Indian
Bajaj Allianz launches usage-based motor insurance add-on cover
Pay-as-you-consume add-on cover can be opted by the customer along...
Japanese Encephalitis claims 1 more life in Assam; toll reaches 38
Japanese encephalitis virus (JEV) is the leading cause of viral...
Climate change adding layer of vulnerability to fragile Himalayas: Experts
“Climate change has added another layer of vulnerability. It is...
Maha: MACT awards Rs 10.94 lakh compensation to expat couple injured in accident during India visit
MACT member H M Bhosale directed the respondents — the owner of the...
International
EU regulator approves Moderna vaccine as fears grow over virus variants
Peruvian minister raises ‘controversy’ over Pfizer vaccine liability clause
Several other countries, including Brazil and Argentina, have raised concerns about liability waivers in their negotiations with Pfizer.
World Bank officials said on Tuesday they were working with countries to address the liability waiver issue which they said had emerged as one of the key obstacles to sealing vaccine supply deals.
AM Best ranks UnitedHealth Group and Allianz SE as world’s largest insurers
Aviation reinsurance rates rise by up to 250% – report
Insurers and reinsurers face claims from the crashes relating to hull and product liability that could amount to more than $2 billion, a large sum in a relatively small insurance sector, Willis Re International chair James Vickers told Reuters.
Aviation underwriters are also suffering from lower premiums due to worldwide lockdowns and travel bans, as insurance contracts are often negotiated based on the amount of time planes spend in the air.
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