The government notified that Sabki Raksha (Amendment of Insurance...
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Insurance rates in India, Middle East and Africa decline in Q42025: Marsh’s Global Insurance Market Index
Property rates in India experienced decreases between 15% to...
Zurich Insurance set to take over Beazley for $11 billion
Beazley’s board “has concluded that the financial terms of the...
Future terror acts to be considered an “act of war” against India
With this decision, the government headed by Prime Minister Narendra Modi seeks to draw red lines against terror incidents and makes clear its intention to firmly respond to the perpetrators and conspirators, in what is seen as a message to Pakistan -- a country...
Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the past...
Trade War: Container liners sever US-China shipping routes across the Pacific
As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...
32 airports shut till May 15 as tensions escalate between India-Pakistan
All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...
Emirate royal family’s International Holding Co and Black Rock Inc float a $ 1 billion reinsurance co
The new firm will make use of AI as a core part of the strategy, enhancing underwriting capabilities by improving the quality and speed of risk assessments. International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s...
Re/insurers invoke force majeure, not to pay travel claims triggered by airport shutdown and flight cancellation
``Most of our travel policies have an exclusion that doesn’t cover situations arising due to acts of any public authority like governments forcing airports to shut down,’’ said a senior official of New India Assurance Mumbai: With major escalation of Indo-Pak tension...
PB Fintech raises $218 million for its new healthcare venture
Yashish Dahiya, chairman, PB Fintech The venture, PB Health, will use the funds to set up four to five hospitals in and around New Delhi by 2027, with a long-term plan to build a 25-30 hospital network across 10 Indian cities, PB Fintech chairman Yashish Dahiya told...
UK names China as dominant threat to its national cybersecurity
Richard Horne, chief of Britain’s National Cyber Security Center “China remains the pacing threat in the cyber realm,” Richard Horne, the chief of Britain’s National Cyber Security Center, said in a rare speech on Wednesday. “The continued activity that we’re seeing...
Domestic investors invested 3.7 times more than foreign inflows in equities over last decade: Report
According to a report by Motilal Oswal, domestic institutional investors (DIIs) have invested $195 billion in Indian equities between FY15 and FY25.This is 3.7 times higher than foreign institutional investor (FII) inflows of $53 billion during the same period New...
BSE asks trading members to take measures to ward off any cyber threat
This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) highlighting a cyber threat campaign specifically targeting Indian organisations operating within the Banking, Financial Services, and Insurance (BFSI)...