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Marsh appoints Andrea Bono as CEO of India, Middle East, and Africa
Andrea Bono, CEO=designate, India, Middle East, and Africa (IMEA),...
Hurricane Melissa to trigger Jamaican Cat Bond, reinsurance losses
Hurricane Melissa will trigger the $150 million, International Bank...
Talent war, rising costs causing Indian employers to rethink benefits strategy: WTW Survey
In India, employers see risk and insurance benefits (51 per cent), health benefits (51 per cent) and career, training and development (43 per cent) as the most important benefits in their portfolios ''Economic factors, a tough labour market and tight budgets are...
Liberty General Insurance appoints Parag Ved as CEO Designate
Ved was the second official from Tata AIG General to become a CEO of another domestic general insurer after Amit Ganokar,also from Tata AIG General, had joined Chennai based Royal Sundram General Insurance as its MD & CEO a few months back MUMBAI: Liberty General...
UK watchdog sets three-month deadline to improve car insurance
The Financial Conduct Authority (FCA) said on Wednesday it had asked insurers to check if their products offer value for money, a requirement reinforced by the watchdog's tougher general "consumer duty" rule that came into force in July London: Britain's financial...
Miller expands reinsurance offering with establishment of new APAC treaty team
Ron Whyte, Head of Miller Asia, said: “APAC is a central pillar of Miller’s international growth strategy and a market in which we see clear long-term opportunities. We want to establish meaningful and value-add reinsurance capabilities in the region and establishing...
India can avert 4.6 mn deaths by 2040 with better hypertension control: WHO
Uncontrolled hypertension is known to cause heart attack, stroke and premature death. In fact, the report showed that 52 per cent deaths in the country due to cardiovascular diseases such as heart attack can be attributed to elevated blood pressure New Delhi: Better...
New India to integrate with ONDC soon, targets digital footprint increase by 10 to 15% annually: Kapur
Neerja Kapur, CMD, New India Assurance ``The insurer is taking lot of digital initiatives and is deploying artificial intelligence for doing motor Own Damage( OD) claim surveys up to Rs. 50,000. This is currently in the pilot phase. It will be rolled out to all its...
Panda urges key stakeholders to collaborate to tap massive Indian Surety Bonds market
``India is expected to spend around Rs 100 trillion on infrastructure through the National Infrastructure Pipeline in the next five years. This requires bank guarantees of around Rs 90 lakh crore in the next five years which banks currently do not have capacity for....
TMK hire underlines life sciences ambition
Burke’s appointment follows several recent significant hires and promotions at TMK including Benjamin Goldsmith as a political violence underwriter, Sam Bye as cyber underwriter, Asia Pacific, Aoife Woulfe, head of delegated cyber, Paul Gooch, divisional head of large...
Six of nine planetary boundaries now exceeded: Study
"Crossing six boundaries in itself does not necessarily imply a disaster will ensue but it is a clear warning signal. We can regard it as we do our own blood pressure," Katherine Richardson, professor at the University of Copenhagen in Denmark said. Human activities...
‘Radical reorientation’ needed as half of humanity lacks basic health coverage
“The fact that so many people cannot benefit from affordable, quality, essential health services not only puts their own health at risk, it also puts the stability of communities, societies and economies at risk,” said Tedros Adhanom Ghebreyesus, WHO Director-General...