“As cyber threats grow more complex and interconnected, companies...
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Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC
The solution is tailored for insurers in EMEA and APAC. This...
Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025
The wildfires that swept through parts of Los Angeles County in...
Strong earthquake of 6.8 magnitude kills at least 13 in Ecuador, 1 in Peru
The U.S. Geological Survey reported an earthquake with a magnitude of about 6.8 that was centred just off the Pacific Coast, about 50 miles (80 kilometres) south of Guayaquil, Ecuador's second-largest city. One of the victims died in Peru, while 13 others died in...
Small oil tankers emerge to help Russia beat sanctions
The cost to use fuel tankers has skyrocketed since the EU ban, as ships enter the dark fleet and become unavailable — and uninsured by European maritime service providers — for regular trade routes, such as moving gasoline from Europe to New York. First, a small...
DDMA discusses preparedness for earthquake, prevailing H3N2 Flu situation
The Delhi Lt. Governor asked for retrofitting of all schools, hospitals, police stations, other critical government offices and vulnerable buildings especially in the 'Special Area' and old Delhi localities, according to the Earthquake Resilient Building Code. New...
RR Singh appointed as CMD of OIC
Rashmi Raman Singh, CMD,OIC Singh, a direct recruit officer belonging to 1987 batch of OIC, will be retiring in Feb 2025 New Delhi: Rashmi Raman Singh,58, general manger & director, Oriental Insurance Company(OIC), has been appointed as the CMD of the company...
MACT awards Rs 13.18 lakh compensation of man killed in motorcycle accident
MACT member M M Walimohammed ordered the driver of the errant vehicle and the insurance company Bajaj Allianz Insurance Co Ltd to jointly and severally pay the compensation to the claimants along with 8 per cent per annum interest from the date of filing of the claim...
ACKO acquires digital health platform in maternity & child health space
The platform, combined with ACKO's core insurance offering, will deliver personalised content and services to enable better healthcare choices, informed decisions, and improved outcomes Bengaluru: ACKO on Thursday has acquired Parentlane, a digital health platform in...
HDFC ERGO General launches ‘Vidyaavriksh’ learning academy
HDFC ERGO General Insurance Company launcheed 'Vidyaavriksh' learning academy, to enhance the skills of the young workforce. This academy will focus on specialised courses and function-specific training pathways under seven distinct academies namely Leadership...
U.S. insurers’ direct exposures to bank failures modest; Liability profiles support stability, says Fitch
Fitch's sector outlooks for U.S. Life and U.S. P&C are ‘neutral’ Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure to the failed banks (comprising...
Echo Re leverages ADEPT to drive efficient data exchange with Aon in Asia
ADEPT (ACORD Data Exchange Platform and Translator) facilitates real-time data exchange, translation, and transformation. It integrates with existing platforms, portals, and infrastructure to connect trading partners around the world, regardless of their existing...
Gallagher promotes James Kent to lead Global Insurance Strategic Relationships
In this role, James will be responsible for establishing and driving the framework that determines how Gallagher connects with its major strategic partners in the (re)insurance eco-system, including further investment in capital advisory and portfolio solutions....