TAG: Insurance
Expensive fuel and million dollar missiles: Counting the cost of the Red Sea crisis
The combat reports from Western navies operating in the Red Sea in recent days read like missives fr...
8 months ago
Rishi Sunak appears to rule out spring UK election
LONDON — Rishi Sunak said his “working assumption” is that he won’t call a U.K. general election unt...
8 months ago
The Gaza war is escalating. How bad will the Middle East crisis get?
On October 7, Hamas fighters launched a bloody attack against Israel, using paragliders, speedboats...
8 months ago
How Houthi rebels are threatening global trade nexus on Red Sea
The U.S. is mustering an international armada to deter Iranian-backed Houthi militias from Yemen fro...
8 months ago
UK and Switzerland strike ‘first of its kind’ financial services deal
LONDON — The U.K. and Switzerland have signed a financial services deal described as the “first of i...
8 months ago
Red Sea attacks strain Europe’s supply chains
Cargo shipments between Asia and Europe are being disrupted by continued attacks on vessels in the R...
8 months ago
Help us build wind farms to beat Russian bombs, Ukraine tells EU
Building more green energy plants will help Ukraine keep the lights on as Russia bombards the country's power system, the head of the country’s largest private energy firm told POLITICO. But Ukraine needs the EU to do that.In an interview, DTEK CEO Maksym...
6 months ago
France talks tough on Ukraine while gobbling up more Russian gas
BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months ago
Insurance regulator IRDAI abolishes age restriction on health insurance product
With a view to widen the market and foster adequate protection from healthcare expenses, insurance regulator IRDAI has removed the age limit of 65 years for individuals buying health insurance policies. This marks a significant departure from the conventi...
5 months ago
EU agrees to tackle Russia’s shadow oil fleet, Sweden says
LUXEMBOURG — The European Commission will look into ways to deal with Russia's shadow oil fleet as part of the next package of sanctions, Sweden's Foreign Minister Tobias Billström said in an interview Monday.The shadow fleet, which consists of an estimat...
5 months ago
EU finally ready to bring down Russia’s gas empire … sort of
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia’s lucrative gas sector.But the proposals on the table would only touch a fraction of the billions M...
5 months ago
Govt asks public insurers to move out of motor, health insurance to reduce losses: DFS Secy
The Union government has asked the public sector insurance companies, who are struggling to improve their solvency ratio and profits, to come out of motor and health insurance segments, which have been identified as significant loss-making areas. This dir...
2 months ago
Labour’s top policy priorities
LONDON — Keir Starmer has arrived in Downing Street with his new Cabinet. So what are their first priorities?Big-ticket items include decarbonizing the electricity grid by 2030, building 1.5 million homes over five years, hitting long-missed health servic...
2 months ago
Europe’s southerners want Brussels to save them from climate change
ATHENS — They make an odd couple: a Harvard-educated Greek conservative and a Spanish eco-socialist.But Kyriakos Mitsotakis and Teresa Ribera are united by a concern which is driving a wedge between Europe’s climate-hit south and the less-affected north.T...
2 months ago