Prime Minister Narendra Modi The government has also expanded...
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ICICI Lombard exposes fraudulent claim in Assam accident case
The final conclusion of SIT formed by Assam police confirms that...
Embedded Insurance: A key differentiator for Southeast Asian device retailers
As connected devices become indispensable to everyday life across...
Iran in talks with Oman on permanent Hormuz toll framework
Now, Iran has expanded its claimed area of jurisdiction and set out new rules for vessels seeking to transit the waterway, which is roughly 24 miles (39 kilometers) wide at the narrowest point. That involves seafarers dealing with a new body called the Persian Gulf...
ICICI Lombard General launches roadside assistance promises
ICICI Lombard General Insurance today launched Service Assure, a new commitment under its IL Smart Assist (Road Side Assistance) offering. A one-of-the-industry’s-first roadside assistance promises, Service Assure commits to reaching private car customers within 30...
Willis and Global Parametrics deliver first payout to coffee farmers in Vietnam hit by heavy rainfall
In late 2025, Willis placed the high rainfall parametric solution with Bao Minh Insurance Corporation in Vietnam, protecting coffee farmers’ revenue against a loss of yield due to excessive rainfall during the ‘golden’ harvesting period. The solution uses satellite...
Iran imposes checks, fees in Hormuz
New Delhi uses its embassy in Tehran to liaise with Iranian authorities, including the IRGC and the Iranian navy, which vets ships India wants to sail out of the Gulf, according to an Indian shipping ministry official. For many vessels, the route out of the Gulf and...
Insurers should treat hantavirus as a risk requiring case-specific attention, not as a systemic shock factor
Unlike COVID-19 or seasonal influenza, there is no risk of systemic accumulation or correlation among insured populations. There is also no evidence of sustained super spreading dynamics comparable to airborne respiratory viruses, explained SCOR.. Paris: Hantavirus...
Cloud Calling:Transforming customer interaction in Motor Claims
Cloud Calling enables Motor Claim Managers(MCMs) and customers to connect through a centralised virtual number system rather than personal mobile numbers. This shift significantly improves both customer convenience and operational efficiency. Gaurav Arora, Chief...
Godfrey Phillips India receives Rs100 crore interim insurance payout after Andhra fire
The company informed stock exchanges that the interim payment was received against an insurance claim of Rs344.49 crore filed in connection with the fire that broke out in the early hours of October 10, 2025, at around 2.30 am.Godfrey Phillips said the actual loss...
Aon announces regional leadership appointments in EMEA and Latin America
"As we continue to accelerate our Aon United strategy to serve clients with distinction at a time of rising need, we are excited to announce new regional responsibilities for Kai-Frank, Tracy-Lee and Pedro to help advance how we deliver for clients in and across our...
War becomes the number one political violence risk for more than 50% of companies globally:Allianz
"The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events have...
Iran war leaves global companies facing $25 billion losses
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States,...