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Indian
PB Fintech loss widens to Rs 204 crore in Apr-Jun
The company in its financial performance report said that its...
New India’s net profit rises 32 % to Rs 118 crore in Q1FY23
``After a challenging FY22, Q1FY23 saw a turnaround with the...
GIC Re back in black, posts a net profit of Rs 690 crore in Q1FY2023
Devesh Srivastava, CMD, GIC Re ``We are targeting a Combined Ratio...
HDFC Ergo Gen launches ‘Pay As You Drive” cover
Anyone driving less than 10,000 km in a year can benefit up to 25%...
International
“Average ransomware payout grows from $10,000 per event in 2018 to more than $233,000 in 2020”er event in 2020
Above-average annual insured natural cat losses in 2020 despite multiple ‘near-misses’:Willis
In Asia, Tropical Cyclone Haishen caused under $1 billion of insured losses, well below those caused by similar storms during 2019’s cyclone season. The largest event of 2020 to hit Latin America and the Caribbean was hurricane Iota in November, with an estimated economic loss of about $1.3 billion, but a much lower insured loss.
India tells Sri Lanka to honour pact after Colombo takes back port contract
Sri Lanka had previously said the port would be 49% operated by India and Japan, with SLPA retaining the majority stake.The decision comes less than a month after a visit by Indian Foreign Minister S. Jaishankar to Colombo to shore up support for the 2019 deal, that also involved Japan and India’s Adani Group.
Scientists fear COVID-19 UK variant has mutated again
Tests conducted on samples of the Kent variant, named after the region in England where it was first detected, show a mutation, called ‘E484K’, already detected in the South Africa and Brazil variants. There are fears that this mutation could evade the immune system and that the vaccines currently being administered may prove less effective against these further mutating variants of the SARS-CoV-2 virus.
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