Tue, 21-Oct-2025

India: Telangana official fakes death for insurance money, arrested

Afghan
  • Dharma allegedly killed a car driver and then faked his demise To obtain insurance money.
  • Police had identified the dead as Dharma based on the license plate number.
  • The case took a drastic turn when police attempted to track Dharma’s cell phone.

A Telangana government employee has been detained for reportedly faking his death by murdering his driver in order to collect insurance money.

A week after the body of Dharma, an Assistant Section Officer in the Telangana State Secretariat was discovered in a charred automobile in Medak district, the case took a dramatic turn when police discovered him alive.

Dharma was allegedly apprehended in Goa and was transported to Hyderabad.

On January 9, a car and a man’s burned body were discovered in a canyon outside Venkatapur hamlet in the district. Near the automobile, a bag and a container half-filled with gasoline were discovered.

The police had identified the dead as Dharma, 48, based on the license plate number of the automobile and identity card discovered in the luggage.

Police believed that the lack of guardrail on the embankment may have caused the car to fall into the gorge. Police opened a case of suspicious death and began an extensive investigation.

The inquiry into the case took a drastic turn when police attempted to track Dharma’s cell phone. The cops followed the object to Goa using mobile phone signals. Rushing to Goa, a police team discovered Dharma still alive. After being arrested, he was brought to Telangana.

To obtain insurance money, Dharma allegedly killed a car driver and then faked his demise. Due to his gambling, he had accrued debt, so he had the bright idea to use insurance proceeds to pay it off. His relatives had conspired with him.

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Bank of England defends insurance rule reform stance

Bank of England
  • The Bank of England has mounted a staunch defense of its approach to reforming UK insurance rules.
  • The Solvency II framework, inherited from the EU, dictates how much cash companies must maintain and where they may invest.
  •  PRA stated that insurers should not be given a “free lunch” in the form of a capital release.

The Bank of England has mounted a staunch defense of its approach to reforming UK insurance rules, amid growing political and industry pressure.

The Prudential Regulation Authority of the Bank of England, which oversees insurers, is collaborating with the Treasury on long-awaited modifications to the Solvency II framework.

The rule, inherited from the EU, dictates how much cash companies must maintain and where they may invest.

The government has conducted a consultation on revising the rules, touting it as one of the most significant “Brexit rewards.”

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Jimin’s $4.7 million apartment was taken because of unpaid insurance charges

Jimin's

After news circulated that BTS’ Jimin’s residence was taken owing to unpaid health insurance fees, Big Hit Music broke their silence to address fans’ worries. The K-pop idol’s condominium in Seoul, which he bought for $4.7 million in May of last year, was temporarily confiscated by the National Health Insurance Service on January 25, according … Read more

My guy and I have a 40-year age difference — trolls say I’m simply looking for life insurance, but I don’t care since we live the finest life

insurance

A COUPLE with a 40-year age difference insists they’re happier than ever, despite critics suggesting the younger woman is just interested in the money. The King and Queen of Blackjack (@cowboy.and.angel) frequently publish social media photographs of what they describe short “‘documentaries about love.” Although the ages of the individuals are unknown, the two verified … Read more

Unisame urges quick implementation of SME Policy

Unisame

KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged the policy makers to implement the Small and Medium Enterprises (SME) Policy on fast track, a statement said on Monday. Unisame President Zulfikar Thaver, in a committee meeting of the Unisame, stressed for fast implementation of the SME Policy 2021 in letter and spirit, … Read more

India to sell 5% of insurance giant

lic

MUMBAI: India plans to sell a five per cent stake in insurance giant LIC in what could potentially be the country’s largest initial public offering, according to a regulatory filing Sunday. Prime Minister Narendra Modi’s government is desperate for proceeds from the IPO of the Life Insurance Corporation of India and the sale of other … Read more

Family takaful business lacks awareness

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Indeed, Pakistan has witnessed a significant growth in family takaful business post-coronavirus pandemic but the overall industry is still not recognised in terms of getting maximum lives covered under the umbrella of Islamic Insurance (takaful), better yet, insurance. “The way society feels that banking is a basic need, it does not feel the same when … Read more

Saudi economy expands in third quarter at highest rate since 2012

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CAIRO: The Saudi economy expanded by an annual rate of 7 per cent in the third quarter of this year driven by higher oil production, Arab News quoted the data released by Gastat. This is the highest yearly growth rate since 2012. Growth was also upwardly tweaked to 7 per cent compared to an initial estimate of … Read more

Namibia’s Craig Williams – World Cup by day, loss adjuster by night

Nam vs Afg

ABU DHABI: Namibia’s Craig Williams will attempt to master Afghanistan’s spin wizards at the T20 World Cup on Sunday — and then celebrate by compiling dry insurance statistical data. The 37-year-old opener, like many of his teammates, fits in his love of cricket with the demands of a full-time job. In his case as a … Read more

SECP approves technology-driven solutions

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), under the Second Cohort of Regulatory Sandbox, has granted approval to various innovative solutions, including parametric insurance, real estate asset tokenisation, unified digital distribution of mutual fund application, digital identity/AML/KYC (AI-based) and centralised KYC, a statement said. The SECP, in pursuance of its reforms agenda to support … Read more