This debt fund will invest in small to medium-sized commercial...
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D&O Market in 2026:Geopolitics and cyber drive risk exposures
For D&O insurers, the US especially is a highly complex market...
Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set...
SBI General launches a comprehensive health insurance product
There are four plans under the product which offers wide range of sum insured options ranging from Rs. 3 Lacs to Rs. 2 crores, and the policy tenure can be opted from one to three years. This product is designed to cater to a broad spectrum of customers, including...
Howden Tiger and Conning release research on the rise of asset-light insurance structures
David Flandro, Head of Industry Analysis and Strategic Advisory, Howden Tiger said, “The numbers are revealing; premiums underwritten by non-affiliated US MGAs have more than doubled since 2018, rising to $33 billion in 2022. It is evident that asset-light structures...
Implementation of digital technology changed dynamics of healthcare delivery: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya Through National Digital Health Mission, we are opening the Ayushman Bharat Health Account (ABHA) account, and by checking their account, they can check their health record. Their health history will be there in that account,"...
Morocco survivors seek aid as earthquake toll passes 2,100
The government said on Sunday it has set up a fund for those affected by the earthquake. Survivors of Morocco's deadliest earthquake in more than six decades struggled to find food, water and shelter on Sunday as the search for the missing continued in remote villages...
G20 Delhi Declaration calls for implementing ‘One Health’ approach
"Promote the One Health-based approach driven by the Quadripartite One Health Joint Plan of Action (2022-2026). Enhance the resilience of health systems and support development of climate- resilient and low-carbon health systems in collaboration with MDBs, and support...
In a first, PSU general insurers’ market share below a third of industry
Public sector insurers saw their premium income fall by 1 per cent to Rs 34,203 crore during the first five months of the current fiscal. As a result, their market share plunged to less than a third at 32.5 per cent from 33.4 per cent, while premium income slipped...
Constructive collaborations and client centricity will be key to successful negotiations
The rebound in the ILS market in 2023 has seen it now contributing a record $100 billion in risk transfer capacity, thereby acting as a key supply-side driver in the property catastrophe space. Within the ILS sector, catastrophe bond issuance set a 1H record, having...
Global fears are feeding demand for re/insurance: Lloyd’s CEO
John Neal,Chief Executive Officer,Lloyd’s of London Rising inflation, recession worries, climate threats and geopolitical tensions are making individuals and businesses more wary of risks, according to the head of the insurance exchange. While in a normal year...
Victims to get free treatment within 48 hours of road accident in Punjab: Health minister
''We are also identifying government hospitals situated on state highways to establish and activate robust critical care units so that people can avail world-class treatment at government health facilities,'' the minister said Chandigarh: The Punjab government will...
IRDAI is working towards 100% cashless claim settlement in health insurance: Panda
``I am happy to inform that all general and health insurers and four TPAs have already on-boarded on NHCX sandbox and are in the process of full integration. it will be an important milestone in democratizing insurance access and ensuring sufficient coverage,'' said...