Edgar Puls, CEO of HDI Global. HDI Global will sharpen its...
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Aon sets up a new office in Mumbai
Rishi Mehra, CEO, India and Head of Strategy, Human Capital, Asia...
Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions
In his new role, Fraccalvieri will be responsible for setting the...
Berkshire’s cash soars to $325 billion, Buffett sells Apple, Bank of America
Insurance underwriting profit fell 69 per cent, dented by rising claims, $565 million of losses from Helene, and a bankruptcy court settlement related to defunct talc supplier Whittaker Clark & Daniels Warren Buffett and Berkshire Hathaway extended their retreat...
SIRC announces panel line-up, Sets stage for crucial conversations to shape re/insurance industry’s future
Andreas Berger, Group CEO, Swiss Re After the keynote address by Gan Kim Yong, Deputy Prime Minister, Minister for Trade and Industry, Singapore, SIRC will kick off with an address by Swiss Re Group’s Andreas Berger as he makes his first conference appearance in Asia...
Global insured cat losses to exceed $102 billion: Aon
The report highlights that insured losses from primary perils during the first nine months of 2024 were relatively low, with no event exhibiting the potential to significantly impact the broader reinsurance market LONDON: A report by Aon plc reveals that there were at...
SUV sales a bright spot in carmakers’ October dispatches to dealers
Demand for new cars has slowed after two years of surging growth, forcing automakers to moderate sales to dealers and dish out higher discounts as showroom owners grapple with rising levels of unsold cars New Delhi: Some top Indian carmakers reported a surge in sports...
APAC presents an attractive growth narrative, facilitating sustained reinsurance capacity: S&P report
However, challenges are emerging, including rising physical risks, a slower economic outlook, and still costly retrocession cover, which may increase margin volatility, cautioned the report HONG KONG: Asia-Pacific continues to present an attractive growth narrative,...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant," the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by 2070 across...
New India turns profitable at Rs 71 crore in Q2FY25
Girija Subramanian, CMD, NIA, said, "It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium growth...
Ayushman Vaya Vandana Card to provide free hospital treatment to all above 70 years: PM Modi
Data shows that just about 20 per cent are covered by any health insurance with further variation across socio-economic categories, even as the majority of elderly face one or more chronic diseases and with increasing age, the challenges relating to activities of...
IFSCA chief Rajaraman to address 3rd edition of IIA annual event on Nov 20 in Mumbai
K Rajaraman,, chairperson, International Financial Services Centres Authority As `Insurance for All by 2047’ based on the principles of inclusive insurance has become a central objective the Indian government, insurance regulator IRDAI, the IIA Annual Event 2024 ...
“I apologize to all elderly people in Delhi, West Bengal”: PM Modi tears into opponents of Ayushman Bharat Yojana
Prime Minister Narendra Modi Prime Minister launched a portal for allied and healthcare professionals and institutes. It will act as a centralised database of existing healthcare professionals and institutes New Delhi: Prime Minister Narendra Modi on Tuesday unveiled...