Amit Shah, Union Home Minister ``As a result of the efforts of the...
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APAC Employee Benefits Strategy: Health and productivity as top priorities
"As organisations navigate economic uncertainty and rising employee...
Charles Taylor appoints Gordon Tennant as regional director of Marine Technical Services in Asia
Charles Taylor, a global leader in loss adjusting, has appointed...
SBI Gen’s net profit jumps 40% to Rs184 cr in FY23
Kishore Kumar Poludasu, MD & CEO, SBI General Insurance, said, “SBI General has continued to grow steadily in FY 22-23, and has achieved a milestone of being one of the early companies to...
WHO launches Health Inequality Data Repository
The Health Inequality Data Repository (HIDR) includes nearly 11 million data points and consists of 59 datasets from over 15 sources. The data include measurements of over 2000 indicators broken down by 22 dimensions of inequality, including demographic, socioeconomic...
Australia’s Optus hit with class action over cybersecurity breach
The class action members want compensation for the time and money required to replace identity documents and for distress, frustration and disappointment caused by the breach. The release did not specify an amount. Claimants include a stalking victim who fears her...
SCOR’s premium rise 5% to EUR 928 million in Apr 1 renewals
Jean-Paul Conoscente, CEO of SCOR P&C The main rate increases were achieved on non-proportional treaties (+23%), in line with the trends observed during the January 1, 2023 renewals (+24%), with notably average rate on line increases on CAT XL programs of 20% in...
Kshema General Insurance appoints Vyasa Krishna Burugupalli as its MD & CEO, to focus on Agriculture & Food Sectors
Vyasa Krishna Burugupalli, MD &CEO, Kshema General Insurance Company Hyderabad: Kickstarting its operations, Kshema General Insurance Company, the country's newest general insurance company with an exclusive focus on agriculture, has appointed Vyasa Krishna...
Scorching temperatures hit Asia’s power grids, raise region’s health risks
While this time of year is typically the hottest for India and parts of Southeast Asia, the soaring temperatures continue a pattern of severe weather over the past several years that’s testing the ability of governments to protect public health and prevent disruptions...
Gallagher launches new brokerage in Japan
Speaking on Gallagher’s expansion plans in Asia, Thomas Wang,CEO North Asia, said,`` “Gallagher has grown in Asia over the last few years and with a number of the emerging economic global powerhouses based in the region it is an area of expansion for us. Having a team...
MS Amlin expands Risk and Compliance functions with key senior hires
LONDON: MS Amlin, the Lloyd’s global (re)insurer, today announces the appointment of Ruth Adamson as Head of Insurance and Financial Risk, and Kevin Ball as Head of Compliance. Joining later this year, both new hires will report to Chief Risk Officer, Vishal Desai. MS...
Global Nat Cat economic losses reach $77 Billion in Q1 2023, the highest Q1 total in 12 years, Gallagher Re
Public and private insurance entities covered at least an estimated $22B of that total, resulting in a 72% or $55B protection gap, the portion of the economic loss not covered by insurance The February earthquake sequence in Turkey and Syria accounted for an estimated...
NHA invites participation on the ‘National Health Claims Exchange-Sandbox’ under Ayushman Bharat Digital Mission
The current health insurance claims settlement process in the country is mostly manual, non-digital and laborious in nature posing challenges at every stage. The current process of exchanging claims lacks standardization across the ecosystem with most data exchange...