Altadena, California, (Reuters) – The recent wildfires in the Los Angeles area have left communities like Altadena grappling with profound loss and uncertainty. At least 11 lives have been claimed, and over 10,000 structures have been destroyed or severely...

Meil Business Newspaper  Seoul – The financial authorities have set the compensation limit for victims of the Jeju Air passenger plane crash at Muan International Airport at $1 billion (approximately 1.472 trillion won). This compensation is part of a...

New Delhi – Prime Minister Narendra Modi of India has recently launched the “LIC Bima Sakhi Yojana” in Panipat, Haryana, an initiative aimed at empowering women and expanding insurance penetration across rural India. The scheme, introduced by the Life...

Miami, FL – The Global Insurance Forum (GIF) 2024, hosted by the International Insurance Society (IIS), took place from November 17 to 19 at the Hyatt Regency Miami, bringing together industry leaders, innovators, and policymakers from around the world....

India govt open to selled stake in GIC Re, LIC in FY24/25, says source Delhi (Reuters)  – The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India...