The downgrade follows months of revelations first reported by the...
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Climate-attributed U.S. Hurricane losses to increase by at aeast 10% over 20 yrs under selected scenarios: Aon
Aon plc has revealed how its academic collaborations are...
London’s Excel Centre wins insurance ruling on COVID-19 losses
Law firm Stewarts, which represented the owners of the ExCel...
Swiss Re effects changes in Group Executive Committee,inducts new members in Board
Swiss Re’s two positions Group Chief Financial Officer and Group Chief Strategy Officer will be merged. Swiss Re’s Board of Directors proposes to elect Karen Gavan, Eileen Rominger and Larry Zimpleman as new, non-executive and independent members at the upcoming Annual General Meeting on 20 April 2018.
Overall risk professionals salary continues steady climb in US & Canada:RIMS Survey
“63% of risk management professionals in both the US and Canada perform functions in addition to risk management in their organizations”
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Product recall risks growing, technology drives new triggers, warns Allianz
Asia continues to account for a disproportionate number of recalls in the US and Europe, due to historically weaker quality controls in some countries. Chinese manufactured products accounted for over three times as many recall cases in the US as US-made products, largely due to the increasing volume of manufacturing activity shifting to Asia.
Five yr lock in period for PE investment in Indian insurance companies:IRDAI
A Private Equity Fund through an SPV can’t be a promoter for more than one life insurer, one general insurer, one health insurer and one reinsurer
16 dead, 100 missing as cyclone hits India, Sri Lanka
Disaster officials said nine people were killed in India and seven in neighbouring Sri Lanka, most crushed by trees ripped up by destructive winds raging at 130 kilometres (80 miles) per hour
India’s Anil Sant to be new CEO of Asia Re
Asia Re has 19 Associate members as additional Shareholders who are the leading insurance/reinsurance Companies of Asia.The govemment of lndia is one of the founding members of Asian Re and the CMD of GIC Re Alice Vaidyan is the representative of the government in Asian Re’s Council of Members.
Allianz Global Corporate & Specialty expands in China and Indonesia
Singapore, Munich, New York, London Following the opening of a new branch office in South Korea in June, Allianz Global Corporate & Specialty SE (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia. AGCS has...
93% Indian workers happy to work with a bot: Survey
San Jose: A whopping 93 percent of Indian workers feel positive about meeting bots and virtual assistants at their workplace, a survey conducted in 10 countries has found. The survey, by technology giant Cisco, revealed that employees from Mexico (97 percent) and...
NASA tool predicts which cities will flood due to melting ice
NASA researchers have also issued a warning for Mangalore in Karnataka and Mumbai,two cities are in grave danger from floods due to melting ice caps LOS ANGELES: NASA has developed a new forecasting tool that can predict which cities will be...
US issues travel alert for Europe citing heightened risk of terror attacks
The travel alert is expected to expire by the end of January 2018. The US has issued a travel alert for Europe, warning its citizens of the "heightened risk of terrorist attacks" throughout the region. Citing recent widely-reported...