Global insurance premiums are set to grow by 2.3% in real terms in...
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Everest Grp appoints Gary Haase as EVP&CEO of Legacy operation
Everest Group, announced the appointment of Gary Haase as Executive...
India Risk Report 2025: Resilience in the age of AI & shifting geopolitics
``While cyber, legal and technoligical risk remain top concern, the...
Andhra hikes free medical treatment scheme limit to Rs 25L , monthly social pension to Rs 3K
YS Jagan Mohan Reddy,Chief Minister, Andhra Pradesh "Andhra Pradesh Cabinet has approved the proposal to launch the second phase of Jagananna Arogya Suraksha from January 1 and enhance the free medical treatment limit under YSR Aarogyasri to Rs. 25 lakhs and make it...
China issues draft plan for data security incidents
The plan, which is currently soliciting opinions from the public, proposes a four-tier, colour-coded system depending on the degree of harm inflicted upon national security, a company's online and information network, or the running of the economy Beijing: China on...
Period talks: Many women feel menstrual leave at workplace should be a valid option
Several countries across the world have taken the initiative of mandating paid menstrual leave at workplaces, including Spain, Japan, Indonesia, Philippines, Taiwan, South Korea, Zambia, and Vietnam With Women and Child Development Minister Smriti Irani saying...
Swiss Re acquires Fathom, a leader in water risk intelligence
Russell Higginbotham, CEO of Swiss Re Reinsurance Solutions, said: "We are very pleased to join forces with Fathom in our quest to narrow the protection gap for natural catastrophe risks, such as floods. Fathom's market-leading research and innovative tools in this...
Irdai chief stresses spreading of natural calamity covers in high-risk regions
Debasish Panda, Chairman,Irdai, is addressing an international seminar on ``Enhancing Insurance Inclusivity & Bridging the Protection Gap in India’ organised by National Insurance Academy in Mumbai Releasing the report, Irdai Chairman Debasish Panda said spreading...
Red Sea shipping costs rising after Houthis target more commercial vessels
War risk premiums have risen this week to between 0.1%-0.15% to 0.2% of the value of a ship, from 0.07% last week, according to market estimates on Tuesday. While various discounts would be applied, this still translates into tens of thousands of dollars of additional...
Road crash deaths down by 5% globally, numbers in India continue to rise: WHO
Nine in 10 deaths occurred in low and middle-income countries, and fatalities in these countries are disproportionately higher when set against the number of vehicles and roads they have New Delhi: Thirty-five more countries made notable progress, reducing the deaths...
Key risk trends for Directors and Officers in 2024: Allianz
Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated, and ESG claims are here to stay and proving challenging. D&Os need to be prepared for these headwinds and have a strategy that can adapt when presented with a block to the...
ACKO appoints Aravind Sampathkumaran as senior vice president, Core Products
ACKO has appointed Aravind Sampathkumaran as Senior Vice President, Core Products. With over 20 years of extensive experience in product management, Aravind brings a wealth of knowledge and expertise to further strengthen ACKO's commitment to innovation and...
China offers insurance to rubber producers to encourage planting, output
The scheme for producers in Hainan and Yunnan provinces, the main rubber producing regions, will stabilize producers’ income and increase planting acreage to boost the country’s rubber production, according to a joint statement by the finance ministry, agriculture...