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ASR announces agreement for strategic investment by Vitruvian Partners
Mikir Shah, Chief Executive Officer, Africa Specialty Risks said:...
June1 Renewals:Softening accelerates against a riskier world as economic returns compress, says Howden Re
The paradox of softening pricing in a demonstrably riskier world is...
Climate Intelligence:Turning weather data into financial gain
The weather was always data. We just never learned to treat it as a financial signal.That is now changing, and it is changing faster than most people realise.The missing link has always been the intelligence layer that connects real-time weather data to real-time...
New Mandatory Norms:IRDAI asks insurers to disclose KMP pay metrics, Policyholder Service performance on websites
Ajay Seth, chairman, IRDAI ``Evolving expectations of customers and needs of the economy require us to place greater emphasis on measurable customer outcomes, transparency in decision-making, responsiveness, and sustainable value creation. Accordingly, the revised...
GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share
GIC Re's Combined ratio improved marginally to 103.43 per cent in Q4FY26 from 103.56 per cent a year earlier “On the back of disciplined underwriting, consistent execution, and our strategic approach, we hope and believe that we will continue to improve and perform to...
US launches new strikes as talks stall,Iran says strikes violate ceasefire
Marco Rubio,U.S. Secretary of State Following strikes against targets that the U.S. said included boats attempting to lay mines and missile launch sites, U.S. Secretary of State Marco Rubio told reporters on his plane in India's Jaipur that the Strait of Hormuz had...
Swiss Re appoints market heads in different regions
Rafael Schneider,Market Head, Germany, will become Market Head Mediterranean & Middle East.He will be succeeded in this role by Kristina Franke. Zurich:Following last month's announcement about Anna Ziswiler's move to Asia, Swiss Re has announced the new market...
Asia emerging as a key global growth engine for cyber insurance market:Report
The report, “Unlocking Asia’s Cyber Insurance Opportunity: The Broker’s Role in Growth”, notes digital adoption is accelerating across the region, yet standalone cyber insurance penetration remains structurally low. In many markets, fewer than five percent of small...
Aon appoints Christian Hoffman as global CEO of Commercial Risk
Christian Hoffman, Global CEO, Commercial Risk, Aon In this role, Hoffman will lead Aon’s global Commercial Risk business, advancing the firm’s strategy to help clients navigate increasing volatility by connecting their complex risk needs with the most efficient forms...
Govt prepares interim, not final, report as Air India crash anniversary nears
By releasing an interim report, Indian authorities will not be required to share the findings ahead of time with the U.S. National Transportation Safety Board (NTSB), which is participating in the investigation because the aircraft was designed and manufactured in...
Iran would open Strait of Hormuz 30 days after peace deal
The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, regional officials told The Associated Press on Sunday, though U.S. President Donald Trump said...
FSIB to select a new CMD for New India on May 28,6 PSU and Pvt sector officials in race
From PSU insurance sector, Lavanya Mundayur, CMD, Agriculture Insurance Company(AIC), Mini George, executive director(ED),AIC, S Sivasankar,ED, New India Assurance, and from the private sector, Ashok Lahoty,actuary, National Insurance Company,and Prabha Chokani, Head...