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Howden aligns global broking regions, forms EMEA broking region
Howden’s MEA businesses – including the UAE, Bahrain, Oman, Tanzania, South Africa, and its newly launched operation in the Kingdom of Saudi Arabia – will align with the Howden Europe business to create a single EMEA broking region led by Luigi Sturani, CEO...
Marsh and Apollo design first-of-its kind insurance facility for Uber to accelerate autonomous ride-hailing
Autonomous Vehicle Insurance Program(AVIP) is underwritten by Apollo’s ibott® division and exclusively provides Uber with dedicated capacity to provide AV partners with comprehensive primary and excess liability coverage at preferred rates, reflecting their unique...
Modernising Indian Insurers: Technology route to transformation
Organisations that are moving towards modular systems and AI-enabled decision tools are seeing faster product development, better pricing accuracy and stronger fraud detection, says a Deloitte India’s report India’s insurance sector is entering a new phase of...
Non-scheduled, general aviation players’ 176 planes do not have cockpit, flight data recorders: Govt
Minister of State for Civil Aviation Murlidhar Mohol said that a total 2,263 aircraft were registered and issued certificates of airworthiness (C of A) before January 1, 2016. New Delhi: As many as 176 planes operated by non-scheduled and general aviation operators do...
Saudi Aramco offers Red Sea route option for oil buyers as Hormuz faces lengthy disruptions
The other option is to receive oil from the Persian Gulf, but at the risk of not getting any if the strait remains closed, said the traders. Saudi Arabia is giving long-term oil customers the option of receiving their allocations for April via the Red Sea port of...
Seth to take stock of Bima Sugam with insurers on Tuesday, to discuss launch of standard Health & Motor covers on e-platform
Ajay Seth,chairman, IRDAI ``We are having a virtual conference with insurers and officials of Bima Sugam Federation,wherein details of a standard motor and standard medical policy sold over the platform would be discussed,’’ said the IRDAI sources IRDAI chairman Ajay...
Need expanded cancer coverage, early diagnosis under Ayushman Bharat: Study
To maximise the benefits of early detection, the study also recommended embedding diagnostic coverage and screening support into the scheme. Diagnostics currently account for just 3 per cent of total cancer care costs, yet they often fall outside AB-PMJAY and delay...
New labour codes to drive wider adoption of fixed-term employment: Report
New labour codes to drive wider adoption of fixed-term employment: ReportNearly 75 per cent of companies expect a rise in structured fixed-term employment as companies respond to the implementation of new labour codes, signalling a shift towards greater workforce...
Rising geopolitical tech risks challenge corporate governance Industry body
"India is no longer an isolated economy. Businesses today operate across multiple geographies and are influenced by global geopolitical developments, cyber risks and rapidly evolving technologies. In such an environment, internal auditors are expected to continuously...
FPIs sell-off continues; pull out Rs 52,704 cr last fortnight amid West Asia conflict
The latest sell-off comes after foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, the highest monthly inflow in 17 months. New Delhi:Foreign investors withdrew Rs 52,704 crore (approximately USD 5.73 billion) from domestic...
Cabinet Secretariat asks secys to submit notes on major proposed reforms
The government has undertaken a series of measures to boost the country's economic growth and promote ease of living for citizens.Ministries and departments have to submit those notes by March 17 to the secretariat New Delhi,:The Cabinet Secretariat has asked...
FinMin amends public float rules for IPO-bound cos
The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three...
Hindalco denies extrusions operations halt report says overall operations largely unaffected
The Aditya Birla Group-owned metals producer declared force majeure to all of its extruded aluminium customers on March 11, the notice showed NEW DELHI:Hindalco Industries on Sunday said that it has not halted operations of its aluminium extrusions business and...
Adityanath issues directives for assessing damage caused to crops due to rain in western UP
Yogi Adityanath,Chief Minister, Uttar Pradesh The chief minister reviewed the situation arising from rainfall in the western districts of the state and issued instructions to the administration to ensure timely relief to affected farmers. LUCKNOW:Chief Minister Yogi...
With paid-out claims of Rs 45, 449.17 crores to 62, 405, 476 beneficiaries,Maharashtra has topped the list of states as the leading provider of comprehensive crop insurance to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather...
Young Indians: From aspirational spending to aspirational planning
The shift is evident on social media, where conversations increasingly centre on insurance coverage, SIPs, credit scores, and early retirement, rather than unchecked consumption. In this environment, sharply focused financial products such as term insurance are being...
Wartime Marine Risks: Navigating insurance & supply chain disruptions
One of the most common misconceptions during times of crisis is that all stakeholders in the supply chain are automatically aware of evolving risks and that insurance protection continues seamlessly. However, marine insurance operates under specific contractual...
Food safety inspections more than double in 3 years with 56,000 risk-based checks: Govt
Prataprao Jadhav,Union Minister of State for Health and Family Welfare The RBIS framework determines the frequency of inspections based on the risk associated with different food businesses, with high-risk food categories required to undergo annual inspections. New...