, and is expected to make up a sizable share of Germany’s future heating needs. But the big upfront costs needed for drilling can often exceed...