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Indian

SC asks general insurers to develop an app for expediting MACT claim payments

Nov 18, 2021

If the GI Council and other insurance companies fail to...

Modi urges global cooperation to make cryptocurrencies safe

Nov 18, 2021

Prime Minister Narendra Modi . Prime Minister Narendra Modi India's...

India’s Paytm crashes in market debut, business model questioned

Nov 18, 2021

Paytm, backed by China's Ant Group and Japan's SoftBank and...

Number of people fully vaccinated against COVID-19 surpasses those partially vaccinated

Nov 18, 2021

Union Health Minister Mansukh Mandaviya Eligible people across...

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International

WeWork directors seek to preserve right to sue SoftBank over failed $3 billion tender

May 14, 2020

In the motion, WeWork’s special committee, filed a “status quo order” which would preserve the committee’s authority pending the outcome of the legal case between WeWork and SoftBank. A judge in Delaware court last month set the trial date for the case for early January.

Lloyd’s of London to pay up to $4.3 billion in coronavirus claims

May 14, 2020

Insured losses are likely to total $107 billion, similar to natural catastrophe losses in 2005 led by Hurricanes Katrina, Rita and Wilma and to 2017 including Hurricanes Harvey, Irma and Maria, Lloyd’s said.

Global trade fell 3% in Q1 of 2020 due to Covid-19; may slide further: UN

May 14, 2020

“Everywhere governments are pressed to make post-Covid-19 recovery decisions with long-lasting consequences,” said UNCTAD Secretary-General Mukhisa Kituyi.

AXA’s Garance Wattez-Richard bags “Geneva Association Women in Insurance Award” for initiatives on underserved populations

May 14, 2020

Ms Wattez-Richard founded AXA’s Emerging Customers business in 2016. It now distributes insurance to 18 million customers across Asia, Africa and Latin America by engaging over 50 public- and private-sector partners in 10 countries. Among its successes, AXA protects 500,000 entrepreneurs in Egypt, 75% of whom are women, and partners with Airtel Payment Bank in India to protect 3 million customers.

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