The continued retreat of larger insurance carriers from the...
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Indian auto insurance technology startup listed on Nasdaq
''We're incredibly excited about the transformative potential of AI...
Bhargava Dasgupta quits as MD & CEO of ICICI Lombard, to join ADB as vice-president,Market Solutions
Bhargava Dasgupta, MD & CEO, ICICI Lombard General insurance...
Willis Research Network partnership to focus on natural air traffic hazards
Alex Martí, CEO, Mitiga Solutions added: “In a short period of time, Mitiga Solutions has been able to disrupt the aviation industry by providing real-time and predictive solutions to mitigate the impact of atmospheric hazards to different aviation stakeholders
India announces ban on electronic cigarette sales
“The decision was made keeping in mind the impact that e-cigarettes have on the youth of today,” Finance Minister Nirmala Sitharaman told reporters in New Delhi
Lloyd’s returns to profit in 1st Half after 2 full years of losses
The more than 300-year-old corporation made a profit before tax of 2.3 billion pounds ($2.8 billion) in the first six months of 2019, the company said in a statement on Wednesday.
ONGC fined Rs 2.05cr for green norm violation in Assam
“Environmental compensation fine amounting to Rs 2,04,90,000 only has been assessed as per formula provided by the National Green Tribunal (NGT), Principal Bench,” said the order dated September 5, 2019
National Health Authority, IRDAI recommend measures to check frauds, data standardization
Sixty per cent of the Indian population today is covered under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana and privately paid health insurance making it a great opportunity for IRDAI and NHA to jointly work on key areas for the strengthening of health insurance eco-system in the country, making it more efficient and effective, an NHA official said.
Govt to cut insurance premium rates for small exporters: Piyush Goyal
“For accounts with limits below ₹80 crore, the premium rates will be moderated to 0.60 per annum and for those exceeding ₹80 crore, it will be 0.72 per annum for the same enhanced cover,” Goyal told reporters
SBI shelves IPO plans for general insurance arm
SBI General, valued at over Rs 12,000 crore recently, is a joint venture between SBI and Insurance Australia Group(IAG) with a 26 per cent ownership which is planning to exit the joint venture fully
Climate change tops list of world’s ‘extreme risks’
Tim Hodgson, Head of the Thinking Ahead Group, said: “Our extreme risks ranking has seen the emergence of a general trend with financial risks falling down the rankings and non-financial extreme risks growing in significance. Global temperature change becomes the highest ranked risk due to our assessment of higher likelihood coupled with significant impact – in the extreme this would mean mass extinction.
Rs 70,000 cr package announced for exports, realty sectors to boost growth
Besides, a Rs 1,700 crore annual dole will allow Export Credit Guarantee Corp (ECGC) to offer higher insurance cover to banks lending working capital for exports, she said. This will enable reduction in the overall cost of export credit including interest rate, especially for MSMEs, she added
Drone attacks strike major Saudi Aramco facility, oilfield
The plant has been targeted in the past by militants. Al-Qaida-claimed suicide bombers tried but failed to attack the oil complex in February 2006