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Indian
GST Council approves ‘Track and Trace Mechanism’ to curb evasion
"The system shall be based on a Unique Identification Marking which...
GST Council to set up GoM to look into Andhra’s demand for 1 pc calamity cess
The GoM in January 2019 decided to approve the levy of 1 per cent...
NPS assets under management to touch Rs 15 lakh cr by fiscal end: PFRDA Chairman
(L to R)- Rama Mohan Rao Amara, MD of State Bank of India; Deepak...
GST Council exempts tax on insurers’ contributions to Motor Vehicle Accident Fund, defers any decisions on life and health covers
No decision was taken with regard to reduction in GST on insurance...
International
Insurers’ climate losses almost match premiums from fossil fuels
On average, fossil-fuel premiums account for less than 2% of total...
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
GM on Tuesday said it would get out of robotaxis “given the...
Nippon Life in talks to buy Resolution Life in deal worth $8.2 billion
Cross-border M&A involving Japanese companies has surged this...
Arthur J Gallagher strikes $13.5 billion deal to strengthen US insurance broker business
Gallagher follows in the footsteps of rivals Aon and Marsh...
Briefs
Magma HDI General Insurance ties up with Mahindra Finance
Magma HDI General Insurance Company has entered into a corporate...
Bandhan Life expands its strategic partnership with Bandhan Bank into Northern India
Bandhan Life has announced the expansion of its strategic...
Events
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Articles
18% GST on premiums: a significant deterrent to insurance purchase and penetration
Experts argue in favour of removal of 18% GST on Health covers to...
EV Battery Fires: South Korean blaze puts spotlight on safety concerns
Auto experts say EV battery fires burn differently than fires in...
Global IT outage: Enhancing cyber resilience
The incident highlights the need to shift our perception of...
Features
Data
Interviews
“APAC Cyber markets to become more buyer-friendly as new capacity becomes available and rates continue to stablise”
In an exclusive interview with Asia Insurance Post, Adam Peckman,...
“PMFBY premium can come down by exploiting more technology to bring in more transparency and objectivity in loss assessment’’ Malaya Poddar,CMD, Agriculture Insurance Company
Malaya Poddar,CMD, Agriculture Insurance Company AIC's market share...
Facts
‘India staring at infertility crisis may alter population dynamics ‘ says top IVF chain Founder
"This silent epidemic, affecting one in six couples, is rapidly evolving into a national emergency with far-reaching consequences for India's societal structure and economic prospects," Dr Ajay Murdia, Founder and Chairman of Indira IVF, said Hormonal issues,...
‘Lab-grown’ meat maker hosts Miami tasting party as Florida ban goes into effect
Earlier this year, Florida and Alabama banned the sale of cultivated meat and seafood, which is grown from animal cells. Other states and federal lawmakers also are looking to restrict it, arguing the product could hurt farmers and pose a safety risk to the public...
Sedentary, non-coffee drinkers at 60% more risk of dying, study finds
Further, the team also found that sitting for more than eight hours a day was linked with over 40 per cent higher risk of death from any cause and almost 80 per cent higher risk of dying due to heart disease New Delhi: Non-coffee drinkers who sat for six or more hours...
Nearly 50 adults in India insufficiently physically active in 2022 Lancet Study
They projected that in 2030, 60 per cent of the adults could be insufficiently engaging in physical activity, should current trends continue New Delhi: Almost 50 per cent of adults in India engaged in insufficient levels of physical activity in 2022, according to a...
US Surgeon General calls for social media warning labels to protect adolescents
Vivek Murthy, Surgeon General,US US Surgeon General Murthy wrote in the New York Times on Monday that a warning label alone will not make social media safe for young people but that it can increase awareness and change behavior as shown in evidence from tobacco...