David Howden CBE, CEO, Howden said: “We have already built up a...
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Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re
Beat Strebel,CEO, China, Swiss Re These lesser understood risks are...
Aon launches Aon Broker Copilot to modernize insurance placement with AI and data at scale
" "The industry is undergoing a fundamental shift. As risk becomes...
Marsh launches ESG Risk Rating to measure companies’ ESG performance
``With the ESG Risk Rating, we are providing our clients with a clear framework from which to better understand their ESG performance, make more informed investment decisions, and realize better risk management outcomes,” said Amy Barnes, Head of Climate and...
SUD Life, Vakrangee join hands to sell insurance policies in smaller towns
Star Union Dai-ichi Life Insurance (SUD Life) will tap customers living in smaller towns and rural areas through a partnership with Vakrangee.SUD Life is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life Japan. ''With the help of Nextgen...
Russia-Ukraine war: GIC Re cancels war risk covers for Marine Cargo,Hull and Airlines around affected areas , not to re-issue them with higher premiums
Ukrainian and Russian waters in the Black Sea and the Sea of Azov” as one of the listed territories for cancellation of war risk covers by GIC Re GIC Re has a small portfolio of Russian aviation risks for which Notice of Cancellation (NOC) of cover has been...
Gallagher rebrands its Indian broking outfit
Vyvienne Wade, chairperson of Global Broking in Europe, Middle East, & Asia, Gallagher commented: "This marks the first time the standalone Gallagher brand has been used in India and is a significant step as we continue to expand our footprint globally. We view...
SoftBank execs to quit Paytm, Policybazaar boards as part of global plan
The decision is part of SoftBank's global strategy to exit from the boards of most of its listed portfolio companies, said the source SoftBank will, however, retain its shareholding in the two Indian companies New Delhi; Representatives of SoftBank Group Corp will...
Investors push 10,000 companies to disclose environmental data to CDP
The call comes as money managers demand better information on climate change, biodiversity and water security to help them analyse the performance of company boards as the world looks to come good on a plan to limit human-driven global warming This year, more than 680...
Marsh McLennan to exit Russia Businesses
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
Howden M&A bolsters its Asia Pacific team to manage surging deal activity
There is a significant growth in demand for M&A insurance in APAC, with clients seeking to manage the transactional risks that arise in the course of M&A transactions There were 20,694 deals in APAC with an aggregate value of USD 1.193 trillion, up from 17,745...
Samsung hacked by foreign entity, confidential data leaked: Report
Data extortion entity Lapsus$ has claimed that it hacked the system of the South Korean tech giant and leaked up to 190 gigabytes of its data and source code online, according to the sources Seoul: Samsung Electronics has allegedly been hacked by a foreign hacking...
2021, the most challenging year yet for cyber insurance market: Aon’s Asia Market Review
Organisations with better ability to tolerate risk, and with well-articulated submissions to the market, will have the competitive edge when it comes to accessing insurance coverage, said the report Cyber Threat: Insurance premiums and retentions increased sharply...