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Here is a masonry blog layout with no sidebarAcko General Insurance reports losses of Rs 670 crore in FY24
The company is not expected to be profitable even this year. Earlier this year, Acko founder Varun Dua had said the company could become profitable in the financial year 2026-27 New Delhi: New-age insurance company ACKO has reported Rs 670 crore loss in financial year...
PM Modi pitches for framing global dos don’ts for ethical use of technology
Prime Minister Narendra Modi Emphasising on ethical use of AI with security, dignity, equity being at the centre, Prime Minister Narendra Modi said global institutions should come together to work out dos and don'ts New Delhi: Prime Minister Narendra Modi on Tuesday...
Actuary Sandip Goenka appointed as first CEO of ACKO Life
Sandip Goenka, chief executive officer, Acko Life Sandip,with two decades of experience in life, health, general insurance, reinsurance, and insurance consulting, is a qualified actuary from the Institute of Actuaries of India and the UK Actuarial Institute with a...
Prasun Sikdar likely to join as CEO of Bima Sugam on Nov 1
Prasun Sikdar, MD & CEO, designate, Bima Sugam Federation ``I am truly excited about the journey ahead and the potential to democratise and universalise insurance in Bharat. Our commitment to enhancing affordability, accessibility, and availability is crucial as...
Sebi urges investors to deal with only registered persons & entities
"The information about authentic persons or institutions registered with Sebi is available on the website," Sebi Executive Director Manoj Kumar said Mathura: Investors must rely on persons or institutions that are registered with the Securities Exchange Board of India...
Commerce secretary meets other department officials to discuss trade finance issues of exporters
Sunil Barthwal, Commerce Secretary The issues which figured in the meeting included the need for low rate of credit, enhanced insurance coverage, coverage of loans, and priority lending, the official said New Delhi: Commerce Secretary Sunil Barthwal on Monday held a...
Climate change to have severe impact on health emergency services globally: Study
Across all the focus group responses, the top three major risks were pollution, flooding and heatwaves. Three minor risks were cold spells, wildfires and vector-borne diseases, such as malaria Copenhagen: Climate change is likely to have a severe impact on health...
More health packages focused on elderly care likely to be added to AB-PMJAY
"The committee which decides on health-benefit packages under the scheme is deliberating on the need for adding more health packages, which exclusively tend to geriatric care, as the number of such beneficiaries will go up with the launch of the scheme," an official...
Global Hunger Index 2024 ranks India under ‘serious’ category
Globally, around 733 million people face hunger each day due to a lack of access to a sufficient amount of food, while about 2.8 billion people cannot afford a healthy diet India is among 42 countries that fall within the "serious" category, alongside Pakistan and...
Star Health says cyberhacker demanded $68k ransom after leaking its data
Star, which has previously said it is a "victim of a targeted malicious cyberattack", on Saturday revealed for the first time that in August "the threat actor demanded a ransom of $68,000 in an email" addressed to the company's managing director and its chief...
FPIs take out Rs 58,711 cr from equities in Oct, DIIs come to the rescue of stock market
The major trend in foreign portfolio flows in October, so far, has been the sustained selling by FPIs. This trend of FII selling and DII buying is likely to sustain in the near-term, the analysts added Mumbai: Foreign investors turned net sellers in October,...
Bridge Specialty International completes acquisition of Singapore-based Acorn International Network
Tim Coles, Chief Executive Officer of Bridge Specialty International, said: “This acquisition establishes us in the Singapore insurance market, further expanding our Asia presence and enabling us now to build a leading wholesale and specialty hub in the region. David...
US sanctions Indian company for involvement in ‘Ghost Fleet’ transporting Iranian oil
Under the sanctions imposed on Gabbaro, all property and any in which it has interests are frozen in the US and this applies also to persons or entities with more than 50 per cent interest in the company, the State Department notification said New York: The United...
Ancient humans were so good at surviving last ice age they didn’t have to migrate like other species – new study
Populations of the same species that live in different places often have different genetics to each other. More recently scientists have studied how climate change has altered the distribution of these genetically distinct populations of species Humans seem to have...
All 140 aboard Trichy-Sharjah Air India Express flight safe; DGCA orders probe
The aircraft, after experiencing a technical snag, circled for more than two hours before landing. Following the landing, the Directorate General of Civil Aviation (DGCA) grounded the aircraft and ordered a probe, said sources Tiruchirapalli: All 140 passengers on the...
Darbhanga Bagmati express collides with a stationary goods train near Chennai ,19 injured
"It was not supposed to stop here (Kavarapettai station), so it was to pass through it. After leaving Chennai, green signals were given for this train. The driver was following the signals correctly, but the train should have taken the main line. Instead, it took the...
Jude Gomes appointed as MD & CEO of Ageas Federal Life Insurance
Jude Gomes, managing director & Chief Executive Officer, Ageas Federal Life Insurance Jude Gomes said, “We will establish new benchmarks and strengthen our position in India's insurance landscape. I look forward to our new journey of growth and success - together...
AM Best upgrades GIC Re’s rating, assesses its business profile as favourable
AM Best upgraded GIC Re's Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) Singapore: After downgrading GIC Re's rating four years ago, AM Best on Friday has upgraded it that will...