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PARAMETRIC
Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...- RBI finalises NBFC-UL norm that may see Tata Sons listIndia's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...
- Extreme heat tests India's record milk productionIndia's booming dairy sector, a global leader, faces a significant threat from escalating heatwaves. Farmers like Neeraj Bharadwaj are witn...
- PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
- Go Digit paid India’s first insurance claim using parametric product for agriculture, it saidGo Digit General Insurance has disbursed payouts to around 500 farmers in Rajasthan. This marks a significant step in climate-linked insura...
- Why Union Budget 2026 could be crucial for expanding insurance coverage in IndiaAn industry perspective on the reforms and incentives Budget 2026 could introduce to strengthen insurance adoption, manage emerging risks a...
- India considers introducing nationwide climate-linked insurance schemeIndia's government is in early talks with local insurers to design a nationwide climate-linked insurance program. This parametric model wou...
- How migrant labourers in Noida can get insurance payout of Rs 3000 if temperature risesDigit Insurance is settling claims for Noida's migrant labourers due to extreme heat. This heat-index based cover offers quick financial re...
- Is parametric insurance the next big thing in insurance?As climate, technology, and disaster risks intensify, parametric insurance offers a fast, data-driven alternative to traditional models. Fr...
- Digit Insurance partners with KMD to offer AQI-based Parametric Insurance to construction workersDigit Insurance, in partnership with KM Dastur Reinsurance Brokers, introduces an AQI-based parametric insurance policy to financially supp...
- High premium costs for parametric insurance flagged at NDMA meet amid GST concernsThe National Disaster Management Authority (NDMA) discussed the high cost of parametric insurance premiums and the imposition of 18 percent...
- Extreme heat cover, the right coolantIn response to increasing heat-related challenges, especially impacting informal sector workers, efforts are being made to mitigate financi...
- Government initiates parametric & hydroelectric insurance pools for enhanced disaster protectionThe government, led by GIC chairman Ramaswamy Narayanan, is developing parametric and hydroelectric insurance pools to enhance disaster pro...
- Insurers may get aid to deal with nature's furyThe standing committee on finance-headed by former minister of state for finance Jayant Sinha has considered issues around reinsurance foll...
- Auto Expo 2023: Hyundai Motor India launches all electric model Ioniq 5, price starting at Rs 44.95 lakh"Ioniq 5 represents our shift towards future mobility with tenets that encapsulate intelligent technology, innovation and sustainability," ...
- Hyundai teases new Elantra, will launch it on March 17The sedan will have a ‘Immersive Cocoon" designed interior, which as per the car maker, creates a driver-focused user experience. Low and w...
- Harsh Vardhan opens Multi-Parametric Geophysical ObservatoryUnion Minister of Science and Technology Harsh Vardhan inaugurated the Multi- Parametric Geophysical Observatory set up by the Indian Insti...
- Lok Sabha poll 2014 will be fought on how UPA "mismanaged" economy: BJPBJP accused Congress-led UPA of nearly "destroying" the country's economy despite having an economist as prime minister.
- 5 Delhi hospitals not strictly adhering to biomedical waste management rules: Jayanthi NatarajanFive Delhi-based hospitals have been found to be not strictly adhering to the parametres prescribed under the bio-medical waste management ...
- Sanjay Verma is new PTC VPFormer ITC InfoTech Managing Director Sanjay Verma has just relocated to Boston as Senior Vice President of Parametric Technology Corporati...
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