He previously held several senior roles at Aon including CEO, South...
Category:
Non-Life
Latest
Automobile retail sales rise 7% in January, PV segment up 16%: Fada
"Our observations indicate that each vehicle category --2W, 3W, PV,...
LA wildfire losses can touch $164 billion, report says
Insured losses are estimated at $75 billion.The disaster will...
MoF may ask a GIC Re official to hold charge of NIA CMD
According to sources in the industry, some of the general managers of GIC Re, who are being considered to hold charge at NIA are Madhulika Bhaskar and Jayshree Ranade New Delhi: The Ministry of Finance may ask a senior official of GIC Re to head New India...
Maha: 236 people died in road accidents in Raigad in 2021
Apart from internal roads, the heavily patronized Mumbai-Goa national highway and a stretch of the Mumbai Pune Expressway pass through the district Mumbai: A total of 236 people died and nearly 500 were injured in 688 road accidents in Maharashtra's Raigad district in...
At least 10 dead in Indonesia earthquake as search continues
Indonesia, a vast archipelago of 270 million people, is frequently struck by earthquakes, volcanic eruptions and tsunamis because of its location on the "Ring of Fire," an arc of volcanoes and fault lines that arcs the Pacific Jakarta: Search efforts continued Sunday...
New California rules aim to lower property insurance rates
New rules will require insurance companies to factor property owners’ improvements into the pricing of residential and commercial coverage SACRAMENTO, Calif: California’s insurance commissioner announced new rules on Friday aimed at lowering premiums for people who...
Russia’s invasion of Ukraine likely impact the global insurance industry substantially near to midterm: AM Best
“Further sanctions may impact the ability of international insurers and reinsurers to underwrite Russian risks or make it more difficult for them to service claims on existing policies,” said Anna Sheremeteva, financial analyst, AM Best LONDON: International rating...
Tata in talks with aircraft makers over order for Air India: Sources
Tata had begun preliminary discussions with the planemakers and lessors for jets including Airbus A350-900s and Boeing 787-9 Dreamliners, citing people familiar with the matter New Delhi: Planemakers Boeing Co and Airbus SE have met executives from India's Tata Group...
Insurance costs of shipping through Black Sea soar
Ship insurers have quoted the additional premium rate for seven days at anywhere between 1% to 2% and up to 5% of insurance costs, from an estimated 0.025% on Monday before Russia's invasion began, according to indicative rates from marine insurance sources This would...
Swiss Re appoints Paul Murray as CEO Reinsurance Asia and Regional President
Paul Murray, CEO Reinsurance Asia, Regional President Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “We are pleased that Russell Higginbotham has accepted this new important position, driving forward our Reinsurance Solutions strategy. This is a...
Cyberattacks accompany Russian military assault on Ukraine
Officials have long expected cyberattacks to both precede and accompany any Russian military incursion. The combination of DDoS attacks, which bombard websites with junk traffic to render them unreachable, and malware infections hewed to Russia's playbook of wedding...
UK to ban Aeroflot airline in ‘largest package’ of Russian sanctions
The “largest and most severe package” of economic sanctions against Russia tabled in the House of Commons includes a full asset-freeze of Russian state-owned bank VTB and powers to allow the UK to exclude Russian banks from Britain's financial system. London: Prime...