Presiding officer Sudeep Raj Saini observed that merely because the...
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IRDAI chairman Seth meets Indian reinsurers
Ajay Seth, chairman,IRDAI ``It was an introductory meeting and had...
Crop loss from floods wild animals now covered under PM Fasal Bima Yojana: Chouhan
"I want to give good news to farmers. PMFBY, which provides risk...
UN climate report: Doctors warn of rise in heat-related health risks
Climate change poses significant health risks, particularly in the realm of respiratory health. Climate change exacerbates air pollution, which worsens conditions of people who already have respiratory ailments like asthma, pneumonia, lung cancer, etc,” Dr Vikas...
Amitabha Ray to succeed Hadi as CEO of Swiss Re’s India Branch
Ray succeeds Hadi Riachi, who has been shifted as Head of the Global Underwriting Centre for Swiss Re Corporate Solutions Singapore: Swiss Re, the second largest global reinsurr, has elevated Amitabha Ray, Head of P&C Client Markets and Chief Underwriting Officer...
Health and safety overtaking cyber as top risk for APAC directors and officers: WTW survey
“The responsibilities incumbent upon directors and officers in APAC continue to evolve and become more nuanced, with aspects, such as employee safety, ESG-related obligations and cybersecurity-related pressures to be cognisant of. All set with a backdrop of...
Sompo appoints Richard Allen as Commercial P&C Insurance Chief Underwriting Officer,Global Markets
LONDON: Sompo on Tuesday appointed Richard “Rick” Allen as its chief underwriting officer (CUO) for its Global Markets Commercial P&C insurance business. Based in the London, Allen will work closely with the commercial P&C insurance chief underwriting officers...
Lloyd’s and UNCDF to run parametric insurance training in climate vulnerable countries
Initially focussing on building and scaling solutions across Fiji and the Pacific Islands, the partnership will also seek to replicate the model in other regions, including Asia and parts of Africa London: Lloyd’s, the world’s leading marketplace for insurance and...
Bangladesh, Pakistan and India bottom in air quality rankings in 2023, data shows
Average concentrations of PM2.5 - small airborne particles that damage the lungs - reached 79.9 micrograms per cubic metre in Bangladesh in 2023, and 73.7 micrograms in Pakistan. The WHO recommends no more than 5 micrograms Singapore: Pakistan remained one of the...
Lockton makes 3 key appointments for its India ops
Us based Lockton, which has set up its operations in India recently, has appointed Mukul Bhatia, Irfan Shirwani, and Prasanna Hunur as team members in the country .These key additions will support Sandeep Dadia, chief executive officer of Lockton in India, in driving...
IRDAI Board meets today, to approve Bima Sugam
Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd, built with an intial corpus of Rs 200 crore and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having...
India’s navy takes control of bulk carrier hijacked by Somali pirates and evacuates crew
Activity from Somali pirates has dropped in recent years, but there has been growing concern it could resume amid the political uncertainty and wider chaos in the region that has included attacks on ships by Yemen’s Houthi rebels New Delhi: The Indian navy said late...
Swiss Re’s Thorsten Steinmann to succeed Michael Pickel at Hannover Re
Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland Hannover: The Supervisory Boards of Hannover Rück SE and E+S...