Tapan Singhel, MD & CEO Bajaj Allianz General Insurance and...
Category:
Non-Life
Latest
Gallagher Re appoints Jonathan Allard to lead newly created Global Credit & Political Risk team
Recent geopolitical events and macro-economic conditions have...
General Insurance industry premium rises 30 % to Rs 29,467 crore in Sept, pvt sector gains market share
With a total premium of Rs77,049 crore, up 21 per cent y-o-y,...
Apple, Microsoft, among five sued over child labour deaths in cobalt mines
Five US tech giants including Apple, Microsoft and Google parent Alphabet have been named in a lawsuit over the death of child labourers in cobalt mines in the Democratic Republic of Congo.
SBI plan to list general insurance arm may take 3 yrs: Rajnish Kumar
SBI General Insurance, has to “mature” and will await the valuation to touch Rs 50,000 crore, Kumar said.
Govt clears appointments of Srivastava and Poddar as CMD of GIC Re and AIC
At a pay scale of Rs 2,05,400,Srivastava has been appointed as the CMD of GIC Re till Sept 2023 while Poddar with the same pay scale will be heading AIC till July, 2022.
Porsche bets rich Indians will pay to show off electric cars
Porsche, which sells 350-450 cars a year in India, is looking for a boost to those figures when it launches its new Cayenne Coupe on Friday, followed by the Taycan by July. It unveiled the latter in China, Germany and Niagara Falls in September, with a starting price outside India of $150,900 and a potential base version costing below $100,000. That underscores the model’s central role in parent Volkswagen AG‘s push to become a leader in battery-powered vehicles.
Regulation for vintage vehicles soon; number plates to display ‘VA’
The move is also aimed at helping collectors of such vehicles avoid harassments from enforcement agencies, an official said.The draft notification states that this special registration will allow the vehicle to be piloted on public roads under a wider variety of circumstances, excluding commercial use.
Rs382 cr collected as fine for violation of pollution norms since 2017: CPCB
The CPCB, which works under the Ministry of Environment, Forest and Climate Change, is responsible for advising the central government on prevention and control of water and air pollution. It is also responsible for coordinating the activities of the state pollution control boards and resolving disputes among them, besidesplaying other roles.
US agency probes 12th Tesla crash tied to possible Autopilot use.
While autonomous vehicles are an exciting development, the tech is simply not ready to be deployed safely. Congress must act to protect the public from these vehicles until their safety can be assured,” said Senator Richard Blumenthal of Connecticut, who is a member of the Senate’s Committee on Commerce, Science and Transportation.
Big victory for Johnson and Conservatives clears way for quick Brexit
“Boris Johnson may have a mandate to take England out of the European Union. He emphatically does not have a mandate to take Scotland out of the European Union,” said Nicola Sturgeon, SNP leader and first minister of Scotland.
Royal Caribbean cruises faces potential liability for New Zealand volcano deaths
Cruise ship passengers were among the tourists on White Island on Monday when it erupted. While no lawsuits have yet been filed, legal experts said they expected action in U.S courts by injured passengers and families of those who died.There were 47 people on the island at the time. Eight have been officially declared dead and more than 20 are being treated for severe burns
Shipping industry and insurers face uncertain new fuel risks and rule
To reduce emissions of toxic sulfur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulfur fuel or install exhaust gas cleaning systems from Jan. 1.