By releasing an interim report, Indian authorities will not be...
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Iran would open Strait of Hormuz 30 days after peace deal
The United States is close to reaching a deal with Iran that would...
FSIB to select a new CMD for New India on May 28,6 PSU and Pvt sector officials in race
From PSU insurance sector, Lavanya Mundayur, CMD, Agriculture...
Law must remain responsive to lived human realities, says SC; enhances compensation
“If the law is capable of recognising anticipated economic progression as a valid loss, it is not too clear why emotional deprivation manifested in loss of love and affection must be viewed as an impermissible head, especially when Chapter XII of the Act (Motor...
In a competitive pricing environment, SCOR grows its P&C portfolio selectively, seizing profitable opportunities while maintaining a strong underwriting discipline. During the January 2026 P&C renewals, SCOR delivers EGPI1 growth of 4.7% for traditional...
Insurance rates in India, Middle East and Africa decline in Q42025: Marsh’s Global Insurance Market Index
Property rates in India experienced decreases between 15% to 25%.Catastrophe-exposed and high-hazard sectors (chemical, food, waste, recycling) faced declines of up to 20% in India; insureds in other regions generally saw declines of 10% to 15%.Cyber insurance rates...
Zurich Insurance set to take over Beazley for $11 billion
Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects
A draft “Policy framework and guidelines addressing State’s Liability towards third party damages arising due to Indian Space Objects”, is presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained...
AI Data Center: Staggering $3 trillion of debt to fund the artificial intelligence boom
Not even the world’s biggest technology companies—not Amazon.com, not Microsoft or Meta Platforms—are prepared to foot the bill with only their own cash. The massive equity investments in private companies such as OpenAI and Anthropic don’t come close to this...
Delhi tribunal seeks Centre’s help in road accident case cites policy vacuum
"There is a clear policy vacuum, and the family of the victim/cyclist cannot be left to struggle with fate. In these peculiar circumstances, the assistance of the Ministry of Road Transport and Highways (MoRTH) is necessary to understand if there is any policy/scheme...
Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...
IRDAI to come out with new regulations on industry’s commission structure soon:Seth
Ajay Seth, chairman, IRDAI ``We are working on the regulations pertaining to the new commission structure in the industry. There will not be any surprise element in it. We will soon put out a consultative paper on it and will like to have industry views before...
Budget 26-27:Ensuring macro stability, policy clarity and gowth opportunity
As India moves confidently towards its vision of Viksit Bharat, with right policy support,the insurance sector is committed to partnering in this journey protecting people, supporting businesses, enabling infrastructure, and building a more secure and resilient nation...