Insurance industry sources said rates for additional war risk...
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Maui wildfire is deadliest for US in 105 yrs, with 89 killed
“This is the largest natural disaster we’ve ever experienced,”...
Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high
A U.S.-backed maritime group called the International Maritime...
Generali hikes stake in Indian insurance JV to 49% from 25.5%
Through this transaction, Generali has committed up to approximately €120 million ($137.3 million) to its Indian joint ventures: Future Generali India Life Insurance Co. Ltd.; Future Generali India Insurance Co. Ltd., which writes non-life insurance, and the newly established distribution joint venture FG&G Distribution Private Ltd.“The new Generali strategy is focusing on high potential insurance markets. India will play a significant role in our expansion plan in Asia,” commented Jaime Anchustegui Melgarejo, CEO International, Generali.
All vehicles to come fitted with tamper-proof number plates from April 1
“HSRPs have certain security features and are protected against counterfeiting. The plates are fastened with non-removable/non-reusable snap lock fitting system,” Gadkari said
Interview to select a new Irda member(non-life) on Jan 10, 2 CMDs are in the race
Among those who have applied are AV Girija Kumar, CMD, Oriental Insurance Company(OIC), TL Alamelu, CMD, Agriculture Insurance Company,,Siddarth Pradhan, director & general manager, National Insurance Company(NIC), John Pulliantham, general manager & director, NIC, C Narambunathan, director & general manager, New India Assurance SN Rajeswari, general manager, NIA,George E Thomas, professor Insurance Institute of India…
Indonesian tsunami insurance claims may reach $1.09 bn
According to insurance companies PT Maskapai Reasuransi Indonesia (REI) and PT Asuransi Maipark Indonesia, there were at least 191 insurance risks from the disaster, which killed at least 430 people and devastated thousands of homes, buildings and infrastructure.
Seqrite detects over 2.6 cr cyberthreats targeting Indian firms during Jul-Sept
“Growing inter-connectivity has demolished traditional security perimeters. Every endpoint, every node, every device connected to enterprise networks has become a point of entry for attackers looking to steal invaluable information and disrupt business operations
Premium of non-life insurers rises 27% to Rs 12,551 cr in November
Six standalone private health insurers registered a jump of 48 percent in their premium income at Rs 903.06 crore last month
With Rs 60 cr, E&Y gets 18 months to devise strategies for merger of 3 PSU general insurers
With E&Y getting 18 months timeframe for preparing the basic strategies, the deadline for completing full merger of three companies, National Insurance Company(NIC), Oriental Insurance Company(OIC) and United India Insurance (UII). with all its legal and IT and operational complexities, will be easily extended into FY 2022, said analysts.
New auto policy, FAME II to drive India’s clean mobility push in 2019
The Society of Manufacturers of Electric Vehicles (SMEV) estimates the EV sales to more than double to around 2 lakh units next year, on the back of supportive policy environment
Industry executives see blockchain becoming disruptive force in auto sector: Study
By overcoming constraints of technical challenges of storing, processing, sharing and analysing data, blockchain can shift information paradigm from error-prone to value-add
10 global re/insurers refuse cover to Adani Group’s $16.5bn Australian coal mine
A campaign by 73 prominent environmental organizations,which collectively represent 76 million members, penned a letter to 30 global re/insurance companies earlier this month urging them to rule out any providing any services for the controversial coal mine and its associated rail project