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Here is a masonry blog layout with no sidebarJuly 1 reinsurance renewals confirm downward pricing pressure: Fitch
Pricing across most reinsurance lines continued to gradually fall, as it had at the January and April renewals, and rates for loss-free property programmes fell by 10%–15%. In contrast, US casualty pricing was broadly flat, and retrocession pricing and coverage...
Former Lloyd’s CEO John Neal to join AIG as President
John Neal, President-designate, AIG In this role, Neal will report to chairman & CEO, Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal...
EV sales in India set to cross 7 pc market share by FY28
"India's electric car sales penetration is likely to cross 7 per cent by FY28, provided rare earth disruption is resolved in a timely manner. With a robust pipeline of model launches, expanding EV charging infrastructure and battery localisation under the PLI scheme,...
Parliamentary panel on Income Tax Bill adopts report makes 285 suggestions
According to the government, the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience New Delhi: A Parliamentary panel examining the Income Tax Bill-2025 on Wednesday made 285 suggestions...
India’s passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery in H2 FY2026: SIAM
The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
SC directs FSSAI to implement Front-of-Pack nutrition labels on packaged foods
The Union health ministry has also recently proposed displaying sugar and oil boards as an initiative to promote healthier dietary habits in various settings. New Delhi: The Supreme Court of India has directed Food Safety and Standards Authority of India (FSSAI) to...
About 1.4 lakh new PMJDY a/cs opened under financial inclusion saturation campaign: FinMin
Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister
"Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore," Maharashtra Agriculture Minister Manikrao...
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ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26
The insurer's Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in Q1Fy...
ICICI Pru Life Q1 net jumps 34 pc to Rs 302 cr
ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, "We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite". New Delhi: ICICI Prudential Life Insurance on Tuesday...
Irdai forms panels to look into violations by insurers
"As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed," Irdai said....
General insurers rush to become preferred choices for Tesla’s EV customers in India
ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk's Tesla has set up its first show room in Mumbai for selling its electronic vehicles(EV)...
Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study
"In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone...
Some airlines checking Boeing fuel switches after Air India crash
The precautionary moves by India, South Korea and some airlines in other countries came despite the planemaker and the U.S. Federal Aviation Administration telling airlines and regulators in recent days that the fuel switch locks on Boeing jets are safe.The locks have...
Boeing settles with Canadian man whose family died in 737 MAX crash
Boeing has settled more than 90% of the civil lawsuits related to the two accidents, involving two fatal 737 MAX crashes in 2018 and 2019 that together killed 346 people, paying out billions of dollars in compensation through lawsuits, a deferred prosecution agreement...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance
The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge's plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
‘All Crew Muslim’: ships look to dodge Red Sea attacks with messages
Maritime security sources said even though shipping companies must step up due diligence on any tangential link to Israel before sailing through the Red Sea, the risk of attack was still high. Commercial ships still sailing through the Red Sea are broadcasting...