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Here is a masonry blog layout with no sidebarEarly warning system for India’s flooded glacial lake was delayed by a year
In recent years, glacial flood early warning systems have been deployed in China, Nepal, Pakistan and Bhutan as climate change has raised the risks of flooding. The Lhonak Lake system is a pilot project being executed with the help of Swiss agencies, with India’s...
Wealth Management: Digitally empowering relationship managers key to growth of business, Accenture
“With growing investable wealth in India, banks and wealth management firms have a huge opportunity for growth. It is imperative that they digitally empower their relationship managers using generative AI and intelligent automation so they can significantly step up...
Use of Weather Derivatives surges as extreme climate events rock the globe
Weather derivatives let buyers hedge against the risk that the weather will damage their business. Unlike insurance, where companies must prove they have suffered a loss, they pay out based on indexes. These might track the temperature in Paris or rainfall in New York...
Israel’s ports feel strain as shipping traffic slows after attacks
Israel is among countries in the Middle East already considered a high-risk area by insurers in the London insurance market, a key center for marine insurance cover.Ships pay an additional war risk premium for seven-day voyages to Israel. Since Saturday’s attacks...
Global economic losses from extreme weather could hit $5 trillion -Lloyd’s
“The global economy is becoming more complex and increasingly subject to systemic threats,” said Trevor Maynard, executive director of Systemic Risks at the Cambridge Centre for Risk Studies London: Global economic losses could reach $5 trillion under a “plausible...
Insurtech InsuranceDekho raises $60 million at $650mn valuation
“We will use this money for M&A opportunities, to build a strong tech product team, for branding and we’re going to use it to open new business lines like getting into reinsurance,” Ankit Agrawal, the founder and chief executive officer of InsuranceDekho, said in...
Intangible Risks: 80% of global listed companies’ $ 76 trilion digital assets value remains uninsured, says Swiss Re
South Korea came out on top of the Swiss Re's Insurance Digitalisation Index, followed by Sweden, Finland and the US. While advanced markets with strong physical infrastructure and high internet access rates have made most progress in digitalising their economies,...
Equity mutual funds record significant net inflows in Sep
While the overall net flows experienced a dip in various categories, it is noteworthy that thematic/sectoral funds extended their positive trend into the current month, attracting the highest net inflows New Delhi: Inflow into equity mutual funds slumped by over 30...
Indian govt panel wants car ratings tied to improved connectivity -draft
In a country with high accident rates, the advice could force automakers to equip the connected cars, as they are known, with technology using the airwaves to send warnings between drivers, and communicate with road systems like traffic lights. New Delhi: An Indian...
Bharti to acquire AXA’s 49% stake in Indian life Insurance JV, scouts for new partners, AXA exits both Indian life and non-life biz
Bharti’s intention is to ensure that the life Insurance business continues to serve the Indian market and, in this regard, it is engaging with other strategic and financial investors to partner and or combine, so as continue to scale this business New Delhi: Sunil...
LIC receives Rs 37,000 tax notice from J&K GST body
The Jammu & Kashmir GST authority has calculated the pending dues of the LIC saying the corporation has paid taxes at 12% instead of 18 % on certain invoices Mumbai: Life Insurance behemoth Life Insurance Corporation(LIC) on Wednesday said it has received a demand...
Tata AIG General launches a faster process for online travel insurance claims
Tata AIG General Insurance Company has introduced a faster process for online travel insurance claims. The customers can simply register their claim directly on the tataaig.com website, submit the relevant documents, and track its status, minimizing the need to engage...
Climate change may make India and the Indus Valley too hot for up to 2.2 billion: Study
Results of the study indicate that if global temperatures increase by 2 C above pre-industrial levels, the 2.2 billion residents of Pakistan and India’s Indus River Valley, the one billion people living in eastern China and the 800 million residents of sub-Saharan...
Stroke could cause nearly 10 million deaths annually by 2050: Lancet study
The report recommended establishing cost-effective surveillance systems for precise epidemiological stroke data to guide prevention and treatment Strokes, a highly preventable and treatable condition, could lead to nearly 10 million deaths annually by 2050, primarily...
Cyber insurance: Indian market set to witness exponential growth, Deloitte’s report
Indian cyber insurance market is valued at USD 50-60 million, maintaining a steady 27-30 per cent compound annual growth rate (CAGR) in the past three years Anand Venkatraman, Partner, Risk Advisory, Deloitte India, said, "Despite the current market fluctuations and...
California Governor signs bill expanding conservatorship law
The law is designed to make it easier for authorities to provide care to people with untreated mental illness or addictions to alcohol and drugs, many of whom are homeless. Local government said their hands are tied if a person refuses to receive help under existing...
netreach.co.in – One Stop Website for Sexual Healthcare in India
The primary objective of NETREACH is to accelerate the national HIV response in India by targeting the first 95 goals set by the National AIDS Control Programme (NACP). It runs with support from India HIV/AIDS Alliance and with guidance from the National AIDS Control...
Use of digital technology in mental health a force multiplier: Mandaviya
''Mental health is a universal human right. The use of technology in mental health care is a force multiplier. The Tele Manas Seva, launched last year on the occasion of World Mental Health Day, has counselled more than 3,50,000 people till date and currently provides...