Protection thrives only when trust is strong and here, too, India...
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RBI proposes separate categories of business correspondents, uniformity in wages
It also proposes to bring uniformity in the BC ecosystem with...
Strait of Hormuz will never return to its former state, especially for US, Israel, vows Iranian Navy
As per Press TV, the IRGC Navy made the remarks in a post on X and...
India among 5 nations granted passage through Strait of Hormuz by Tehran
“We have permitted certain countries that we consider friendly to pass through (Strait of Hormuz). We allowed China, Russia, India, Iraq, and Pakistan to transit,” Iranian Foreign Minister Seyed Abbas Araghchi said, according to Iranian State TV. Tehran/New Delhi:...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen sharply, particularly among Western operated assets in the Gulf, with pricing multiples increasing and underwriting becoming more selective. Aviation, cyber and trade related lines are also seeing elevated...
Iran woking on a draft bill to impose a fee on vessels seeking safe passage through Strait of Hormuz
According to the semi-official Fars, the plan would be finalised next week, and would legally recognize Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The Iranian...
Lagos State goes live with Parametric Flood Insurance policy, Protecting up to 4 million people
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025
Despite the higher claim environment, the domestic segment strengthened its underwriting performance. Underwriting profit rose 32% to S$289 million in 2025, up from S$219 million in 2024. This reflects the continued resilience of Singapore’s general insurance market....
SEBI Chairman launches Verified App Label initiative to protect investors from digital fraud
SEBI Chairman Tuhin Kanta Pandey noted that the regulator is prioritizing the safety of a rapidly expanding investor base that now exceeds 140 million unique participants. He explained that with more than 140 million unique investorsIndia's securities market currently...
‘Polluter pays’ principle must not be reduced to ‘pollute and pay’, SC told
On November 18 last year, a three-judge bench headed by the then Chief Justice of India (CJI) B R Gavai reversed by a majority of 2:1 its own verdict by an interim order and paved the way for retrospective environmental clearance to projects found violating...
Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting
With the global fleet now averaging more than 22 years of service, vessel age and other uniform parameters in isolation are an increasingly blunt indicator of risk. The MGA's underwriting method aligns insurance capacity more closely with demonstrated performance and...
More than 40 energy assets across 9 countries in ME “severely or very severely” damaged by war
The strikes last week on the Qatar’s Ras Laffan liquefied natural gas complex, which houses the world’s biggest export plant, reinforce concerns that turning the taps back on won’t be quick or easy, with an official estimate of as long as five years to repair the...
Iran reviews U.S. proposal to end Gulf war with initial negative response
Publicly, Iranian officials poured withering scorn on the prospect of any negotiations with the administration of U.S. President Donald Trump. But an apparent delay in delivering a formal response to Pakistan, which delivered a 15-point proposal on behalf of...