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Marsh and Apollo design first-of-its kind insurance facility for Uber to accelerate autonomous ride-hailing
Autonomous Vehicle Insurance Program(AVIP) is underwritten by...
Modernising Indian Insurers: Technology route to transformation
Organisations that are moving towards modular systems and...
India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM
The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
About 1.4 lakh new PMJDY a/cs opened under financial inclusion saturation campaign: FinMin
Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister
"Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore," Maharashtra Agriculture Minister Manikrao...
ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26
The insurer's Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in Q1Fy...
Irdai forms panels to look into violations by insurers
"As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed," Irdai said....
General insurers rush to become preferred choices for Tesla’s EV customers in India
ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk's Tesla has set up its first show room in Mumbai for selling its electronic vehicles(EV)...
Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study
"In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance
The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge's plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
‘All Crew Muslim’: ships look to dodge Red Sea attacks with messages
Maritime security sources said even though shipping companies must step up due diligence on any tangential link to Israel before sailing through the Red Sea, the risk of attack was still high. Commercial ships still sailing through the Red Sea are broadcasting...
Miller launches Korean marine team with four senior hires
David Kim, Head of Korea at Miller, added,``We expect to expand into other lines as we capitalise on the potential for close collaboration with our strong foundations in the London marine market.” London: Miller, an independent specialist (re)insurance broker,...