Earth observation can add USD 263 billion in annual economic value globally: ReportEarth observation data offers a massive economic opportunity, potentially worth over USD 700 billion annually. However, a significant porti...
09 Jun, 2026, 11.37 PM IST
Florida insurer Safepoint eyes $1.16 billion valuation in US IPOThe 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 ...
26 May, 2026, 08.06 PM IST
Man loves neighbour's tree shade, parks his car under it for years. Storm hits and then demands Rs 72,000 from neighbour for car damage. Should he pay?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...
26 May, 2026, 10.41 AM IST
$1 million home or $1 million in 401(k)? The retirement choice that could change your future$1 million home vs 401(k) retirement strategy: Housing prices have jumped nearly 55% since 2020, and that single number is reshaping the $1...
22 Apr, 2026, 11.21 PM IST
Pooling together to tackle riskIndia needs a diversified financial strategy to manage disaster risks, as about 90% of economic losses from natural disasters remain uninsu...
27 Sep, 2024, 11.06 PM IST
India needs insurance pool to cover natural disasters: SBI ResearchIndia is a hugely under-insured country and the insurance sector and governments need to actively engage and discuss how best to address th...
17 Jul, 2023, 11.02 PM IST
China encourages mainland insurers to sell catastrophe bonds in Hong KongMainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise fund...
27 Sep, 2021, 01.03 PM IST
General insurers mull hiking premia for natural disastersGeneral 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...
13 Jul, 2016, 12.39 PM IST
Natural disasters & terrorism drive sales of travel insuranceEven though 90% of people are aware about it, only 20% opt for travel insurance when they hit the road, industry sources said.
01 Jan, 2016, 05.44 PM IST
GIC Re moots common disaster management platform for SAARC countriesGIC Re has called for a common disaster management platform for the SAARC nations to tackle the rising incidence of natural disasters in th...
15 Nov, 2015, 11.20 AM IST
Global economy loses $37 billion from calamities in H1 2015: Report"According to estimates, economic losses from both natural catastrophes and man-made disasters reached $ 37 bn in the first half of 2015," ...
11 Aug, 2015, 10.35 PM IST
GIC Re plans to set up national catastrophe fundGIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...
23 Nov, 2014, 11.55 AM IST
Natural disasters are beyond your control, better be insuredDisasters like the one in Jammu & Kashmir lead to tremendous loss of lives, leaving the bread earner's dependants financially vulnerable.
12 Sep, 2014, 11.34 AM IST
New India Assurance does not see many claims from cyclone 'Phailin'The public insurer had earlier said it was likely to see around Rs 150 crore claims from the Uttarakhand disaster.
24 Oct, 2013, 04.21 PM IST
Funds managed by insurers to touch Rs 30 lakh crore in 5 years: IRDA chiefFormer LIC chairman T S Vijayan's name has been proposed for heading IRDA but a formal announcement is still awaited.
20 Feb, 2013, 03.28 PM IST
- Home insurance: Cover your home against natural disasters
As the recent earthquake in Sikkim shows, no one is immune to natural calamities. Insuring your house will not only protect this costly ass...
26 Sep, 2011, 03.44 AM IST
- Natural, man-made disasters wipe out $269 bn globally in '08
It is not just the financial crisis that is proving costly for economies, but natural and man-made disasters are also eroding global wealth...
29 Mar, 2009, 10.20 AM IST