Monsoon Mayhem and Flight Disruptions

Monsoon Mayhem and Flight Disruptions: A Complete Guide to Travel Insurance Coverage in India

Monsoon Mayhem and Flight Disruptions: As India braces for an early and intense monsoon, major cities like Mumbai, Thane, and Nashik are already experiencing torrential rains, lightning, and flooding. These harsh weather conditions disrupt not only daily life but also significantly impact travel plans, especially flights. Travelers are encountering unexpected delays, diversions, and cancellations, causing…

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SBI General Insurance

SBI General Insurance: Appoints Mohd Arif Khan as Deputy CEO A Strategic Move to Accelerate Growth

SBI General Insurance: In a major leadership update, SBI General Insurance has appointed Mohd Arif Khan as the new Deputy Chief Executive Officer (Deputy CEO), marking a pivotal moment in the company’s ongoing transformation and expansion journey. With over 25 years of diverse experience in banking, primarily with State Bank of India (SBI), Khan brings…

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Patanjali and DS Group Acquire Magma General Insurance

Patanjali and DS Group Acquire Magma General Insurance: A Game-Changer in the Insurance Industr

Patanjali and DS Group Acquire Magma General Insurance: The general insurance industry in India is witnessing a significant transformation with the latest acquisition of Magma General Insurance by Baba Ramdev-led Patanjali Ayurved and Dharampal Satyapal Group (DS Group). This strategic move marks Patanjali’s entry into the financial services sector, expanding beyond its traditional stronghold in…

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Zuno Smart Drive

Zuno Smart Drive: India’s First Crash Detection-Enabled Car Insurance – Features, Benefits, How to Apply, and More

Zuno Smart Drive: Zuno General Insurance has once again disrupted the auto insurance space by launching India’s first real-time crash detection-enabled car insurance through its innovative Zuno Smart Drive. This revolutionary offering transforms how car insurance operates in emergencies by integrating advanced telematics directly into the Zuno mobile app. Unlike conventional systems that rely on…

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Insurance Fraud Exposed

Insurance Fraud Exposed: Four Family Members Arrested in Prayagraj, Uttar Pradesh

Insurance Fraud Exposed: In a shocking revelation from Prayagraj, Uttar Pradesh, a family-run gang was busted for committing large-scale insurance fraud using fake documents and forged photographs of deceased individuals. The fraudulent activity was centered in Karchhana, where the family members allegedly took out insurance policies in the names of people who had already died…

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Insurance Q4 FY25 Outlook

Insurance Q4 FY25 Outlook: Muted Performance Expected Due to Margin Pressure and Weak Growth

Insurance Q4 FY25 Outlook: The Indian insurance sector is projected to deliver a subdued performance in the fourth quarter of FY25, as analysts anticipate multiple headwinds impacting both life and general insurers. According to Yes Securities Limited, life insurance companies are grappling with shrinking value of new business (VNB) margins, primarily due to a shift…

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US Cyber Insurance Market Update 2025

US Cyber Insurance Market Update 2025: Rates Decline, Threats Evolve, and Cybersecurity Controls Strengthen

US Cyber Insurance Market Update 2025: The US cyber insurance market has entered a period of relative pricing stability, marked by a notable 5% average decline in insurance rates during the fourth quarter of 2024. This decrease continues a trend that reflects the increasing maturity of the cyber insurance industry, with rates stabilizing after years…

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SBI Card Major Policy Update: Air Accident Insurance Discontinued & Minimum Due Payment Rules Revised

SBI Card Major Policy Update: Air Accident Insurance Discontinued & Minimum Due Payment Rules Revised

SBI Card Major Policy Update: In a significant shift affecting lakhs of SBI credit cardholders, SBI Card has announced crucial changes to its credit card policies, effective from July 15, 2025. These updates mark the discontinuation of complimentary air accident insurance for several premium and co-branded cards, along with a revamped structure for minimum due…

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