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Jio Insurance Broking earns Rs 347 cr in premiums, issues 2.9 lakh policies in Q2FY26
Jio Insurance Broking, part of Jio Financials owned by Reliance...
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...
Marsh agrees to acquire Honan Insurance Group, seeks to expand its presence in Australia and New Zealand
“The addition of Honan’s highly complementary capabilities, particularly in corporate risk and strata insurance, will enable Marsh to deepen the specialist expertise we provide to clients across Australia and New Zealand,” Nick Harris, chief executive officer of...
Lloyd’s of London leads insurers tightening Taiwan cover as conflict risks rise
“Availability of cover for Taiwan has got tighter,” said Crispin Hodges, head of trade and political risk with insurer Canopius, “We’ve been tightening up the wording to ensure that the policies reflect the underlying risk that we want to insure and there aren’t any...
Ukraine’s drone attack yet to jolt insurance for Black Sea oil carriers
As of Monday, the extra insurance premium ships pay when entering risky areas was stable compared with levels prior to the weekend attack, according to two people familiar with the market. The figure is closely watched by traders and shipowners alike for whether it...
Amit Agarwal appointed as CEO of Howden India
Amit Agarwal, CEO, Howden India Agarwal’s appointment underlines Howden India’s ambitious growth plans and aspiration to be a leading broker in one of the world’s fastest growing insurance markets by 2026, said the company London: UK based Howden, a multinational...
Kotak Life’s tie-up with Muthoottu Mini to offer life insurance to retail customers
Kotak Mahindra Life Insurance Company Ltd (Kotak Life) announced its corporate agency tie-up with Muthoottu Mini Financiers Ltd. (Muthoottu Mini) to offer life insurance products to retail/individual customers. The tie-up will help thirty lakh customer base of...
MDRT sets up shop in Singapore, appoints sr officials for APAC region
"The opening of MDRT Asia-Pacific headquarters underpins MDRT's commitment to the industry," said Carol Kheng, MDRT Second Vice President, who leads the new office. The new Singapore office will support MDRT events in the Asia-Pacific region, including the 2023 MDRT...
Russian oil headaches for buyers as crude prices hit $60
India and China have been the two dominant buyers of Russian crude since the invasion of Ukraine more than a year ago prompted others to shun the OPEC+ producer. As Urals climbs above the limit set by the Group of Seven, however, importers will face greater scrutiny...
Need to achieve 100 pc coverage under Ayushman Bharat insurance scheme, Mandaviya tells states
Mansukh Mandaviya,Union Health Minister More than 4.34 crore hospital admissions worth more than Rs 51,749.40 crore have been authorised under the Ayushman Bharat PM-JAY so far, according to government data Dehradun: The government plans to begin a mega enrolment...
Reinsurance market continues to recalibrate at mid-year 2023 renewals: Guy Carpenter
The preliminary year-to-date Guy Carpenter US Property Catastrophe Rate on Line Index, an alternative measure of price change that incorporates the impact of structural adjustments and current views of risk on actual dollars paid, increased 35 percent for January...
Cyber Insurance: Global premiums could exceed $50 billion by 2030, predicts Howden
Dan Leahy, Associate Director, said: “Having navigated the early phases of development that often come with new, fast growing lines of business, the cost of cyber insurance is now more commensurate with loss costs following the recent correction. Whilst the first half...