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Indian
GIC Re’s net profit up 16% to Rs 1861 crore in Q2FY25
N Ramaswamy, CMD, GIC Re Though the largest Indian reinsurer has...
Net profit of National Insurance Company rises 80% to Rs 81 cr in Q2FY25
Going ahead, NIC is committed to its stake holders and the improved...
SBI Ventures plans to raise $237 million Climate Fund
The fund will invest in small and mid-sized companies that are...
General Insurance industry grows 28% to Rs 30,378 crore in Oct
In a note worthy trend, seven stand alone health insurers have now...
International
Japan casualty insurers sink on concerns over suspected price fixing
The allegations first came to light in June, when the insurers were...
Romania bids to clear Danube logjam after Ukraine attack, insurers impacted
Ukraine will insure ships that import and exports goods through the...
UK govt attempts to bolster security of critical energy infrastructure
Energy and climate have risen up the political agenda following...
New COVID variant EG.5.1 spreading quickly in UK: Report
"We continue to see a rise in COVID-19 cases in this week's report....
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Facts
Why are Amazon fires potentially sparking global climate crisis?
A record number of fires ravaging the Amazon has drawn international outrage because of the rainforest’s importance to the global environment and prompted Brazilian President Jair Bolsonaro to dispatch the military to assist in firefighting. Here is what...
Being discreet won’t help: Hackers can intercept smartphone sound and detect what you type
NEW YORK: Using just a smartphone, hackers can listen to what is being typed with remarkable accuracy and access your personal information. According to researchers from Dallas-based Southern Methodist University (SMU), it's possible to...
Japanese flying car takes flight – for about a minute
Tokyo: It was caged and only hovered for about a minute, but it flew: a new flying car. Made by NEC Corp., the vehicle is essentially a large drone with four propellers that’s capable of carrying people. The Japanese electronics maker demonstrated the...
Artificial Intelligence helps to contain wildfires, predict wild weather
On a tower in the Brazilian rainforest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren’t human. They don’t blink or take breaks, and guided by artificial intelligence they can tell the difference between a dust cloud,...
Mexico oil company Pemex offers health bonuses for employees with skinnier waists
At Mexico’s state-run oil company, skinnier waists mean bigger bonuses. Under Petroleos Mexicanos’s new collective bargaining contract with its union, workers who meet certain body weight standards will receive a “health...
