Howden said the new product was the "first dedicated insurance...
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Shailendra Sapra named as CEO of Aon’s Reinsurance Solutions in India
Aon plc has announced that Shailendra Sapra had been named CEO of...
ICICI Lombard partners Policybazaar to sell its products
ICICI Lombard General Insurance has partnered with Policybazaar to...
Aon completes acquisition of Prabodh Thakker’s Global Insurance Brokers
The acquisition strengthens Aon’s existing broking and advisory capabilities across the commercial risk, health and reinsurance markets, which combined with Aon’s talent consulting business, creates an integrated team of over 1,100 colleagues across Aon in India...
IRDAI bans any competition against Bima Sugam-Insurance Electronic Marketplace
``No other person can commence or operate with same or similar objectives of the Marketplace and functions of the company,’’ the IRDA's new regulations have clarified The new regulations have provision for penalty for certain violations/breaches by the players. The...
Apr 1 Renewals: Transitioning’ property catastrophe sector heralds buyers’ market, says Aon
George Attard, CEO of Asia Pacific for Aon’s Reinsurance Solutions, said, “The April 1st reinsurance renewals were more predictable and generally favorable to reinsurance buyers. As mid-year renewals get under way for the catastrophe-exposed markets of Florida,...
M&A activities: Private Equity dry powder set to stimulate deals in 2024
Asia, the Middle East, and India were the most stable markets. Asia saw an influx of new insurers and exhibited a broader risk appetite, and while the Middle East and India saw a decrease in the overall number of deals, an increase in $1bn+ enterprise value deals saw...
PB Fintech to set up payment aggregator subsidiary
The subsidiary called ‘PB Pay Private Limited’ would carry on the business of payment aggregator’ domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance...
Cyber Attack/Data Breach is top business risk for India Inc, Aon Survey
Jon Pipe, CEO and principal officer of Aon India Insurance Brokers Notably, only three of the top five current risks in India are insurable, and less than half of the overall top ten are uninsurable at present MUMBAI: The 2023 edition of Aon’s biennial survey found...
RK Sinha given additional charge of member, Distribution at IRDAI
Rajay K Sinha, member, Finance, IRDAI, has been given additional charge of Distribution portfolio after SN Rajeswari retired from the post at Hyderabad based insurance regulator. The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by cabinet...
UK based Euromax Capital picks up 25% stake in Integrated Risk Insurance Brokers
UK based investment bank Euromax Capital has picked a 25 per cent stake in Indian insurance broker Integrated Risk Insurance Brokers (IRIBL). The deal has received approval from the Insurance Regulatory and Development Authority of India (IRDA), said the company.. ``I...
Aon acquires AI-Powered platform to help fleet & mobility clients make better, insight-driven decisions
"It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon DUBLIN: Aon plc, a leading global professional...
Miller appoints Frédérique Champvillard as Head of Operations in Asia
Miller, an independent specialist (re)insurance broker, announced the appointment Frédérique Champvillard as head of operations in Asia. Frédérique brings over 30 years’ experience across the insurance and reinsurance industry, most recently as managing director and...