The report highlights Q1 economic losses of at least $37 billion...
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Beazley launches a new Marine War consortium,to provide $1 billion of Lloyd’s capacity
Adrian Cox, CEO at Beazley, said,“I’m proud that the Marine market,...
Ayush treatments:All India Institute of Ayurveda and GI Council sign MOU for revamping claim settlement
Lto R- P.K. Prajapati, director, All India Institute of Ayurveda, S...
India to deepen engagement with Singapore-based ship safety agency
Overall, ReCAAP engagement with the law enforcement agencies has been good and a successful arrangement is in place for ships to sail through Asian waters safely, though the weakest point is still the Straits of Malacca and Singapore (SOMS), where sea robberies have...
ICICI Lombard’s official accidently posts financial results of Dec quarter in WhatsApp
"Though this information is in draft form and subject to changes during the ongoing audit, as a precautionary measure and in compliance with good corporate governance practices, the Company is reporting this incident to the Stock Exchanges," the statement said Mumbai:...
Jeju Air crash victims could have all survived without concrete barrier, lawmaker says
The Boeing 737-800 coming from Bangkok belly-landed and overran the runway at Muan International Airport, killing almost everyone on board after it struck a concrete support for a localiser antenna. The only survivors were two flight attendants at the far rear of the...
India data centre capacity more than doubled to 387 MW in 2025, projected to triple by 2030: Report
Market demand also saw a steady rise, with data centre absorption growing 5 per cent annually to 427 MW IT in 2025 from 407 MW IT the previous year. Total operational stock reached 1.5 GW IT by the end of 2025, with 33 per cent of that capacity dedicated to...
Geopolitical Risks: Venezuela and the shifting map of insurance risks in the Caribbean
While Venezuela has long been a marginal market for most international insurers, the current situation matters because it could disrupt regional transport corridors and trade routes covered by global insurers Recent geopolitical developments in Venezuela have brought...
Govt may approve PSU gen insurers’ wage revision proposals by Feb 15
Parshant Kumar Goyal, joint secretary, DFS In a meeting of all stakeholders, including chief labour commissioner(CLC), today, Parshant Kumar Goyal, joint secretary, DFS assured that the Feb 15 deadline will be the maximum timeline and the department try to get the...
Bajaj Group completes acquisition of 23% stake in insurance companies from Allianz for Rs 21,390 crore
Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv. The transfer of Allianz’s remaining 3% stake is expected to be completed over the nextfew months through a proposed buyback of shares by the insurance companies, subjectto applicable law and necessary...
Berkshire Hathaway raises new CEO’s salary to $25 million
Compensation for Greg Abel set by Mr. Buffett during that period, and included a $21 million salary in 2024, a $20 million salary in 2023, and a $16 million salary plus a $3 million bonus in 2022.Mr. Buffett awarded Vice Chairman Ajit Jain, who oversees Berkshire’s...
Aon’s Eric Andersen to join as AIG’s President and CEO-Elect
During his time as President of Aon from 2020 through 2025, Andersen led global programs that achieved gains in operational efficiency, improved performance for clients and the firm, increased shareholder returns and grew market value from $35 billion to $85 billion....
DIIs lend robust support to Indian markets, led by mutual fund assets in 2025
Insurance companies and domestic pension funds also saw their equity assets rising with the former witnessing a 12.6 per cent surge to Rs 26.81 lakh crore and latter posting 66 per cent jump to Rs 4.38 lakh crore. Collectively they bought more than Rs 1.4 lakh crore...