Welcome to My Blog
Here is a masonry blog layout with no sidebar
Founder V Jagannathan quits Star Health’s board
V Jagannathan "…we wish to inform you that Venkatasamy Jagannathan vide e-mail dated June 10, 2023 has tendered his resignation from the Board of the Company with immediate effect from June 10, 2023," Star Health and Allied Insurance Company Ltd said in a BSE filing...
LIC to hold 5-day roadshows in Hong Kong, UK in June last week
The top management of LIC will interact with global investors through a series of meetings spread over five days and highlight the strength of the company The management will urge the investors to invest in LIC scrips as the company has huge potential, the sources...
Climate change and homeowners’ insurance are on a collision course
“The risk is unprecedented and the peak risks, which are what cause insurance companies to worry about insolvency, are the ones having the most change with climate.What we should expect to see is more of these pockets of insurance unavailability, where the market...
Putin signs law to establish Eurasian Reinsurance Company
The company will provide insurance support for the mutual and foreign trade of Eurasian Economic Union (EAEU) countries, Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. stimulate the development of investment cooperation, and support export loans and cooperation...
Russia-linked hackers give British Airways and the BBC a week to open ransom negotiations
The hacker group, known as Clop, said companies that use the secure file transfer product MOVEit from Progress Software Corp. should email it before June 14 or else it would publish stolen data, according to a statement on the gang’s darkweb page A Russian-speaking...
UK Eyes War-Risk Insurance Scheme for Ukraine’s reconstruction
The danger of war damage, as well as longer-term political and economic instability, have seen the costs of insuring investments in Ukraine shoot up, often pricing out both investors and private insurers. Ukrainian President Volodymyr Zelenskiy has called on allies to...
California insurers’ inability to price risk is causing headaches
State regulations ask wildfire insurers to set rates for annual catastrophic coverage as a fraction of damages accrued over 20 years — without mention of models that can capture the accelerated rate of land use change and development, weather and wind trends or the...
Many newborns dying due to loss of efficacy of antibiotics against sepsis: Study
Sepsis is a life-threatening bloodstream infection which affects up to 3 million babies a year globally. Every year, 214,000 newborn babies, mostly in low- and middle-income countries (LMICs), die of sepsis that has become resistant to antibiotics Newborn babies are...
Adding genomic info to blood biomarkers yields cost-effective results for chronic disease prevention: Study
"We found that in all the diseases, both genetics and biomarkers could provide useful information about disease risk, even ten years into the future. And the blood biomarkers provided better prediction in nearly all cases - for example, the 10 per cent of individuals...
India puts coastal states on alert amid warning of strengthening cyclonic storm
The Indian Meteorological Department (IMD), which categorised Biparjoy as a "very severe storm", said at 08:30 a.m. IST (0300 GMT) on Saturday the weather system was centered about 620 kilometres (385.25 miles) west-southwest off the financial capital Mumbai New...
Going Digital: Customising Premiums for Policyholders
Anuj Parekh, Co-founder and CEO,Healthysure How Technology advancements makes it easier to customize plans to an individual’s unique needs and bring down the premiums In a world where digital advancements are constantly reshaping our lives, the Indian insurance...
NASA mission to avert ‘internet apocalypse’ that could pause online access for months
Scientists have warned about the potential impact of an upcoming solar storm, commonly referred to as an "internet apocalypse", which could strike within the next decade NASA has launched a spacecraft as part of a mission in an effort to avert a potential "internet...
LIC raises stake in SAIL by 2%
Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm SAIL by about 2 per cent to to 8.68 per through an open market acquisition. LIC bought 8.26 crore shares or 2.001 per cent of equity capital at an average price of Rs...
Max Life launches Smart Wealth Advantage Growth Par Plan
Max Life Insurance Company Ltd. has launched Smart Wealth Advantage Growth Par Plan - a non-linked participating Individual Life Insurance Savings Plan. The plan combines the power of ‘Protection, Liquidity, and Flexibility’ into a simple solution and offers...
Brain tumour cases rising ‘steadily’ in India, 20% are children: Doctors
"India is witnessing an increasing trend of central nervous system tumours. The prevalence ranges from 5 to 10 per 1,00,000 population. Very few people know that out of these, only two per cent of tumours turn cancerous," said Ravindra Srivastava, Director...