Welcome to My Blog
Here is a masonry blog layout with no sidebar
Cyber Protection: Public-private action to bridge gap and boost resilience
Mario Greco, Group Chief Executive Officer, Zurich Insurance Group, said: “The threat of cyberattacks poses a significant risk to both societal and economic stability. As insurers, we can offer some degree of protection, but we must acknowledge that large-scale,...
Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27
“These IDs, created and maintained by the state governments/union territories, will be linked to various farmer-related data, including land records, livestock ownership, crops sown, and benefits availed,” said the government New Delhi: In a bid to empower the...
Former NIA CMD G Srinivasan appointed as the first CEO of Galaxy Health Insurance
G Srinivasan,MD &CEO, Galaxy Health Insurance Company Earlier, Dr S Prakash, former CEO of Star Health, who also quit Star Health along with Jaganathan, was supposed to be first the CEO of Galaxy Health Insurance. However, Prakash wants to be an investor of the...
GM to face big class action over faulty transmissions
Drivers said the vehicles shudder and shake in higher gears, and hesitate and lurch in lower gears, even after repair attempts. They also accused GM of telling dealers to provide assurance that harsh shifts were “normal.” General Motors was ordered by a federal...
Presence of women directors in active companies grew three-fold in last 10 years, says FM Sitharaman
Women are also rising on the corporate ladder and in the startup and financial technology space, about 18 per cent of 111 unicorns (valued at USD 1 billion) are led by women in India, said Nirmala Sitharaman,Union Finance and Corporate Affairs Minister Chennai: The...
Inclusivity: Star Health launches of an industry-first insurance policy in Braille
Anand Roy, MD & CEO of Star Health Insurance said, “This policy transcends traditional insurance, embodying our commitment to ensuring that individuals with disabilities receive the comprehensive support and coverage they need. We aim to build a more inclusive...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional investors put Rs 2,284 crore bids for GIC Re shares as of 3:20 pm on Wednesday. Retail investors will get to bid in the OFS on Thursday New Delhi: Institutional investors on Wednesday placed bids...
Cathay Pacific grounds many flights after engine component failure
Cathay Pacific has not specified which engine component failed, but the carrier said it was the "first of its type to suffer such failure on any A350 aircraft worldwide". The source said the incident involved a leak in a system designed to inject fuel to the XWB-97...
HP to continue $4 billion damages case against Mike Lynch
HP had bought Autonomy for $11.1 billion in 2011 in one of the UK’s biggest tech deals. But in late 2012 the company said it had discovered a massive accounting scandal at the British tech firm Hewlett Packard said Monday it would continue legal proceedings to seek up...
Average annual NatCat losses for global insurance industry reaches new high of $151 billion: Verisk
“While actual annual insured losses over the past five years have been high, averaging $106 billion, they should not be seen as outliers,” said Rob Newbold, president of Verisk Extreme Event Solutions BOSTON, MA: Verisk, a global data analytics and technology...
fdbfNnn
dsGBSDFBHn
fbfbb vv
Govt to pay for treatment of road accident victims of uninsured vehicles
Earlier, the General Insurance Council (GI Council), the official representative body of the Indian general insurers consisting of private sector and PSU general insurers, has sued the Ministry of Road Transport and Highways (MoRTH) in Delhi High Court for asking the...
Govt to sell 7% stake in GIC Re tom, to mop up Rs 4,701 cr
“Retail investors and GIC employees can bid on Thursday. The government will divest 3.39 per cent equity with an additional 3.39 per cent as green shoe option,” Secretary, Department of Investment and Public Asset Management, posted on social media platform X ...
Srinivas Injeti is now chairman of Zurich Kotak General Insurance
Srinivas Injeti Srinivas Injeti, former secretary of ministry of corporate affairs and former chairman of International Financial Services Centres Authority(IFSCA), has been appointed as chairman of Zurich Kotak General Insurance, with D Sundaram and Ravi Venkataraman...
IRDAI approves take over of Aditya Birla Insurance Brokers by Edme
Rs 455 crore deal had got stuck for over 18 months as the IRDA had refused give its approvals in the absence of certain key information about the transaction Mumbai: Allowing the entry of private equities(PEs) in the insurance broking sector, after almost 18 months...
Prasun Sikdar set to become the first CEO of Bima Sugam
Prasun Sikdar,MD & CEO designate, Bima Sugam India Federation Sources point out that a formal decision to appoint Sikdar, who is already a board member of the Bima Sugam India Federation, as the CEO of the company has been taken by the IRDAI in consultation with...