Blackstone owned Ace Insurance Brokers has made three senior level...
Category:
Intermediaries
Latest
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...
Finmin asks hospitals, insurers to make healthcare affordable and accessible for policyholders
M Nagaraju, Secretary,Financial Services , Ministry of Finance The...
Prudential launches global AI Lab in Singapore, to improve consumer access to quality healthcare
Anil Wadhwani, Chief Executive Officer, Prudential plc, said: "Data, advanced analytics and AI are crucial to the delivery of our strategic priorities. The AI Lab will supercharge the development of exciting applications such as predictive analytics,...
Shell wins appeal against landmark Dutch climate ruling
The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming. But it dismissed the 2021 ruling that ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels,...
Bridge Specialty International launches with the rebrand of Lonmar Global Risks
Bridge Specialty Group, a global wholesale and specialty insurance brokerage, has announced plans to unify its London-based businesses Lonmar Global Risks, Decus Insurance Brokers and BdB Limited under Bridge Specialty International. Bridge Specialty International...
Salaries in Southeast Asia expected to rise in 2025: Aon Survey
One in three firms view cybersecurity roles as crucial to their organisation, with a 160 percent year on year (YOY) increase in headcount for such roles. Artificial Intelligence/machine-learning and risk managers roles had a 100 percent and 70 percent YOY increase,...
IRDA asks general insurers not to report premiums and commission for long term policies at one go
``Currently, only long-term Motor Third Party (TP) premium is booked annually and commissions also paid annually. Otherwise, the entire premium for other long-term policies such as Fire policies for dwellings, Engineering policies for projects, Janata Personal...
Prasun Sikdar joins as Bima Sugam CEO
IRDAI has fixed Apr 19,2025 as the date of the launch of Bima Sugam. E&Y has been roped as a consultant to execute Bima Sugam Mumbai: Prasun Sikdar, the first MD & CEO of Bima Sugam India Federation, has assumed his new charge recently. Sikdar, who was earlier...
Global insured cat losses to exceed $102 billion: Aon
The report highlights that insured losses from primary perils during the first nine months of 2024 were relatively low, with no event exhibiting the potential to significantly impact the broader reinsurance market LONDON: A report by Aon plc reveals that there were at...
WTW expands Japan’s corporate risk & broking business with new insurance brokerage service
``Working closely with the international and domestic insurance markets, we will focus on the speciality segments, particularly for large corporates and Japanese companies with overseas business interests. These include those in Natural Resources, such as Power...
Lockton acquires Arihant Insurance Broker, receives IRDAI approval
Lockton, the world's largest independent insurance brokerage, had announced its entry into the Indian market in January this year and had acquired Arihant Insurance Brokers in June from Arihant Capital Market Ltd. Hyderabad: US based Lockton is now a licensed...
Insurance industry can collaborate with telcos, e-comm, fintechs for deepening reach: LIC chief
Siddartha Mohanty, MD & CEO, LIC "Current channels, including agents, brokers, and bancassurance have been effective, but fraught with its own limitations given the challenge of taking insurance to each citizen of the country. Collaborating with non-traditional...