Nirmala Sitharaman,Finance minister Taken together,the Bill, that...
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Airbus Fleet Recall: Space weather in focus
The recall by Airbus could well "set a major precedent" by...
D&O Market in 2026:Geopolitics and cyber drive risk exposures
For D&O insurers, the US especially is a highly complex market...
Shipping: Losses hit all-time low despite increasing risks for the sector: Allianz Report
The number of shipping incidents reported globally declined slightly last year (2,951 compared to 3,036), with the British Isles seeing the highest number (695). Fires onboard vessels – a perennial concern – also declined Fires remain a key safety issue on larger...
Water Security: Billions remain without water access
Today, over two billion people still lack access to safe drinking water, and 3.5 billion are deprived of safely managed sanitation facilities. Resulting infectious diseases contribute to at least 1.4 million annual deaths and 50% of global malnutrition “To improve...
Class Action Suits: 2 separate cases to provide level a playing field for India’s minority investors
Following the insertion in 2016 of a class-action provision in the Companies Act, a number of them could, in theory, come together and seek compensation from the company, its directors, auditors and even external consultants for acting in bad faith By Andy Mukherjee...
Climate change: Hardly a burning issue for Indian voters
A detailed review of the election manifestos revealed that, except for the regional party Dravida Munnetra Kazhagam (DMK), none of the major political parties in India have concrete grassroots-level plans to mitigate the impact of climate change In Europe, green...
Worsening Weather: A $25 billion Market Opportunities
Most large and listed European companies are now required to disclose what they see as risks and opportunities from environmental factors. In the US, the Securities and Exchange Commission finalized rules in March that would make it mandatory for companies to publish...
Global plastic treaty: Agenda for Stakeholders
Backed by some environment groups, this coalition has called for common, legally binding provisions to “restrain and reduce the production and consumption of primary plastic polymers to sustainable levels.” They also are proposing measures such as phasing out...
Takeaways from the Swiss women’s climate victory
This is the first time a regional human rights court has ruled that countries can violate human rights by failing to reduce their climate-warming emissions fast enough.The Court said it interpreted the European Convention on Human Rights language on a right to private...
Who Will Pay for the Baltimore Bridge Collapse?
Experts in maritime law and insurance said determining liability was particularly complex because of the many parties involved, from shipowners in Asia to insurers in Europe to companies around the world that move goods in and out of Baltimore. Numerous lawsuits are...
World Health Day: India focusses on infrastructure development, quality care and transformative initiatives
In addition to the burgeoning hospital market, several other segments of the Indian healthcare industry are witnessing rapid growth and expansion. The telemedicine market, for instance, is expected to touch USD 5.4 billion by 2025, growing at an impressive CAGR of 31...
Apr1 Renewals: New reinsurance opportunities in Indian market
In contrast to last year’s renewal, 4/1 saw a resurgence in property catastrophe capacity. While there were few new players in the market, existing reinsurers demonstrated an increased appetite to grow their property catastrophe books in India. However,despite excess...