Total insured losses out of the collision are estimated to range...
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French households, businesses face soaring costs for insurance due to climate change: Govt
The cost of climate disasters may double in the 30 years through...
Irdai permits insurers to undertake transactions in bond forwards for hedging
In a circular on 'Exposure to Forward Contracts in Government...
Supply chain constraints to dent Maruti Suzuki production levels in Dec
Due to supply constraints, the company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and Gujarat (Suzuki Motor Gujarat Pvt Ltd), owing to a supply constraint of electronic components impacted by shortage of semiconductor...
New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha
On asked if the government proposes to ban misleading advertisements in media, she said the guidelines of Advertising Standards Council of India are being studied and their regulations are also being looked into ''so that we can take, if necessary, some kind of...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
Construction companies to see robust growth and “new age” risks post-Covid:ALLIANZ
“Covid-19 has brought about a new age for the construction industry,” says Yann Dreyer, Global Practice Group Leader for Construction in the global Energy & Construction team at AGCS. “While construction projects continued during the pandemic, and further growth...
WHO reaches draft consensus on future pandemic treaty
A global agreement to strengthen pandemic prevention and responses, expected to be ready in May 2024, would cover issues such as sharing of data and genome sequences of emerging viruses, and of any potential vaccines and drugs derived from research. Member states of...
Digital Child’s Play: protecting children from the impacts of AI
Conor Lennon from UN News asked Jasmina Byrne, Policy Chief at the UNICEF Global Insights team, and Steven Vosloo, a UNICEF data, research and policy specialist, about the importance of putting children at the centre of AI-related policies. Artificial intelligence has...
RBI may increase minimum capital for a new universal bank to Rs 1,000 crore, no corporate ownership of banks
Bajaj Group, Piramal Group and Reliance Industries had shown interest in expanding into banking, Mumbai: India's central bank said on Friday it would reform rules on the structure of private sector banks but a source familiar with the matter said the changes would not...
India needs national disaster pool to hedge natural disaster risks: Report
Since 2001, a total of 100 crore people have been impacted and nearly 83,000 lost lives due to these disasters. If the losses are adjusted with current prices, the losses come out to a staggering Rs 13 lakh crore or 6 per cent of the GDP, State Bank of India (SBI)...
One billion more people could join the ranks of those already unable to afford healthy diet
The COVID-19 pandemic has affected global food systems worldwide, causing food insecurity and malnutrition The UN agency underscored the urgency of strengthening their capacity to endure shocks, including extreme weather events and surges in plant and animal diseases...
Chinese regulators ask Didi to delist from US bourses on security fears
Didi sparked the ire of Beijing when it proceeded with its New York stock offering this summer, despite regulatory requests that it ensure the security of its data before the IPO. Chinese regulators quickly launched multiple investigations into the company and have...