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Cost and stigma affect access to professional mental health care, AXA report
As a barrier, stigma varies too and is often rooted in social and...
IRDAI to ensure smooth transition to new commission rules, may launch Public Insurance Registry in Jan 28: Seth
Ajay Seth,chairman , IRDAI "The idea is to allow for an orderly...
AI becomes experts’ top concern, ahead of climate change:AXA Future Risks Report
Thomas Buberl, chief executive officer,AXA, said,``In a world where risks are evolving faster, multiplying and becoming increasingly interconnected, insurance is an essential factor of stability. This edition of the AXA Future Risks Report shows that, while artificial...
World Bank and Generali partner to advance insurance, resilience and investment solutions in emerging markets
LtoR: Andrea Sironi, chairman of Generali Group,Ajay Banga, President,World Bank Group,at an event in Bangkok to sign MoU between World Bank and Generali to mobilise private capital, strengthen resilience and expand targeted insurance and investment solutions across...
Surging Iranian attacks on ships crossing the Hormuz, threatens recovery in Persian Gulf oil exports
Ministers of OPEC and non-OPEC Participating Countries in the Declaration of Cooperation said shipping and insurance costs have surged to unprecedented levels of over one-third of the commodity value, impeding efficient movement of crude oil and products. Iranian...
Payment Habits: 3 in 4 urban Indians use their payment app for more than payments
More than half (52%) of consumers, who were surveyed, say they would prefer a single app for payments, investments, insurance and credit.At the consumer level, the impact shortfall is rooted in trust, according to the How Urban India Pays report 2026, released by...
MS Amlin and European Bank for Reconstruction and Development expand war risk insurance facility for Ukraine
The expansion of the Ukraine Recovery and Reconstruction Guarantee Facility(URGF), with MS Amlin's increasing its participation – which has led to more than €500 million of reinsurance coverage for goods and vehicles across nearly 10,000 policies to date – from €110...
Elliot Richardson appointed Chief Commercial Officer, Howden
Howden, the global insurance intermediary group, today announces the appointment of Elliot Richardson as Chief Commercial Officer for the Group, with immediate effect. The appointment is central to Howden’s new commercial strategy, designed to make full use of the...
Global semiconductor majors see value of their properties and inventories rise 12% to $529bn in 2025: Atrium
Nick Leppard,Head of Property Direct & Facultative at Atrium, says: “Semiconductor companies have a huge amount of capital tied up in highly specialised facilities, so any damage to these facilities can result in dramatic financial losses.There have been several...
UP: Over 2 lakh motor accident claims pending; training programme held for insurance officials
Dr Manu Kalia, member secretary, Uttar Pradesh State Legal Services Authority said more than two lakh cases are pending before motor accident claims tribunals across Uttar Pradesh. The figure does not include appeals and special leave petitions. Since insurance...
APAC medical cost growth projected to slow to 9.7% in 2027, Aon Report
The projected medical trend rate remains substantially above the forecast for APAC general inflation rate of 2.5%. After accounting for inflation, the net medical trend rate is expected to decline from 8.9% in 2026 to 7.2% in 2027. The decline in the regional trend...
SC directs centre and state govts to link accident, vehicle, insurance databases within 4 weeks
The Supreme Court directed the Centre and states to complete the integration "within four weeks from today positively" and file compliance reports, along with details sought in its previous orders, through affidavits.The directions came as the top court examined...