Stephen Fox has joined Aon as a Managing Director, focusing on the...
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Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon
Global demand for reinsurance increased by approximately 10 percent...
APR1 Renewals: Reinsuers fight hard to survive soft Indian market
Reinsurers have been surprised with the price drop on risk which...
IBAI appoints Pranav Kapadia as Dy Secy General
Insurance Brokers Association of India (IBAI) has announced the appointment of Pranav Kapadia as its Deputy Secretary General, effective February 2, 2026.In his new role, Kapadia will focus on strengthening IBAI’s mission of protecting broker interests while...
Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with US’s IDFC
Greg Case, president and CEO of Aon The facility, which will provide reinsurance coverage from DFC on a portfolio of war risk insurance policies up to $100 million, will enable KNIAZHA VIG to deliver comprehensive, innovative war-risk insurance solutions to SMEs and...
Budget-26-27:Govt to set up high-level committee on banking for Viksit Bharat, bolster NBFCs
This group will review the entire banking system and suggest changes to support India’s next stage of economic growth. At the same time, it will focus on financial stability, inclusion, and protecting consumers, said Sitharaman while delivering her 9th consecutive...
IRDA imposes Rs 1cr fine on Wealthkart Insurance Broking
The IRDA, on Jan 22, has imposed a fine of Rs 1 crore on Wealthkart Insurance Broking for not seeking its prior approval while effecting substantial changes in shareholding of the company. Broker effected changes in its shareholding on 19th September, 2023. The...
Southeast Asia faces intensifying compound catastrophes and escalating flood impacts
In Southeast Asia, this phenomenon is increasingly evident. Events such as earthquakes occurring on rain‑soaked ground or typhoons following seismic activity can escalate losses, often complicating claims processes and creating friction between insurers and...
Urban Company and HDFC Pension forge partneship to secure future of 50,000 service professionals
As part of the affiliation, HDFC Pension will manage pension contributions providing a seamless digital experience for on-boarding, account management and long-term retirement planning, while Urban Company will facilitate awareness and access to the program across its...
Liberty appoints Edrick Tang as senior underwriter, Fine art and specie, Asia Pacific
Fine art and specie is a key area of growth for Liberty, particularly in the Asian market, which is developing rapidly. There is a notable increased appetite from brokers and assureds, which Liberty is responding to by establishing a footprint in the region....
Adam Sullivan appointed CEO of Asia for Gallagher Specialty
Adam Sullivan,CEO,Specialty,Asia SINGAPORE: Gallagher today announced the appointment of Adam Sullivan as CEO of its specialty operations in Asia. The business supports clients across sectors including energy, marine, heavy industry, mining, property and financial...
Allianz Jio Reinsurance applies for a license from IRDAI, starts leadership hiring
``We are witnessing a secular trend in business momentum across all our operating verticals, which has now gained significant velocity.As we continue to build depth, capability and market presence, we are well-positioned to shape the next phase of financial services...
Alliance Insurance Brokers appoints Aatur Thakkar as CEO and Principal Officer”
Mumbai based Alliance Insurance Brokers has appointed Aatur Thakkar as its CEO and Principal Officer, succeeding founder Shashikant Thakkar, who will continue in a strategic advisory role. Under Aatur’s leadership, the company aims to scale premiums under management...