" "The industry is undergoing a fundamental shift. As risk becomes...
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Supertankers cross Hormuz shipping strait after avoiding it in past 24 hours
Greece’s shipping ministry warned on Sunday that the country’s...
Trump tariffs stoke supply chain worries for US businesses, survey shows
“Our survey showed supply chain disruptions were a concern to...
Howden acquires Hong Kong based Expat Marine
Julian Franzman, Regional Head of Howden Marine Specialty, noted: “This acquisition will strengthen our overall offering for our marine clients in Hong Kong, and reiterates Howden’s ongoing strategy of empowering local teams to partner with culturally-aligned...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
China’s birth rate falls to four-decade low: Report
The country's birth rates have been steadily falling for years now, mostly because young people can't afford to have kids, and more financially independent women have decided to embrace a single, childless lifestyle. China's birth rate fell to its lowest point in more...
Aon appoints Jillian Slyfield as Chief Innovation Officer
"In a world that is more volatile, interdependent and faster moving than ever before, the risks our clients face are becoming more frequent and severe and the need for better decisions has never been greater," said Aon CEO Greg Case . CHICAGO: Aon plc, a leading...
US Policyholders pull back from digital claims in post-pandemic insurance world
"We're seeing some customers are heading back towards saying 'I was willing to do that during lockdown, but I want to go back to a place where I can see people and speak to them directly'," said Zurich's Group Chief Claims Officer Ian Thompson Across financial...
Willis Appoints Former Lloyd’s CEO Beale and 3 others as new directors
The announcement comes months after a pushback from U.S. regulators forced Willis and Aon to call off their $30 billion merger that would have created the world’s largest insurance broker, topping current leader Marsh & McLennan Companies Inc . London: Willis...
IRDA rejects 2nd broking license of India Infoline Group
The IRDAI has rejected 5Paisa Insurance Brokers(owned by India Infoline Group(IIG) ), application for an insurance broking license, as IIFL Insurance Brokers,another company owned IIG, has already got a license and one group under the existing regulations can’t be...
Willis Towers Watson appoints Aon’s Hugo Wegbrans as Global Head of Broking and Broking Strategy
Hugo joins WTW from Aon, where he has most recently been Leader, Global Strategies, for its Commercial Risk Solutions business. Prior to that, he served as Global Chief Broking Officer. He has spent the majority of his 35-year career with Aon. LONDON: Willis Towers...
PB Fintech shares list with over 17 pc premium
The stock made its debut at Rs 1,150, up 17.34 per cent on both the BSE and NSE. It then gained 22.95 per cent to Rs 1,205 on the BSE. The initial public offer of PB Fintech Limited was subscribed 16.59 times earlier this month. Mumbai: Shares of PB Fintech Ltd, which...
WTW partners with Indeez for gig workers and digital platforms in Asia Pacific
Simon Weaver, Head of Corporate Risk & Broking, Asia Pacific, and Head of Australasia, WTW said: “Prior to the outbreak of COVID-19, the International Labour Organisation estimated that 1.3 billion people were working in the gig economy in 2018 in this region. The...