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Rising 3rd-party risks and persistent ransomware threats drive increased cybersecurity investments in 2026: Marsh
Among the key findings, nearly 75% of organizations globally...
Hong Kong plans new crypto,infrastructure rules for insurers
The insurance regulator would impose a 100% risk charge on...
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...
Global healthcare benefit cost increases projected to largely continue into 2024, WTW survey finds
“The high cost of new medical technologies is a key reason for the persistently high trend. Furthermore, in some regions, ongoing geopolitical conflicts and resulting displaced populations have negatively affected medical costs due to an increased need for care and...
MoRTH aims to halve road accidents and casualties by 2030: Gadkari
Nitin Gadkari,Union Minister,Ministry of Road Transport and Highways According to the latest report by Ministry of Road Transport and Highways (MoRTH), the number of road accidents in India went up 12 per cent to over 4.6 lakh in 2022, resulting in deaths of 19 people...
GIC reaches agreement to buyout Cinven’s stake in Miller
``This further investment in Miller is consistent with GIC’s strategy of developing long-term relationships with our portfolio companies and targeting the highest quality businesses. The defensive nature and strong market dynamics of the (re)insurance market, coupled...
WTW appoints new Corporate Risk & Broking Southeast Asia and Singapore leaders
``From these regions, we see increased awareness of risk and strong demand from companies for more sophisticated risk transfer solutions, driven by data insights and created with specialty expertise'' Singapore: WTW, a leading global advisory, broking and solutions...