Referring to several verdicts of the apex court in environmental...
Category:
Risk Management
Latest
Systemic leakages of Rs 10 000 cr annually in insurance sector eroding trust: Report
To address this, the report outlined a three-pillar framework of...
Women in Insurance India (WIIN) launches India’s first industry-focused accelerator program to advance equity, innovation & leadership
Speaking about the launch, Soni Srivastava, Co-founder, Women in...
India’s toxic smog cuts off visibility in several areas
The minimum temperature in Delhi fell to 16.1 degrees Celsius (61°F) on Thursday from 17 degrees C the previous day, weather officials said. Its pollution ranked in the 'severe' category for the second day in a row, with a score of 430 on an index of air quality...
World already on cusp of 1.5 degree celsius temp rise, finds new research
Every extra increment of heat risks worsening climate impacts like powerful storms and drought. This year is expected to be the hottest year on record, and the EU’s Copernicus Climate Change Service predicts it will also be the first year ever to breach 1.5C of...
Assessing AI: 73% of enterprises have launched AI, 52% of deployments achieving business value, Infosys Survey
Sumit Virmani, EVP and Global Chief Marketing Officer, Infosys, said: "CMOs face the dual challenge of fueling growth in the short-term while articulating the value of their brand investments in the medium term. They recognize AI's, especially generative AI's,...
Bridge Specialty International launches with the rebrand of Lonmar Global Risks
Bridge Specialty Group, a global wholesale and specialty insurance brokerage, has announced plans to unify its London-based businesses Lonmar Global Risks, Decus Insurance Brokers and BdB Limited under Bridge Specialty International. Bridge Specialty International...
IRDA asks general insurers not to report premiums and commission for long term policies at one go
``Currently, only long-term Motor Third Party (TP) premium is booked annually and commissions also paid annually. Otherwise, the entire premium for other long-term policies such as Fire policies for dwellings, Engineering policies for projects, Janata Personal...
Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
Flood risk: protective measures up to ten times more cost-effective than rebuilding: Swiss Re study
Flood risk is set to increase due to climate change and urban sprawl.Economic benefits of flood adaptation measures can be up to ten times the costs of post-disaster rebuilding. Dykes can reduce flood damage by 60-90%, especially in densely populated regions Zurich:...
At least 20 pc of India’s economy will be digital by 2026-27: Jyotiraditya Scindia
“As our digital economy flourishes at a pace 2.8 times swifter than the national economy, we anticipate it will reach an astounding 20 per cent by 2026-27,” said the minister, urging South Asian Telecommunication Regulators' Council member nations to collaborate on...
IFRS Ready: IRDAI to meet industry honchoes to finalise norms at 2-day Bima Manthan
Debasish Panda, chairman,IRDAI ``It is our endeavour to implement Ind AS (including Ind AS 117) for insurers in India from 1st April, 2027 based on our experience and learnings from the proforma submissions and the communication in this regard will be circulated at an...
COP29: WHO demands urgent integration of health in climate negotiations
António Guterres, Secretary-General of the United Nations, said,``The climate crisis is also a health crisis. Human health and planetary health are intertwined. Countries must take meaningful action to protect their people, boost resources, cut emissions, phase out...