Welcome to My Blog
Here is a masonry blog layout with no sidebarMajority of top-100 companies making disclosures about carbon emissions: PwC India
The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and...
Health Insurance: IRDAI removes age cap on policies since Apr 1
“Insurers must ensure they offer health insurance products catering to all age groups. They may design products specifically for senior citizens, students, children, maternity, and other groups as specified by the Competent Authority,” stated a notification issued by...
CCPA calls for FSSAI investigation into allegations of Nestle putting sugar in baby products
Nidhi Khare,Consumer Affairs Secretary and Central Consumer Protection Authority (CCPA) chief Asserting that high sugar in baby products raises serious concerns about the potential implications for the health and safety of children in our country. The health and...
Dubai floods: Climate change making extreme weather events like heat and rain more intense
El Niño, the climate phenomenon that makes seas warmer and alters weather patterns globally, may have affected the storm. Climate change can’t be ruled out as a factor, though more detailed studies are needed to establish its exact influence, several climatologists...
States sue to block US rules curbing tailpipe emissions in cars, light trucks
Republican-led states also have challenged the U.S. Securities and Exchange Commission's corporate climate disclosure rules, the U.S. Energy Department's pause on approvals for new liquefied natural gas export facilities and EPA rules toughening standards for air...
Govt plans selling stakes in GIC Re, LIC in FY24/25
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares' value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the official...
Bandhan Life launches its new branding
The insurer will add 1,000 new members to its team in its immediate growth phase as it aims to fortify its presence and offer its products and services to its expanding customer-base across the country `Looking ahead, our vision for the next five years is set:...
Investor climate group to go for assets in private equity, debt
The Net-Zero Asset Owner Alliance, whose pension fund and insurer signatories manage $9.5 trillion in assets, said the new Target-Setting Protocol was its most ambitious yet to help halve emissions by 2030 and get to net-zero emissions by mid-century The world’s...
El Niño to trigger drought insurance payouts in four southern African states
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
Dubai faces heavy disruption as flooding worsens
The heavy rains across the desert nation came after cloud seeding. The UAE has been carrying out seeding operations since 2002 to address water security issues, but the lack of drainage in many areas can trigger flooding, including in cities such as Dubai that’s a...
Generali undertakes restructuring to focus on Insurance and and Asset management
Philippe Donnet,group CEO,Generali Thanks to a simpler and leaner approach, the new group’s organizational structure centering on insurance and asset management will accelerate the group’s transformation, and it will support the definition of the plan for the next...
Life insurance industry’s total premium grows by 2% to Rs 3,77 trillion in FY 24
LIC has seen its total premium falling by 4 per cent to around Rs 2,22 trillion in FY 24 26 private sector players, led by SBI Life Insurance, at Rs 1,55 trillion, have recorded a growth of 12 per cent in in their annual premium income. In terms of policies, the...
With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24
Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
Surbhi Goel to be appointed CEO Munich Re, India
Surbhi Goel, CEO designate, India Branch, Munich Re Munich Re, is the largest foreign reinsurance branch(FRB) in the India with over Rs 10,000 crore of premium in FY23-24.It set up its operations in 2017. Mumbai: Munich Re, the largest global reinsurer, today...
HDFC Life Q4 profit rises 15 pc to Rs 412 crore
Despite the budget changes impacting high ticket sized business this year, we delivered a healthy growth of 20 per cent for Q4 after adjusting for the one-off business of Rs. 1,000 crore in March 2023. Our stated aspiration of a double-digit growth for the full year...
Munich Re rejigs top APAC team, Hitesh Kotak to lead Japan, India, Korea and South-East Asia
Hitesh Kotak will lead Munich Re's Property & Causality (P&C) business in Japan, India, Korea and South-East Asia Surbhi Goel will be relocate to Mumbai from Singapore to be CEO India with effect from October 2024. Florian Gruson will be appointed CEO Japan...
Nestle adds sugar to baby food sold in India but not in Europe
The report said that Nestle adds sugar to infant milk and cereal products in several countries which is a violation of international guidelines aimed at preventing obesity and chronic diseases. Violations were found only in Asian, African, and Latin American countries...
17 pc of world’s elderly population will be in India by 2050: CBRE
"India's senior population is expected to experience a remarkable 254% growth, making it the fastest-growing demographic segment globally. By 2050, India is projected to house up to 340 million seniors, constituting approximately 17% of the world's elderly population"...