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West Asia Crisis:In a first New India unveils War Cover for India Inc with its Fire policy
`By introducing this dedicated add-on, which integrates with our...
Iran in talks with Oman on permanent Hormuz toll framework
Now, Iran has expanded its claimed area of jurisdiction and set out...
Iran yet to decide on whether to attend talks as ceasefire deadline ticks down
President Donald Trump said he hoped to reach a "great deal" to end the war, but he did not want to extend the ceasefire, and said the U.S. military was "raring to go" if negotiations were not successful. WASHINGTON/CAIRO/ISLAMABAD:Iran said on Tuesday it had still...
Middle East Conflict: Consequences for Asian construction industry
Geopolitical risk is becoming structural rather than episodic. Construction organisations can no longer treat geopolitical disruption as a low probability event managed through generic forcemajeure clauses. Instead, it is increasingly influencing project feasibility,...
MS Amlin launches new Lloyd’s sub-syndicate targeting innovative growth
s1673 forms part of MS Amlin’s plans to achieve sustainable growth by leveraging the strength of its parent’s group network and pursuing new opportunities alongside innovative distribution approaches. London: MS Amlin, the Lloyd’s global specialist (re)insurer, has...
Anna Ziswiler appointed as Swiss Re’s Head P&C Reinsurance Southeast Asia,India,Hong Kong,Taiwan and Korea
Anna Ziswiler, Head P&C Reinsurance-designate, Southeast Asia,India,Hong Kong,Taiwan and Korea, Swiss Re Anna Ziswiler will also serve as Country President for Singapore, Malaysia, Hong Kong, Korea, and India. She currently leads Swiss Re's P&C Re business in...
Fire doused at HPCL Rajasthan Refinery, Re/insured by Oriental Insurance and Swiss Re
The refinery-cum-petrochemical complex, which was scheduled to begin commercial operations from July 1, after being inaugurated by by Prime Minister Narendra Modi.on Tuesday, has an Advance Loss of Profit (ALOP) cover New Delhi:The newly built Rs 79,450-crore...
Health insurance covers about 47% in rural and 44% in urban India:Govt Survey
The Indian government's survey findings have shown the estimated average out-of-pocket medical expenditure per hospitalization case (excluding childbirth) during the last 365 days was about ₹34,064 (₹31,484 in rural and ₹38,688 in urban), while the median...
India expands Russian marine insurance options
India has also extended the registration of Russia's Soglasie Insurance, Sberbank Insurance, Ugoria Insurance Group and ASTK Insurance until February 20, 2027, to provide protection and indemnity (P&I) cover for ships. It has allowed Dubai-based Islamic...
Health insurance prm hits Rs1.37 trillion,surges 15.4 % in FY 26, Fire replaces Crop as 3rd largest industry portfolio
With No1 position, Health Insurance share in the Indian general insurance industry has inched up to 40.80 per cent in FY 26 from 38.63 per cent in FY25 In a noteworthy development, though, there has been no premium hike in the premium of mandatory TP Motor cover, for...
APAC Cat Report:Economic losses of $76 bn,Insured losses at $7 bn in 2025, says Aon
Extreme heat is also emerging as one of Asia Pacific’s most consequential climate risks, with rising temperatures placing increasing strain on public health systems, infrastructure and workforce productivity, Across the region, working hours lost to heat stress have...
Some tankers cross Strait of Hormuz before shots fired, ship-tracking data shows
U.S. President Donald Trump said on Friday Iran had agreed to open the strait, while Iranian officials said they wanted the U.S. to fully lift its blockade of Iranian tankers.Western shipping companies cautiously welcomed the announcements but said more clarity was...