Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance The board of...
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Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses...
Allianz Jio Reinsurance applies for a license from IRDAI, starts leadership hiring
``We are witnessing a secular trend in business momentum across all...
Nilesh Garg quits as MD &CEO of Tata AIG General Insurance
Nilesh Garg, MD& CEO, Tata AIG General Insurance It is not yet known who will succeed Garg at Tata AIG General Insurance. During last one year, Rs three lakh trillion Indian general insurance industry has seen change of guards in many big companies Mumbai:...
More than 1-in-3 people globally vulnerable to flood Risk, says Moody’s
South Asia is the most flood-prone region, with almost 40% of its inhabitants susceptible to inland flooding and just over 5% at risk from coastal flooding at the 100-year return period level London: As the Southeastern US and central Europe contend with the aftermath...
Microinsurance Network announces partnership with African Insurance Organisation
Together, MiN and AIO, with additional support from the International Labour Organization (ILO)’s Impact Insurance Facility aim to create a robust platform for knowledge sharing, capacity building, and the promotion of product development to enhance the inclusive...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, ``Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but will...
Israel-Iran conflict: India Inc braces for wider sea trade disruption
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Maharashtra: 2 pilots among 3 killed as helicopter crashes in Pune
The helicopter belonging to the Delhi-based Heritage Aviation, a private firm, took off from the Oxford County Golf Course helipad in Pune and was heading to Juhu in Mumbai when it crashed at 7.40 am, they said. The reason for the crash is yet to be ascertained Pune:...
WTW to sell insurance distribution unit to public-equity firm for $632.4 million
“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...
Escalating conflict hurts India’s trade with West Asian countries
Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...
10 new Insurance Ombudsmen selected
The new Insurance Ombudsmen are -Sarojini S Dikhale, for Mumbai, Umesh Sinha, Thane, K Vinayak Rao, Chennai, Alka Jha, Chandigarh, Neerja Kapur, Bengaluru, Ajay K Sharma, Guwahati, Pradeep K Jain, Kochi, G Sobha Reddy, Hyderabad,Satyajeet Ranjan, Jaipur,...