Welcome to My Blog
Here is a masonry blog layout with no sidebar
ICICI Lombard General Insurance net profit falls 9% to Rs 659 crore in Q3FY26
Combined ratio,— a key measure of underwriting profitability- of the company was at 104.5% in Q3 FY2026 compared to 102.7% in Q3 FY2025.Underwriting losses of the company more than doubled to Rs 353.78 crore in the reporting quarter from Rs152 crore in the year-ago...
Economic growth strongest, most sustainable form of financial inclusion: CEA
V Anantha Nageswaran,Chief Economic Adviser He also emphasised that mainstream banks must actively absorb the new proven borrowers, such as PM SVANidhi beneficiaries, into their core portfolios, offering regular loans, insurance, and working capital lines, not just as...
Natural Disasters in 2025: Alarming rise in floods, severe convective storms and wildfires
Tobias Grimm, Munich Re’s Chief Climatologist: “A warming world makes extreme weather disasters more likely. Given that 2025 was another very warm year, the past 12 years have been the warmest on record. The warning signs persist. Indeed, under the prevailing...
PFRDA makes partial withdrawal, exit rules more attractive for NPS Vatsalya subscribersNEW DELHI: (Jan 13) In a bid to make the NPS Vatsalya Scheme more attractive, PFRDA has made certain changes to the exit and withdrawal options under the scheme, designed...
PAT on a 1/n basis de-grew by 9.1% to ₹ 6.59 billion in Q3 FY2026 from₹ 7.24 billion in Q3 FY2025. PAT on n basis grew by 0.2% to ₹ 6.80 billionin Q3 FY2026 from ₹ 6.79 billion in Q3 FY2025. Excluding impact ofWage Code on a 1/ n basis PAT for Q3 FY2026 was ₹ 7.00...
Narayana Murthy backed general insurer Acko plans $350 million IPO
The IPO, which may include a mix of primary shares and secondary sales by existing investors, is likely to be launched in the second half of the year, sources said Mumbai: Narayana Murthy and Amazon backed digital general insurer Acko Technology & Services Pvt....
Bobby Swarup’s Niyam Grp receives Lloyd’s in-principle to establish Syndicate 2047, to focus on India and other high growth Asian and African markets
Bobby Swarup, Founder and CEO of Niyam Group, said “I am grateful to Lloyd’s, our investor J.C. Flowers & Co. and their adviser Macquarie Capital, and to our partners, Guy Carpenter and PoloWorks, for their belief in Niyam and its purpose. This marks the beginning...
ICICI Pru Life reports a 20% rise in its Q3 profit to Rs 390 crore
`The recent '0% GST reform' on individual policies has significantly aided growth of our retail protection segment. In Q3-FY2026, this segment registered a strong 40.8% year-on-year growth. Consequently, the retail sum assured, i.e., the total life cover chosen by our...
‘No more 10-minute delivery’:Quick commerce players do away with deadline after labour minister intervenes
According to sources, Blinkit has already acted on the directive and removed the 10-minute delivery promise from its branding. Other aggregators are expected to follow suit in the coming days. The move is aimed at ensuring greater safety, security and improved working...
EWS income criteria for hospital treatment enhanced to Rs 5 lakh Delhi:HC
"All persons who wish to avail of health facilities in Delhi would now be entitled to take benefit under the EWS criteria of Rs.5,00,000/-, upon satisfying the necessary pre-conditions. The said enhancement would apply to all government hospitals across Delhi and all...
Will ask states to pay heavy compensation for dog-bite incidents: SC
"For every dog bite, death or injury caused to children or elderly, we are going to ask the state governments to pay heavy compensation, as they did not do anything on implementation of norms in the past five years. Also, responsibility and accountability will be...
SC delivers split verdict on Section 17A of PC Act mandating sanction to probe govt servants
Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority. New...
Natural disasters cause US$224bn global damage in 2025, insured losses at US$ 108bn, says Munich Re
In the Asia-Pacific region, natural disasters resulted in overall losses amounting to roughly US$ 73bn; this is above the 10-year average of US$ 66bn. Only US$ 9bn was insured. In many lower-income countries, insurance penetration remains below 5% Munich: Natural...
Inequality top economic concern for youth globally:WEF survey
More than 56 per cent identified climate change and environmental degradation as the greatest threat to the world; personally, 51 per cent cited inflation and instability as their greatest worry, while 41 per cent identified climate change as the second most...
Tamil Nadu pays Rs 1237.80 cr of premium to UII for renewing state’s health insurance scheme in 2026-27
The scheme provides cashless hospitalization for specific ailments/procedures up to ₹5,00,000 per family per year on a floater basis and from January 2022 to 2027, the scheme is being implemented through UII. Chennai:The Govt of Tamilnadu on Monday has renewed their...
Aon promotes Neha Shah as head of its Life and Health (L&H) business India
International broker Aon has promoted Neha Shah as to head its Life and Health (L&H) business India. Shah, an actuary, who had joined Aon's L&H team last year, will be responsible for leading and supporting the strategy execution for the reinsurance business...
Nexus acquires medical tourism specialist Sure Insurance Services
The business will become part of Millstream Underwriting, which has been owned by Nexus since 2015 London: Nexus Underwriting (Nexus), announced today that it has acquired Sure Insurance Services (Sure), a leading provider of specialist solutions for the medical...
Willis makes new leadership appointments in Asia
These changes and new leadership roles recognise the significant opportunities and increasing complexities companies face within the Natural Resources and Construction industries in Asia Singapore: Willis, a WTW business, today announced new appointments to its...