Lto R- P.K. Prajapati, director, All India Institute of Ayurveda, S...
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U.S. cyber insurance market bounces back,raises underwriting risk:Fitch
While the market remains profitable, deteriorating incurred direct...
Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025
In Asia, the upstream market also remains decisively...
Rising tensions in Middle East may impact trade, push up freight, insurance costs
``The disruption in the Strait of Hormuz threatens a major share of India's crude oil and LNG imports, raising freight costs, insurance premiums, and fuel prices, while a surge in global oil prices could widen the current account deficit and fuel inflation''GTRI...
Govt to meet shipping firms and exporters on Monday to assess impact of Iran tensions on trade
Iran's state media said on February 28 that the Islamic Republic has shut the Strait of Hormuz - one of the world's most critical energy chokepoints through which about a fifth of global oil and gas supplies transit - in response to US and Israeli missile strikes. "We...
Healthcare should be affordable to all; Ayushman Bharat scheme fulfills vision: PM Modi
Prime Minister Narendra Modi PM Modi highlighted the potential of Puducherry to emerge as a major medical tourism hub, pointing out that the region already has nine medical colleges Puducherry:Prime Minister Narendra Modi on Sunday said healthcare should be...
Airports, hotel hit in overnight Iranian strikes in UAE, missiles and drones intercepted
"The Ministry stated that, since the beginning of the attack, 137 Iranian ballistic missiles launched towards the UAE had been detected, of which 132 were destroyed, while five fell into the sea. A total of 209 Iranian drones were also detected; 195 were intercepted,...
Middle East Crisis: 444 flights expected to be cancelled on March 1, Flight disruptions hit passengers across India
“Passenger assistance, airline coordination, and terminal crowd management are being closely monitored, with senior officials deployed on the ground,” said the aviation regulator. New Delhi/Mumbai:After a massive disruption due to airspace closures across Iran and...
West Asia Crisis:Oil, gas tankers avoid Strait of Hormuz as tensions intensify
Tracking data shows some tankers turning around, and at least one shipowner decided not to send its vessel into the strait as a result of the broadcast. Some vessels continue to pass through though — seven ships were seen exiting Hormuz while six were entering after...
Middle East conflict: Exporters fear rise in logistics, insurance costs, impact on shipments
"Air routes are being altered, and maritime trade through the Red Sea and key Gulf straits faces heightened uncertainty. If diversions become prolonged, shipments may increasingly have to reroute via the Cape of Good Hope, adding an estimated 15â20 days to transit...
Miller expands reinsurance offering into MENA through acquisition of Shields
James Hands, CEO, Miller, said, “Miller has worked with clients in MENA for decades and we are incredibly excited to have found a long-term partner in Shields to enhance our offering and reach. This acquisition will allow us to access a new placement hub in Dubai and...
US and Israel launch military attack against Iran, could last days
The attack pushes the Middle East into a renewed military confrontation and further dims hopes for a diplomatic solution to Tehran's long-running nuclear dispute with the West. U.S. and Isreal have launched military strikes against Iran on Saturday plunging the Middle...
AM Best revises outlooks to positive for ICICI Lombard General Insurance
Despite its lack of underwriting profitability, ICICI Lombard has consistently outperformed India’s general insurance market. The company’s investment income, including capital gains on equity investments, remains a key contributor of overall earnings to offset...