Jaideep Sharma has been appointed as new CEO for Indian market...
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EIP partners with Nexacore, launches end-to-end device protection to Southeast Asia
Southeast Asia is expected to remain a high-growth market for...
Aon UK creates programme to support displaced professionals entering the workforce
People who have been displaced and have professional qualifications...
London marine insurers still offering Middle East cover as War Risk rates rise: Gallagher
“Given the challenging maritime security environment, rates have increased from levels that owners and charterers will be used to.The cost will vary depending on the vessel type, cargo and routing, however marine insurers are very much continuing to provide cover and...
Marsh and Aon in talks with US govt on a plan to help insure tankers navigating Strait of Hormuz
President Donald Trump said on Tuesday the US International Development Finance Corporation would offer insurance “at a very reasonable price” to help ensure the flow of energy and other commercial trade in the Gulf. Marsh and Aon Plc, two of the world’s largest...
Middle East Conflict Risks:Global reinsurers shielded by robust capital and earnings
There will be sizable insured losses, and the conflict could have far‑reaching implications for the reinsurance industry.The conflict disproportionately affects specialty lines, a segment that insures complex or high‑risk exposures, including war risk, aviation,...
London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates
Gulf war risk premiums have risen fivefold in recent days compared with a week ago – before the U.S and Israel began their airstrikes on Iran – adding hundreds of thousands of dollars in extra costs for every shipment. London’s marine insurance market has widened the...
Middle East Crisis:Global Marine re/insurers issue notices of cancellation(NOC) under standard 7-day war clauses
Additional premiums for vessels transiting high-risk waters are rising sharply and may continue to fluctuate in the short term.Cargo war risk remains available; however, rates are increasing and quotations are being reviewed on a voyage-by-voyage basis, particularly...
Miller expands reinsurance offering into MENA through acquisition of Shields
James Hands, CEO, Miller, said, “Miller has worked with clients in MENA for decades and we are incredibly excited to have found a long-term partner in Shields to enhance our offering and reach. This acquisition will allow us to access a new placement hub in Dubai and...
Willis launches Global Digital Infrastructure Group to address full spectrum of data center risks
``This unique approach is already helping our clients stay ahead of the sector’s developments and risk trends. For data centers, this means tailored, client‑first solutions that protect physical assets, strengthen financial resilience, and support reliable operations...
Marsh exploring selling its financial risk manager and life insurance broker for high-net-worth individuals in Asia
PCS provides financial risk management and life insurance services to more than 8,000 clients in about 50 markets, with offices in Singapore, Hong Kong, Shanghai, Geneva and Zurich, according to its website. Marsh is exploring a sale of its financial risk manager and...
Lockton in partnership with AdvantageClub.ai lauches employee wellbeing solution in India
Re/Insurance broker Lockton in partnership with AdvantageClub.ai, today launched ‘LocktonThrive’, its proprietary employee wellbeing solution powered by Lockton Services India designed to help organisations deliver a unified, personalised, and digital-first wellbeing...
Utkarsh Small Finance Bank’s strategic partnership with Kotak Mahindra Life Insurance
Utkarsh Small Finance Bank today announced a strategic partnership with Kotak Mahindra Life Insurance marking a significant milestone in the bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical,...