Alok Agarwal, MD & CEO, Zurich Kotak General Insurance Alok...
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SBI General announces awareness campaign for Kharif 2025
SBI General Insurance has launched its ‘Crop Insurance Week’...
Govt modernising weather forecasting system to boost real-time prediction, says Jitendra Singh
Jitendra Singh,Union Minister In charge Meteorology Department...
General insurance industry’s prm rise 16% to Rs 20,423 crore in Oct, pvt sector gains market share by 2%
The private sector general insurers have further expanded their market share to 51.34 per cent till October-2022 as against 49.24 per cent in the year-ago period. The four PSU general insurers have continued to lose their market share to 33.13 per cent till Oct -2022...
Reeling from floods, Pakistan seeks climate compensation, debt relief
Pakistan and other climate-vulnerable countries are demanding that the U.N. climate talks this year in Egypt take steps to mobilize "loss and damage" funds for disaster-hit nations, and some say rich nations have a duty to pay these costs because their historical...
Rs 86 lakh loss for state during PFI hartal violence: Kerala govt tells HC
Earlier, the High Court had asked the banned PFI and its former state general secretary to deposit Rs 5.2 crore with the Home Department towards damages estimated by the KSRTC and the government in connection with the hartal-related violence saying they must be held...
Precision Air plane crashes into Lake Victoria in Tanzania, 19 killed
Images shared by East African media showed the aircraft seemingly intact after plunging into Lake Victoria, which borders Tanzania, Uganda and Kenya Nineteen people died after a passenger plane crashed into Africa’s largest lake on approach to an airport in...
Markel Dubai growth further enhances capabilities in MENA region, announces 3 senior appointments
Max Robbie has been promoted to senior executive officer (SEO) at Markel Dubai, subject to regulatory approval. He joined Markel in Dubai in October 2021 and was previously head of upstream energy for Markel in Asia Dubai: Markel International, a subsidiary of the...
Global cyber insurance premium to grow 20% to reach $23 billion by 2025 from $10 billion in 2021: Swiss Re
The market has significant growth potential beyond these projections. Given estimates of annual global cyber losses at around $ 945 billion, roughly 90% of the risk remains uninsured, said Swiss Re Jérôme Haegeli, Swiss Re Group Chief Economist: "As cyberattacks have...
Allianz Global Investors targets $1 bln for tackling climate risks
Private finance in developing economies hit a record $250 billion last year, according to the International Monetary Fund, but must more than double by 2030 to keep on track to hit the world’s climate goal, a London School of Economics study said Allianz Global...
Dutch govt to stop banks credit insurance for fossil fuel exports
Around 20 countries including Germany, the United States, Britain and Canada made similar commitments, but only a few including France have so far implemented them into policy The Dutch government on Thursday said it intends to stop giving companies and banks credit...
Ukraine war led to more damaging and widespread cybersecurity attacks: EU Agency
“Today’s global context is inevitably driving major changes in the cybersecurity threat landscape. The new paradigm is shaped by the growing range of threat actors,” ENISA Executive Director Juhan Lepassaar said in a statement Geopolitics such as Russia’s invasion of...
UK to cap price of Russian oil for any global company using its insurance, brokerage and shipping services
The insurance industry has been in limbo about whether and how the UK would follow the EU’s measures, although the expectation was that it would do so London is an important insurance market for the transport of oil. Protection and indemnity insurance covers companies...