India’s foreign ministry spokesperson, Randhir Jaiswal, said...
Category:
Non-Life
Latest
Wildfires, storms, floods contribute to record 92% of global insured losses in 2025:Swiss Re
``According to our modelled peak-loss scenario, insured losses...
Nearly 45% of Indian road accidents fatalities involve 2-wheelers, says Secy, MoRTH
Reaffirming the Government’s focus on high-risk areas, he informed...
Chouhan to transfer crop insurance claims worth Rs3,200 cr to 30 lakh farmers on Monday
Shivraj Singh Chouhan,Union Agriculture Minister Of the total claim amount, Rs 1,156 crore will be transferred to farmers in Madhya Pradesh, Rs 1,121 crore to 7 lakh farmers in Rajasthan, Rs 150 crore to Chhattisgarh-based farmers, and Rs 773 crore to farmers in other...
SBI General launches exclusive Health Insurance branches across Andhra Pradesh and Telangana
L to R-CS Setty, chairman, State Bank of India, Naveen Chandra Jha, MD & CEO of SBI General Insurance at the launch event of SBI General's exclusive Health Insurance branches across Andhra Pradesh and Telangana in Hyderabad CS Setty, chairman, State Bank of India,...
Frequent disasters expose climate risks to infrastructure in South Asia
The Himalayan region, which crosses Nepal and several nearby countries including India, is especially vulnerable to heavy rains, floods and landslides because the area is warming up faster than the rest of the world due to human-caused climate change. Climate experts...
Navi Technologies changes its name to Navi Limited
Navi Technologies Limited, promoter of Navi General Insurance, on Friday officially changed its name to Navi Limited. ``The new name fits who we are today. Not only are we a technology provider, we are a full-fledged destination for financial services for our...
India data breach costs reach new record level Of Rs 22 crores: IBM Report
“India's accelerating AI adoption brings immense opportunity, but it's also exposing enterprises to new and complex cyber threats. The absence of access controls and AI governance tools is not just a technical oversight; it's a strategic vulnerability. CISOs must act...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report
"The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated." said Shweta Bajpai, Director...
GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore ``In a bid to fortify our balancesheet further, we have started the practice...
APAC records significant rise in cyber claims driven by rising frequency and sophistication, Aon report
“As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure,stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions,” AdamPeckman, head of risk consulting and...
Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC
The solution is tailored for insurers in EMEA and APAC. This innovative solution allows insurers to define products and build rates in Earnix, and seamlessly integrate them into modernised workflows in Sapiens IDITSuite’s Platform. Rochelle Park, NJ: Sapiens...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025
The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...