Earth observation data offers a massive economic opportunity, potentially worth over USD 700 billion annually. However, a significant porti...

The Tampa, Florida-based company and some of its backers are seeking to raise up to $283.3 million by offering 16.7 million shares priced ⁠...

A neighborhood dispute over a fallen tree and a Rs 72,000 compensation demand has gone viral. A man claims his neighbor, who regularly park...

$1 million home vs 401(k) retirement strategy: Housing prices have jumped nearly 55% since 2020, and that single number is reshaping the $1...

India needs a diversified financial strategy to manage disaster risks, as about 90% of economic losses from natural disasters remain uninsu...

India is a hugely under-insured country and the insurance sector and governments need to actively engage and discuss how best to address th...

Mainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise fund...

General insurers are likely to take a hit to the tune of Rs 4,000 cr from calamities, thus they plan to increase premia under catastrophe c...

Even though 90% of people are aware about it, only 20% opt for travel insurance when they hit the road, industry sources said.

GIC Re has called for a common disaster management platform for the SAARC nations to tackle the rising incidence of natural disasters in th...

"According to estimates, economic losses from both natural catastrophes and man-made disasters reached $ 37 bn in the first half of 2015," ...

GIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...

Disasters like the one in Jammu & Kashmir lead to tremendous loss of lives, leaving the bread earner's dependants financially vulnerable.

The public insurer had earlier said it was likely to see around Rs 150 crore claims from the Uttarakhand disaster.

Former LIC chairman T S Vijayan's name has been proposed for heading IRDA but a formal announcement is still awaited.

As the recent earthquake in Sikkim shows, no one is immune to natural calamities. Insuring your house will not only protect this costly ass...

It is not just the financial crisis that is proving costly for economies, but natural and man-made disasters are also eroding global wealth...