The bill provides that the IRDAI may in the interest of the...
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Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set...
Blackstone owned Ace Insurance Brokers make 3 sr level appointments
Blackstone owned Ace Insurance Brokers has made three senior level...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
Finmin asks hospitals, insurers to make healthcare affordable and accessible for policyholders
M Nagaraju, Secretary,Financial Services , Ministry of Finance The secretary advised insurers and hospitals to take measures such as devising standardised treatment protocols, common empanelment norms, seamless cashless claims processing, etc, to bring down health...
Willis and Rare partners to launch innovative insurance solution for fishers in the Philippines
Christopher Au, Head of APAC Climate Risk Centre, at Willis, said: “With over 1.9 million registered small-scale fishers relying on the nearshore for their livelihoods, the impacts of climate change, such as high winds, rough seas and heavy rainfall, pose increasing...
IRDAI closely monitoring health insurance claims gaps, says Chairman Seth
Ajay Seth, chairman,IRDAI `While the number of health insurance claims settled is high, the amount settled especially in full is sometimes lower than expected.This is an area we are monitoring closely. Our expectation from the insurers is clear. Prompt, fair and...
Ageas Federal Life strikes distribution partnership with Muthoot Microfin
Ageas Federal Life Insurance has announced a strategic distribution partnership with Muthoot Microfin Ltd., aimed at reaching underserved customer segments, including individual entrepreneurs and Small and Medium Enterprises (SMEs), thereby strengthening financial...
Willis announces senior Cyber appointments in Asia
Willis, a WTW business has appointed Conor Keating as Head of Cyber, Asia, and Carlos Grijalva as Head of Cyber Sales, in Asia, effective immediately. Based in Singapore, Conor Keating transitions into the role of Head of Cyber, Asia, from his previous position as...
Aon launches AI-enabled claims copilot
“It empowers our professionals to turn insight into action, helping clients achieve faster claims resolution, maximize recoveries, and make better informed risk and coverage decisions,” said Joe Peiser, CEO of Commercial Risk at Aon DUBLIN: Aon plc, global...
Willis appoints Vijay Nair as Head of Tax Insurance, Asia Pacific
Willis, a WTW business, appointed Vijay Nair as Head of Tax Insurance for Asia Pacific (APAC), based in Singapore. In this newly created role, Vijay will lead the growth of Willis’ tax insurance business across APAC, drive the execution of its M&A tax strategy and...
CCI clears merger of InsuranceDekho and RenewBuy entities
CCI said it has approved the proposed combination involving the merger of Girnar Finserv Private Limited, Girnar Insurance Brokers Private Limited, D2C Consulting Services Private Limited, and RB Info Services Private Limited into Artivatic Data Labs Private Limited...
Marsh appoints Andrea Bono as CEO of India, Middle East, and Africa
Andrea Bono, CEO=designate, India, Middle East, and Africa (IMEA), Marsh McLennan Bono will report to Flavio Piccolomini, CEO, Marsh McLennan, International, and will be based in Dubai FROM Jan 2026.All the CEOs from IMEA regions including Sajay Kedia, who is heading...