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Here is a masonry blog layout with no sidebarBlurb We’re seeing a lot of investment in Africa by China and India on infrastructure projects. Munich Re can utilise its expertise and presence in these markets to ensure that both reinsurance markets benefit from the investments, instead of it being one sided....
Shriram Life Insurance reports a flat profit of Rs 158 crore in FY 24
Casparus J H Kromhout, MD & CEO, Shriram Life Insurance said, “These results aptly reflect the work we started a year ago by bolstering sales and aggressively expanding across rural India. 41 per cent of the total policies sold by Shriram Life Insurance are from...
WHO members hope to conclude global pandemic agreement next week
Negotiations are ongoing for two complementary deals that could be formalised at the May 27-June 1 meeting: an update to existing health rules on outbreaks and a new legally-binding treaty to shore up the world's defences against future pathogens after the COVID-19...
Singapore’s Income Insurance targets Asia Pacific expansion
Established in 1970, Income Insurance serves about 1.7 million customers in Singapore and is designated by the regulator as one of four systemically important insurers in the country. It offers services in areas such as life, health, travel and home insurance, as well...
Allianz is lead insurer for the Singapore Airlines aircraft
Under the Montreal Convention, Singapore Airlines is liable for accidents, which can include turbulence, on international flights regardless of whether the airline was negligent, according to U.S. aviation lawyers Allianz is the lead insurer for the Singapore Airlines...
Boeing faces ‘long road’ on safety issues, US FAA says
Boeing has faced mounting questions after a door panel detached during a Jan. 5 flight on a new Alaska Airlines 737 MAX 9, forcing pilots to make an emergency landing while passengers were exposed to a gaping hole 16,000 feet above the ground U.S. planemaker Boeing...
Tobacco and nicotine industry tactics addict youth for life
"History is repeating, as the tobacco industry tries to sell the same nicotine to our children in different packaging.These industries are actively targeting schools, children and young people with new products that are essentially a candy-flavoured trap. How can they...
COVID-19 eliminated a decade of progress in global level of life expectancy: WHO
Between 2019 and 2021, global life expectancy dropped by 1.8 years to 71.4 years (back to the level of 2012). Similarly, global healthy life expectancy dropped by 1.5 years to 61.9 years in 2021 (back to the level of 2012) Geneva: The latest edition of the World...
South Asia faces extreme weather with heatwave in India, cyclone in Bangladesh
Extreme temperatures throughout Asia last month were made worse most likely as a result of human-driven climate change, a team of international scientists said. India's summer temperatures often peak in May, but scientists have predicted more heatwave days than usual...
Kerala flood: Heavy rains wreak havoc, 11 dead
Revenue Minister K Rajan today said parts of Kerala received over 20 cm of rain in the last 24 hours and added that a total of 11 people have lost their lives in the state in various recent rain-related incidents Thiruvananthapuram: Heavy rains continue to lash Kerala...
Singapore Airlines’ Turbulent Flight: What went wrong?
While high-altitude turbulence isn’t a rare occurrence, resulting fatalities are. The phenomenon can be caused by rising pockets of hot air, or cumulonimbus clouds that are often accompanied by gusts and storms. At higher altitudes, aircraft might encounter sudden...
Global carbon pricing revenues top a record $100 billion: World Bank
World Bank report findings show large middle-income countries including Brazil, India, Chile, Colombia, and Türkiye are making strides in carbon pricing implementation. While traditional sectors like power and industry continue to dominate, carbon pricing is...
Air Turbulence: Flights leaving Tokyo dominate roughest long-haul services list
Strong turbulence is produced when air streams traveling at significantly different speeds come together. This is typically encountered at the boundaries of jet streams, over mountains and in certain cloud storms, according to the turbli website The deadly turbulence...
Max Life declares Rs1,826 crore bonus in Fy 23-24
Max Life Insurance Company (Max Life) has announced its highest-ever participating (PAR) bonus of Rs1,826 Crore for its eligible policyholders in FY23-24. The bonus is 14% higher than the bonus declared in the last fiscal. The declared annual bonus will be added to...
Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence: ABI
Under the Montreal Convention, Singapore Airlines is liable for accidents, which can include turbulence, on international flights regardless of whether the airline was negligent, according to U.S. aviation lawyers Travel insurance policies “will likely” cover injuries...
Loss Of 2.33 million hectares of forest cover: NGT Seeks MoEF&CCs response
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a newspaper report claiming a loss of 2.33 million hectares of tree cover across states since 2000 The NGT also sought a report from the director of the Survey of India showing...
Earnix highlights the potential of synthetic data in specialty insurance
The increasing demand for data in specialty insurance has prompted underwriters and brokers to begin harnessing synthetic data to supplement existing datasets, improving risk assessment efficiency. This is because synthetic data offers solutions to several key...
Seven dead more than 40 injured in massive blast at chemical factory in Thane district
Five men and two women were killed in the incident but their bodies were charred beyond recognition, said Yasin Tadvi, chief of the disaster management cell of the Thane Municipal Corporation Thane: As many as seven persons were killed and more than 40 injured...