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MARINE INSURANCE PERMIT
For foreign workers in Mideast, risk from Iran war collides with economic strain at homeA missile strike in the Mideast killed Mohammad Abdullah Al Mamun, a Bangladeshi migrant worker, highlighting the perilous situation for mi...
India expands Russian marine insurance optionsIndia has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more...
Iranian Navy guides Indian tanker through Strait of Hormuz, crew member saysAn Indian LPG tanker, guided by the Iranian Navy, navigated the Strait of Hormuz after diplomatic clearance from New Delhi. The vessel's cr...
Insurance chaos exposed: Why your policy gets dropped without warningAn insured driver learns his long-standing motor policy will not be renewed despite a minor claim. Experts reveal how insurers rely on broa...
Three more Russian insurers seek India's approval to provide cover for oil tankers, sources sayAs Western sanctions pressure Russia's oil exports, three more Russian insurers, including Sberbank Insurance, seek India's approval for ma...
Major insurance changes in Budget 2024: Combi products offering life, health insurance soon; will insurers sell mutual funds?Budget 2024 insurance changes: The government is set to introduce a Bill proposing significant changes to the Insurance Act. This could inc...
Russia reinsurer backs firms to get India marine insurance permit: SourcesA state-owned reinsurer in Russia has provided financial support to three Russian insurance companies. This backing enables them to obtain ...
WTO talks on fisheries subsidies is as chaotic as a fish marketEfforts to move from a consensus-based decision making to a voting system at the WTO is not good for global fish trade.
Sri Lanka to charge taxes for scrap metal extraction out of ship wreckageSri Lanka on Tuesday said that extraction of scrap metal out of the wreck of X-press Pearl, the Singapore-flagged container ship which went...
EU dilutes efforts to curb trade in Russian oil; inflationary pressure in Germany to increase“The EU announced a worldwide ban on the provision of maritime insurance to vessels carrying Russian oil two months ago, expecting co-ordin...
Macron wants the French to work longer, shake up welfare state
Tugs work to free giant container ship stranded in Suez CanalTracking maps had shown the ship grounded in the southernmost stretch of the waterway, between the Great Bitter Lake and the Red Sea port o...
New India will hit the stock market in 2017-18: G Srinivasan, New India AssuranceG Srinivasan, CMD, New India Assurance says that this is a year of high growth so all of us will be crossing our targets and the expectatio...
Fairfax floats another JV in general insuranceAs per the plan, Fairfax entities will own close to 45% of the joint venture, while Goyal will have a 15% stake and the remaining will be h...
JLT Insurance Brokers launches operationUK based JLT today said it is keen to increase its stake in joint venture JLT Independent Insurance Brokers, which formally launched its op...
- Budget 2012: Logistics sector should get industry status, says TCI
The government should look at according industry status to the logistics sector which will help the transporters avail the benefits of bein...
- Tokio may pay a premium for 26% in life JV with Edelweiss
Tokio Marine Holdings may pay a premium for a 26% stake that it will pick up in the proposed life insurance joint venture with Edelweiss Ca...
- P&I premium hike to make Indian shipping operations costly
Recession-hit shipping companies in the country are expected to experience yet another squeeze in their already constrained finances due to...
- Rel Cap to invest Rs 2,000-cr in insurance, enter PE, ARC biz
Anil Dhirubhai Ambani Group company, Reliance Capital, plans to enter the asset reconstruction, institutional broking, housing finance and ...
- Universal Sompo gets IRDA nod for non-life foray
Universal Sompo General Insurance has received permission from the insurance regulator to enter the non-life business in India.