RR Singh, CMD, Oriental Insurance Company GIPSA earlier had four...
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Covid BA.2.86 appears less transmissible than XBB & EG variants: Experts
The US Centers for Disease Control and Prevention (CDC) in its...
Magsaysay award winning oncologist’s mission to provide affordable cancer care to poor
Radiation, surgical and medical oncology has to be...
Bancassurance Deals:Citi and Bajaj General, IDBI Bank and TATA AIG General join hands
Bajaj Allianz General Insurance will offer personal lines of insurance such as health, personal accident, motor, home, and travel, along with commercial line of insurance such as property, marine, engineering, etc. to the bank’s customers
Insurance costs rocket for U.S. IPOs as twitchy investors take to courts
A $5 million policy that cost $200,000 in 2016 can now easily cost $500,000 to $600,000, said Paul Schiavone, head of North American Financial Lines for Allianz Global Corporate & Specialty, an Allianz SE unit.
BGC Insurance Group to establish new global aviation brokerage
Andrew Wallin, Chief Commercial Officer, BGC Insurance Group, said: “The current market is stacked against aviation clients, with three brokers dominating this line of business because of their scale. For a significant independent player like us with a client-focused approach, vision and technical prowess, the gap in the market offers huge disruptive potential.”
Lloyd’s of London aims to revamp Auto Coverage as era of Driverless Cars looms
Chief Executive Officer John Neal said that Lloyd’s is talking with automakers about how to set up different policies to stay relevant as car ownership changes. The shift is “inevitable” as companies such as Tesla Inc. explore their own insurance options, he said in an interview Monday.
Boeing records zero new plane orders in Paris, Airbus jumps ahead
There’s room to run up the score, said Airbus Chief Executive Officer Guillaume Faury. While Boeing’s workhorse 737 Max, idled in March after two deadly crashes, languishes on the tarmac, Faury said the European planemaker is seeing “very strong demand” for its rival A320 family of single-aisle jets.
Bharti AXA General Insurance posts Rs 3 crore profit in FY19
The first-ever full-year profitability has been achieved by expanding the distribution network, adding number of strategic distribution partnerships and business alliances and diversification of product lines, Bharti AXA General Insurance CEO Sanjeev Srinivasan said.
IndiGo places $20-bn engine order for future fleet of 280 Airbus aircraft
IndiGo has a fleet of over 230 aircraft. Out of these 230, the airline said that 215 aircraft belong to Airbus “A320/321 family”.
Lloyd’s must seize opportunity to embrace digital transformation:John Neal
“Lloyd’s has always been a platform – a marketplace where brokers, underwriters and capital have come together to create and exchange value by exchanging risk, ultimately for the benefit of our customers. The building blocks are in place. Now we have the challenge of unlocking and evolving a 330-year-old platform.”
Only BS-6 vehicles to be available from next year: Javadekar
WHO likely to declare Ebola an international emergency: Experts
The Ebola virus epidemic in Western Africa was the most widespread outbreak of the disease in history, killing over 11,000 people and spreading to ten countries, including Liberia, Sierra Leone, Spain, and the United States