A disruption to supplies through the Red Sea, the route currently...
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Red Sea war insurance costs rise after Houthi blockade, sources say
Indicative war risk premiums rose to around 0.75% of the value of...
Iran and US widen attacks, raising fears for Gulf shipping and water supplies
Oil prices briefly jumped above $90 a barrel after renewed...
New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’
LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed
The renewed violence casts further doubt on the future of an interim U.S.-Iranian agreement signed last month that aimed to reopen the strait and end the war after a further 60 days of negotiations.The renewed violence casts further doubt on the future of an interim...
Bavi hits China, Millions evacuated
Scientists say climate change is increasingly exposing the world’s second-largest economy to destructive weather events, with this year of particular concern due to the expected emergence of the El Nino weather pattern, which could drive up temperatures and fuel more...
China unveils to make Shanghai an international reinsurance center
The several measures comprise eight provisions focusing on guiding institutional layout, improving unified registration, accelerating platform development, enhancing capacity supply, deepening reform and opening-up, expanding cross-border cooperation, strengthening...
Rs 67.48 lakh compensation awarded to kin of man killed in bus accident
Presiding Officer Manish Sharma heard the claim petition filed by the family of Shakeel Ahmed and directed Reliance General Insurance Company Ltd, the insurer of the offending bus, to pay Rs 67,48,200 along with interest at 9 per cent per annum to the victim’s family....
NITI Aayog convenes a stakeholder consultation on implementation of SHANTI Act 2025
Stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act’s implementation. The discussion also covered suitable insurance arrangements for long-term projects, along with strategies to strengthen public awareness,...
July rainfall brings relief, Yet agriculture risks remain: CRISIL
"Current Using its Deficient Rainfall Impact Parameter(DRIP) scores point to significant stress in Karnataka, Bihar, Uttar Pradesh, Andhra Pradesh and Telangana, with milder stress evident in Haryana," the report said. New Delhi: Early July rains have eased immediate...
Standalone health insurers grow 30.9% YoY: YES Securities
Gross Direct Premium Income (GDPI) for standalone health insurers rose 30.9 per cent year-on-year to Rs 43.7 billion in June, significantly higher than the 15.1 per cent growth recorded by private diversified insurers and the 13.2 per cent growth seen in public sector...
US-Iran strikes choke ship traffic through Strait of Hormuz
London marine insurers also reported seeing fewer inquiries for journeys to transit the strait and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Traffic through the Strait of Hormuz came to a...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...