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OCTOBER INSURANCE REPORT
Pollution-linked health insurance claims rise 4.3 times in three years: ReportHealth insurance claims related to pollution have increased markedly over the last three years. Cardiovascular and respiratory conditions c...- Europe holidays face a confidence test as protests cloud winter travel outlookAs the year-end holiday season approaches, Indian tourists are less interested in traditional European destinations. Protests and unrest ac...
- General insurers clock 10.5% premium growth in OctoberGeneral insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also report...
- Jake Bauers contract: Boston Red Sox agrees to $58 million deal. Stats, achievements of Milwaukee Brewers breakout star Jake Bauers who almost quit 2 seasons backBoston Red Sox contract: Two seasons after he nearly quit baseball, Jake Bauers has become a big hitter in the middle of the Milwaukee Brew...
- Life insurers thrive on group cover in Oct as retail APE lagsLife insurance firms in India experienced a noteworthy 26% rise in new business premiums year-over-year for October, thanks mainly to robus...
- SpiceJet reveals its comeback game plan as a turbulent battle to reclaim lost ground unfoldsSpiceJet is currently enhancing its operational capacity to address flight delays and cancellations. The airline has started adding leased ...
- Senior citizen's ₹10 lakh health insurance policy cancelled despite disclosing pre-existing disease; here's why he fought and wonA 70-year-old doctor battled Care Health Insurance over the cancellation of his policy, which the insurer claimed was due to undisclosed pr...
- MeitY flags physical AI data; US data centre woes may help IndiaHappy Friday! MeitY is examining how home services platforms collect household data to train physical AI models.This and more in today’s ET...
- A $1.2 million Persian soldier bas-relief was stolen twice; later a 1936 archive helped bring it backA 2,500 year old Persian soldier relief was stolen from Persepolis in the 1930s and again from a Montreal museum in 2011. After it surfaced...
- Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouseFairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine ...
- India’s Russian fossil fuel imports hit record €6.4 billion in October: CREAIndia was the world’s second-largest buyer of Russian fossil fuels in October, with purchases hitting a record €6.4 billion, according to C...
- Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
- Tata Electronics in talks to raise $2 billion for expansionThe first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at ...
- Trump's Iran war pause is as costly as new strikesGulf energy producers are facing higher operational costs due to the ongoing conflict with Iran. While crude oil exports have shown a recov...
- Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPIFederal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose ...
- LIC shares fall 3% as Q2 VNB misses estimates. Jefferies cuts target but lists 3 reasons to buy the stockLIC reported a 20% year-on-year rise in Q2 consolidated net profit to Rs 12,115 crore, while net premium income grew 16% to Rs 1.47 lakh cr...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- Travel insurer says no to toenail injury treatment of 62-year-old woman injured during US visit; court orders company to reimburse over Rs 89,000 for treatment in United States and pay Rs 30,000 as compensation for mental harassmentA 62-year-old woman successfully challenged her travel insurer after it denied reimbursement for a toenail injury. She sustained the injury...
- New orders & robust demand lift India's October services growth to 4-month highGrowth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Ser...
- Institutional investors step up bets on private credit as insurers, pension funds and DFIs back new fundsInstitutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alte...
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