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Shipping in Straits of Hormuz halted due to safety concerns, not insurance,says IUA chief executive
“Most prominent is shipping in the Straits of Hormuz where trade...
Govt undertaking special drive to enable cooperative banks to become insurance distributors: Amit Shah
Amit Shah,Union Minister for Home and Cooperation Under the...
Global reinsurance dedicated capital increases 5% to $805 billion in H12025: Gallagher Re
Gallagher Re estimated that the private insurance market and public insurance entities covered at least USD84B38 in losses from natural perils in 2025 HY, increasing from USD61B39 as originally reported for 2024 HY. This represents the costliest H1 for the industry...
La Nina may return in September but temperatures to stay above normal WMO
WMO says that naturally occurring climate events such as La Nina and El Nino are taking place in the broader context of human-induced climate change, which is raising global temperatures, intensifying extreme weather and altering seasonal rainfall and temperature...
Aon appoints Bonjay Koo as Enterprise Client Leader for South Korea
Aon plc today has appointed Bonjay Koo as Enterprise Client Leader, Asia Pacific in South Korea effective September 1. In this strategic role, Koo will be responsible for the delivery of integrated Risk Capital and Human Capital solutions to Aon’s enterprise and large...
Cashless Chaos: AHPI asks 7 health insurance firms to revoke suspension, create affordable & sustainable model
Niva Bupa Health Insurance on Monday said it has suspended the cashless treatment facility at Max Hospitals across India. Bhabhtosh Mishra, Director and COO of Niva Bupa Health Insurance, said the company’s agreement with Max expired in May 2025. Talks over premium...
Willis expands into specialty lines, hires talent in Japan
The Japanese general insurance market is projected to grow from JPY11.7 trillion (US$81.1 billion) in 2024 to JPY12.7 trillion (US$93.9 billion) by 2028, at a compound annual growth rate of 2.2%. TOKYO: Willis, a WTW business, today announced a significant expansion...
India InsurTech Association recognized as a “Champion of National Health Claims Exchange
The India InsurTech Association (IIA) has been formally recognized as a "Champion of NHCX" (National Health Claims Exchange) - India’s pioneering digital platform transforming health insurance claims. NHCX, led by the National Health Authority (NHA), is...
APAC Employee Benefits Strategy: Health and productivity as top priorities
"As organisations navigate economic uncertainty and rising employee expectations, the ability to deliver personalised, equitable and cost-effective benefits is a strategic differentiator," said Tim Dwyer, head of Human Capital for APAC at Aon Aon plc has released its...
Charles Taylor appoints Gordon Tennant as regional director of Marine Technical Services in Asia
Charles Taylor, a global leader in loss adjusting, has appointed Gordon Tennant as Regional Director, Marine Technical Services (Asia), marking a strategic expansion of its marine capabilities across the region. Gordon will be based in Singapore and will report to...
Howden Re appoints Candy Wong as Head of Treaty for Hong Kong
Howden Re has announced the appointment of Candy Wong as Head of Treaty for Hong Kong. She will join the business on 18 August 2025, Candy has worked in the reinsurance market for more than 40 years, half of which included leadership roles in the Hong Kong market. She...
Lockton India appoints Girish Mantri from Howden India as CFO
Lockton, the world’s largest privately held, independent insurance broker, has roped in Girish Mantri from Howden India as its chief financial Officer (CFO) at Lockton India. With over 19 years of extensive experience in the insurance broking industry, Girish brings a...