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Gross Direct Premium Income (GDPI) of the Company stood at ₹ 76.88 billion inQ1 FY2025 compared to ₹ 63.87 billion in Q1 FY2024, a growth of 20.4%, whichwas higher than the industry growth of 13.3%. Excluding crop and mass health,GDPI growth of the Company was at...

Major global IT outage grounds flights, hits banks and businesses around the world

A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES,...

The fund managers Cat modeling keep winning bets

Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...