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Data centers are stewing in their own pollutionA new study reveals a significant portion of planned data centers face high climate risks, potentially becoming uninsurable due to extreme ...- Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCLMarkets extended their winning streak for the fourth consecutive session, driven by favorable global cues and sustained sector-wide buying....
- Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.
- Commercial property insurer FM launches new insurance policy for manufacturers in IndiaThrough FM Essential, insurance company FM says it can support a broader group of manufacturing companies with their resilience journeys.
- Allianz, Jio Financial Services ink 50:50 insurance JV to tap India’s growing marketJio Financial Services and Allianz Group are partnering to launch a new insurance venture in India. This 50:50 joint venture will offer gen...
- India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
- Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...
- From insurance purchase to strategic risk management: A shift in Indian corporate thinkingIndian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...
- JC Flowers backs Niyam reinsurance bet as GIFT City gains tractionJC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly...
- Allianz Jio Reinsurance begins operationsAllianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...
- Cos may have to pay more for fire and engineering coverBusinesses and industrial units will see increased premiums for fire and engineering insurance starting January. Catastrophic events like f...
- Munich Re tightens term insurance underwritingBuying high value term insurance will require proposers to not just provide proof of income but also salary statements. Reinsurance giant M...
- GIC Re backs Rs 2l-crore cover to Reliance Industries unitsReliance Industries has paid a Rs 625-crore premium for the cover shared by 10 insurers.
- GIC Re eyes Rs 100-crore premium from nuclear pool this fiscalThe sole national reinsurer GIC Re is hopeful of collecting Rs 100 crore premium from the recently launched nuclear insurance pool this fin...
- Reinsurer Swiss Re plans to enter IndiaSwiss Re is planning to set up shop in India after the country permitted foreign companies that cover the risk of insurers to open branches...
- Warren Buffett’s Berkshire Group pulls out of General Insurance Corporation dealWarren Buffett’s Berkshire Group pulled out of the reinsurance business with GIC after the latter terminated a 3-yr contract without paying...
- Top reinsurers want higher share of claim from insurersLarge insurance claims linked to major fires during the current financial year have induced top global reinsurers like Munich Re, Swiss Re ...
- GIC plans to impose riders on co-insurance practicesGeneral Insurance Corporation (GIC) isn't too pleased with the way large corporate covers are being co-insured.
- AIG's rating woes to shake up Indian reinsurance marketIndian non-life insurance companies are anxiously waiting to see the impact of AIG’s troubles on the ratings of its reinsurance arm.
- PSUs refuse to share insurance cover at ICICI Lombard priceState-owned insurers are refraining from giving a coinsurance commitment to IndianOil with the same terms as ICICI Lombard General Insuranc...
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