Ivan Gonzalez, chief executive officer of Corporate Solutions at...
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Keralam govt forms panel to roll out Oommen Chandy Health Insurance Scheme with Rs 25 lakh cover
V.D. Satheesan,Chief Minister, Keralam Three insurance-sector...
Marsh launches Broker WorkBench: AI-powered platform to reduce placement times for specialty risk
“This new platform will enhance the value of the broker-client...
Soaring cost making some long-distance crude trades uneconomical
But for oil traders, the risk is that shipping becoming prohibitively expensive. They're concerned that the higher costs make it unprofitable for some refiners to turn crude into fuels, deterring them from buying cargoes that have to sail over long distances, even...
Zurich Kotak General Insurance launches SMEs solutions on digital platform
Zurich Kotak General Insurance is leveraging Zurich’s globally-proven tech stack – Zurich Edge – the modular solution offers SMEs access to comprehensive business protection through a single interface, supporting their end-to-end insurance journey encompassing...
Strait of Hormuz would not be reopened until Iran’s conditions fulfilled: Parliament Speaker Ghalibaf
"And until these conditions are fulfilled, the legitimate rights of the Iranian people are recognised, and the commitments of the Americans are implemented, there will be no opening for returning to the previous conditions of negotiation and the opening of the Strait...
Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities
Sanjay Joshi, CMD,Oriental Insurance Company On the claim settlement side, Joshi said, "The company recently launched its end-to-end digital journey for Motor Own Damage (OD) claims, aimed at making claims processing faster, more transparent and convenient for...
Power Assets: AI and data centre growth drive insurance demand across Asia
Lyo Foo, Head of Power, Natural Resources Asia, at Willis said, “AI and data centre growth are making reliable power a strategic asset across Asia. As large, concentrated loads expand, risk can no longer be assessed in silos: generation, grids, cooling, water,cyber,...
Hong Kong sets out initiatives to secure long-term development of pillar industries
"We will consolidate and enhance Hong Kong's status as an international financial centre, and stay committed to our global positioning," Hong Kong's Chief Executive John Lee said Hong Kong: Hong Kong's Chief Executive John Lee rolled out various measures to develop...
Majority of digital infra stakeholders faced material disruption in 5 yrs: Economist Enterprise–FM report
“As organisations scale, the challenge is not simply managing individual risks, but understanding how cyber, energy, climate and supply-chain disruptions can interact across increasingly interconnected systems. Resilience needs to keep pace with growth and inform...
Warren Buffet’s son Howard succeeds him as chairman of Berkshire Hathaway
Howard G. Buffett, chiarman,Berkshire Hathaway Inc Warren E. Buffett has been named chairman emeritus of the company Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail...
Power infra the biggest risk factor in India’s data centres: Howden report
Between 2016 and 2025, the power consumed by data centres built in India grew 68-fold, at a 60% CAGR as per the recent S&P data. The demand is forecast to reach 57 TWh by 2030. Increasingly, hyperscale campuses are looking to on-site, behind-the-meter generation...
Global Data Centre Boom: Emerging risks becoming more pronounced
For the insurance market, this convergence of physical and digital risk presents challenges around aggregation clauses and the boundaries between cyber, property and war cover. Addressing these exposures will require rigorous cyber-physical risk assessment and greater...