In an exclusive interview with Asia Insurance Post, on the occasion...
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National Health Authority to host 2-day Arogya Manthan event in Delhi
Ayushman Bharat PM-JAY, launched on 23rd September 2018, has...
Govt considers financial creditor status for insurers issuing surety bond
The general insurance companies are seeking changes in the Indian...
Las Vegas massacre survivors, families reach $735 million settlement with MGM
The total settlement amount might rise to $800 million, depending on how many claimants choose to participate, according to the law firm Eglet Adams.
IRDA forms panel to standardise Title Insurance products
The feedback received from the Government of India reveals that the stakeholders, especially the Developers Associations have flagged the need for standardisation in the Title Insurance products, said IRDAI.
India has potential to become one of the largest electric vehicles markets: Report
The uptake of EVs has been slow in the country due to the high upfront as well as lifecycle costs cost but long-term investment in research and development (R&D) will create sustained growth, according to the report by the World Economic Forum and Ola Mobility Institute.
In a first, Anil Ambani threatened with class action suit at AGM
The shareholder said he will marshal 10 percent shareholders to launch the country’s maiden class action suit, in which a group of complainants sues a defendant or a number of defendants on behalf of a group,or class,of absent parties.
Lloyd’s of London to go electronic to compete with low-cost rivals
Simplifying and automating its processes could cut the cost of doing business at Lloyd’s to 25-30% of premium revenue, compared with a current 40%
One-third of Indian businesses hit hard by internal, external fraud: Report
“We believe that the level of due diligence done by Indian corporates is improving, but it is still below the basic requirement when compared globally,” said Tarun Bhatia, head of South Asia and managing director in the Business Intelligence and Investigations practice of Kroll.
Maruti to Tata, festive season fails to lift up passenger vehicle sales
The country’s largest carmaker Maruti Suzuki India said its domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018.
“The FAIR Nat CAT pool has gained the approval to operate in India’’
FAIR pools are performing satisfactorily, overall, the revenue of the pools and syndicate is growing steadily with expectations to have reached close to $120m in the past year, and each year we have new members sharing the units of the pools’ ownership.
Ford hands over the wheels to M&M in $275 million deal for India JV
“But looking at a global scenario of rapid transformation in powertrains and a shift to electric, this is a better way to mitigate investment risks,”
IRDAI makes travel insurance sale via online ticket booking portals more stringent
This circular will come into force with immediate effect. All the group insurance arrangements that are not in compliance to these norms shall be terminated with effect from 01st Oct