Toyota Motor Corporation reported a nearly 50% drop in quarterly...
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Asia heatwaves compound economic strain amid oil shock
“Food inflation in Asia is set to rise in 2026,” said Adam Ahmad...
Hantavirus Cruise outbreak poses low pandemic risk
Tedros Adhanom Ghebreyesus,Director-General,WHO The outbreak has...
Earthquake hits Bangladesh, tremors felt in Kolkata, adjacent Bengal districts
The epicentre of the quake was at a place named Nayabazar in Bangladesh, some 100 km from Kolkata.The USGS said the earthquake was located at latitude 22.451°N and longitude 89.139°E, at a depth of 9.8 kilometres.There was no immediate report of any loss of life or...
Bermudian reinsurer Partner Re ventures into India’s GIFT City
``PartnerRe’s GIFT City branch will provide support to Indian clients, enhancing responsiveness, regulatory alignment, and ease of doing business, offering locally the depth of PartnerRe’s global underwriting expertise and capital strength.With our experienced local...
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...
Ecuador contracts first parametric insurance for 10k climate-vulnerable farmers, with Germany, UNDP, ISF and IDF support
The two parametric products — for extreme rainfall and drought-risk — were designed by IDF member insurance organizations AXA Climate, Guy Carpenter México Intermediario de Reaseguro S.A de C.V and Blue Marble, in partnership with the MAGP and with local insurer...
AIA Australia deploys SCOR’s VClaims
Tracey Crowe, General Manager for Claims and Underwriting at AIA Australia, commented,“We are always looking for opportunities to deliver simpler, faster and more connected experiences and services to the members of our fund partners. There is no question that the...
UIB partners with CyberCube to accelerate its growth across LATAM and Asia
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is evolving at pace, and clients increasingly expect brokers to provide clear, quantitative insights. With CyberCube’s platform, we can enhance the sophistication of our analytics, improve the clarity of...
Swiss Re to acquire QBE’s Global Trade Credit and Surety business
Ivan Gonzalez, CEO of Swiss Re Corporate Solutions, said: "This acquisition marks an important milestone for Swiss Re Corporate Solutions. It allows us to expand our offering in this attractive segment by strengthening our global credit and surety platform with a...
South African re/insurer Santam launches its India operations, targets Rs100 cr premium in 2 yrs
Lto R- Gedion Labane, Consul General of South Africa in Mumbai, Charlise Cloete,Cluster, Market Head Reinsurance: Asia Pacific, Santam,Curt Mayer, Executive Head, Santam Specialist. Gareth Beaver, CEO, Santam Specialist Solutions, and Kush Padia, CEO, Santam Re &...
South-South Cooperation:High-level Kenyan delegation visits India to learn about AB PM-JAY
(Lto R)Dr. Gregory Ganda, County Minister for Health, Kisumu County and Sunil Kumar Barnwal, Chief Executive Officer, National Health Authority in New Delhi Since its launch in 2018, PM-JAY has enabled over 11.6 crore (116 million) hospital admissions worth more than...