For D&O insurers, the US especially is a highly complex market...
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High-rise Fire: Hong Kong catastrophe shows how difficult it is to evacuate in emergency
Evacuations of high-rises don’t happen every day, but occur often...
Universal Coverage:Rebuilding India’s Health Insurance Architecture
Health insurance sector itself is facing headwinds with 12-15%...
Heat waves-testing the limits of human survival in India
Daily power outages driven by a surge in demand for electricity have resulted in blackouts as long as eight hours in some parts of India, while coal stocks — the fuel that accounts for 70% of the country’s electricity generation — are running low, prompting warnings...
Extreme heat: Million get impacted across India and Pakistan
Extreme heat has multiple and cascading impacts not just on human health, but also on ecosystems, agriculture, water and energy supplies and key sectors of the economy With extreme heat gripping large parts of India and Pakistan, the two countries are working to roll...
Swiss Re forecasts a “stagflation-like” environment with slower growth and higher inflation
Jerome Haegeli,Swiss Re Group chief economist Stagflation is fully back on the radar and we now need to be particularly disciplined. 2022 will be a challenging year for insurers with both sides of the balance sheet under pressure" Swiss Re Group chief economist Jerome...
Global transport’s role, demand lessen Climate Vulnerability
``We estimate shipping could contribute about 10% of global carbon emissions by 2050 (up from 3% in 2019) under a business-as-usual scenario, assuming no adoption of new regulations that could impact energy efficiency or carbon intensity,'' said Fitch The airline...
Money Management: Embracing savings apps as inflation hits household finances
Rising outgoings appear to be driving thousands of people to try money management apps for the first time. The digitization of banking services and the easing of regulations have helped spark a boom in fintech (financial technology) worldwide, with users from Brazil...
APAC with over $15 billion accounts for the highest percentage of Q1 global economic losses: AON
The first quarter is typically the quietest of the year, though 2022 marked the sixth consecutive year to record more than $10 billion in insured losses The preliminary Q1 overall economic loss was $31 billion. Public and private insurers covered $14 billion of this...
Managing Risk and Capitalising Opportunities in Connected Asia: AON Report
Anne Corona,chief executive officer, Asia Pacific, Aon `As traditional industry borders fall away in 2022, ecosystems and the digital platforms that enable them will continue to influence the future of business. Having an impact in the `New Better' will no longer be...
HDFC Life,ICICI Pru Life and Max Life emerge as top Indian life insurance brands: Hansa Research
HDFC Life, ICICI Prudential and Max Life Insurance are in the top three scorers in terms of brand NPS as they have been more successful in providing faster and increased communication and post-sales customer support by adopting digital technology. This shows that...
UN climate report: It’s ‘now or never’ to limit global warming to 1.5 degrees new flagship
Unless action is taken soon, some major cities will be under water, António Guterres. UN Secretary-General, said in a video message, which also forecast “unprecedented heatwaves, terrifying storms, widespread water shortages and the extinction of a million species of...
Indian Govt’s initiatives to control incidence of obesity
682 District NCD (Non-Communicable Diseases) Clinics, 191 District Cardiac Care Units, and 5408 Community Health Center NCD Clinics have been set up in the country As per the National Health Profile 2020, the prevalence of obesity among adult females (18+ years of...