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Transparency in claim settlement central to building trust among empanelled hospitals for AB PM-JAY:NHA CEO
Sunil Kumar Barnwal, Chief Executive Officer, National Health...
Air India Dreamliner crash is in final stage, report due in a month: Ram Mohan Naidu
"It has been almost a year, and the investigation is still being...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen sharply, particularly among Western operated assets in the Gulf, with pricing multiples increasing and underwriting becoming more selective. Aviation, cyber and trade related lines are also seeing elevated...
Insurtech startup Plum nets $20 million in Peak XV-led Series B round
The Bengaluru-based company plans to use the fresh capital to scale marketing and sales efforts to expand its presence in India's corporate insurance market, deepen technology investments - particularly in AI-driven claims operations - and expand into preventive...
Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting
With the global fleet now averaging more than 22 years of service, vessel age and other uniform parameters in isolation are an increasingly blunt indicator of risk. The MGA's underwriting method aligns insurance capacity more closely with demonstrated performance and...
US jury finds Meta and Google liable for damages in social media addiction trial, to pay $3 million
The case involves a 20-year-old woman who said she became addicted to Google's YouTube and Meta's Instagram at a young age because of their attention-grabbing design. The jury found Google and Meta were negligent in the design of both apps and failed to warn about...
Building Risk Resilience: An update for India Inc
Indian companies today are dealing with a very different risk landscape. Supply chains that break without warning, weather disruptions that are no longer rare events, growing cyber incidents, and constantly evolving compliance expectations.Add to that the pressure of...
Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover
The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world's richest person, was accused of falsely claiming on social media that Twitter underreported how many fake and spam accounts, known as bots, were on its...
Govt launches carbon market portal,domestic market to start within next 4 months
Manohar Lal the Union Minister for Power & Housing and Urban Affairs said the carbon market would function as a mechanism to balance emissions by allowing entities with surplus carbon credits to sell them to those falling short of compliance targets. New Delhi:The...
Safer Roads:NHAI to deploy AI powered dashcam monitoring system for 40,000 km of National Highway network
The project aims to enhance remote tracking and road condition assessments using high-resolution imagery and video data. Specialized dashboard cameras will be mounted on Route Patrol Vehicles (RPVs) to conduct weekly surveys on all the stretches comprehensively....
Crop Loss:Chouhan asks officials to expedite insurance claims to farmers
Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, and Rural Development Chouhan stated that the government’s focus is not limited to production alone, but also extends to the scientific assessment of crop damage, proper settlement of...
Train accidents decline by 90 pc since 2014-15, says Ashwini Vaishnaw
Data shared by the minister showed that during 2004-05 to 2013-14, there were 1,711 consequential train accidents, resulting in 904 deaths and 3,155 injuries. This declined to 678 accidents between 2014-15 and 2023-24, with 748 deaths and 2,087 injuries. New Delhi:The...