It was the strongest quake to strike the Philippines this year, and...
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US strikes Iranian sites after Iran launches drones, in latest Gulf flare-up
Iran’s Revolutionary Guards said they had attacked U.S. bases in...
India’s GDP expands 7.8% in Q4, full year growth hits 7.7%
Prime Minister Narendra Modi said the 7.7 per cent GDP growth for...
Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war
The escalating tensions will hurt earnings of the firm with operations in 27 nations “very directly” as investor flight hits global equity markets and as rising fuel prices trigger inflationary pressure, which will result in higher borrowing costs.You impact consumers...
Iran laying mines in the Strait of Hormuz:UK Defense Secretary John Healey
John Healey,UK Defense Secretary The narrowness of the Strait of Hormuz — it is less than 25 miles (40 kilometers) wide at the thinnest point — makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the...
Chubb to be lead partner on US’s $20 billion Maritime Reinsurance Plan
“Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity,” the agency added. US insurance giant Chubb will be the lead partner on the U.S. International...
Shipping in Straits of Hormuz halted due to safety concerns, not insurance,says IUA chief executive
“Most prominent is shipping in the Straits of Hormuz where trade has been halted, not by a lack of available insurance, but by obvious safety concerns. The market for marine war risks is operating in the manner we would expect, given the increase in threats to...
Drone strikes near Dubai airport deepen Gulf aviation chaos
The U.S.-Israel war against Iran has led to tens of thousands of flight cancellations, reroutings and schedule changes worldwide, shutting much of the Middle East’s airspace – including Qatar's – due to missile and drone threats. DUBAI: Two drones fell near Dubai's...
Parthanil Ghosh appointed as MD and CEO of HDFC ERGO General Insurance
Parthanil Ghosh, MD &CEO designate, HDFC ERGO General Insurance Theo Kokkalas, chairman of the Board of Management of ERGO International AG and Chief Operating Officer of ERGO International said“India is a strategic growth market for us, playing a significant role...
Govt undertaking special drive to enable cooperative banks to become insurance distributors: Amit Shah
Amit Shah,Union Minister for Home and Cooperation Under the campaign, in alignment with the goal of Insurance for All by 2047 and to realise the vision of Sahakar se Samriddhi, a special drive has been undertaken by the Ministry of Cooperation to enable Cooperative...
Shriram General Insurance launches Shri Health Suraksha 2.0
Shriram General Insurance Company (SGI) today announced the launch of Shri Health Suraksha 2.0, an enhanced health insurance suite engineered for greater flexibility and "all-inclusive" protection.Key Features of Shri Health Suraksha 2.0:Automatically restores the sum...
Looking to help exporters at insurance front to deal West Asia crisis: Goyal
``We are looking for developing some new schemes like insurance support… We are consulting ECGC (Export Credit Guarantee Corporation) and other departments on that," Commerce and Industry Minister Piyush Goyal NEW DELHI: Commerce and Industry Minister Piyush Goyal on...
Wedding Insurance:Securing bride’s dream day
In 2024–25, the average Indian wedding cost has risen to nearly ₹30–35 lakh, with families embracing multi-day functions, couture fashion, and immersive décor and destination venues. Financial mindfulness is becoming a natural part of wedding preparation, ensuring...