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Soteria Surveyors & Loss Adjusters enters associate agreement with Charles Taylor Marine Technical Services in Qatar and India
The associateship will ensure a rapid, consistent and expert...
Susan Panuccio to join Howden as Group Chief Financial Officer
Susan Panuccio, Group Chief Financial Officer-designate, Howden...
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...
Aon appoints its Asia CFO Rishi Mehra as India chief
Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO and principal officer of Aon India Insurance Brokers and Nitin Sethi, CEO of Aon Consulting Private Limited, Mehra will bring together the collective capabilities across Risk, Health,Wealth and Talent...
Cyber Insurance: Heightened Indian Risk
Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...