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Indian Market Terrorism Risk Insurance Pool

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'Sooner or later, we will hear news about Dawood's end'

'After Rajan is back in India, our resident dons are almost down. I won't say that they are out. So, now the obvious question is about Dawood, and the present government, I think, is more than......

The loopholes in the Nuclear Liability Bill

In the second part of a three-part series, Manoj Kumar and Lydia Powell, in an Observer Research Foundation study, discuss at length the various loopholes in the Nuclear Liability Bill, whose......

The text of President Kalam's speech

The text of President A P J Abdul Kalam's address to the joint sitting of Parliament:Honourable Members,I am delighted to address the first session of both Houses of Parliament after the elections......

More Indian companies opt for terrorism insurance

While proposals for covers in volatile markets aren't denied, premiums are much higher - by as much as 100-600%. Image: Threats from Islamic State militants, the Syrian conflict, violence by Boko......

Size of terror risk insurance pool might touch Rs 1,800 cr

The Indian Market Terrorism Risk Insurance Pool is likely to see an uptick in capacity with a rise in global terror incidents. According to insurance officials, the size of the pool, currently at......

Oriental seeks reinsurance cover for IPL

Despite the uncertainty surrounding the Indian Premier League (IPL) dates, public sector insurer Oriental Insurance Company (OIC) is close to finalising a Rs 400 crore (Rs 4 billion) for the mega......

Pay more for terror cover from April 1

Terror insurance covers are going to cost more from April 1 with the General Insurance Corporation, the Indian reinsurer and the manager of the terror pool, getting regulatory approval to increase......

GIC may raise terror cover

General Insurance Corporation is planning to raise the scope of the terrorism insurance cover, for a single incident at one location, to Rs 1,000 crore (Rs 10 billion) from Rs 750 crore (Rs 7.5......

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