The SC Bench comprising Justices Ahsanuddin Amanullah and R....
Category:
Non-Life
Latest
Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter
Atish Suri, CEO India, Middle East & Africa, stated,"In the...
Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million
During 2025, the growth of Peak Re was primarily driven by the...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
Everest Grp appoints Gary Haase as EVP&CEO of Legacy operation
Everest Group, announced the appointment of Gary Haase as Executive Vice President and CEO of Legacy Operations, effective December 1, 2025. Mr. Haase will lead the strategy and execution of Everest’s legacy insurance portfolios, driving capital efficiency,...
India Risk Report 2025: Resilience in the age of AI & shifting geopolitics
``While cyber, legal and technoligical risk remain top concern, the findings highlight rising preparedness and maturity in risk management practices. Yet one insight stands out -true resilience demands a culture that value adaptability , foresight and learning....
Willis appoints Anthony Wong as Head of Casualty in Asia
Willis, a WTW business , today announced the appointment of Anthony Wong as Head of Casualty in Asia, effective immediately.Based in Singapore, Anthony will be part of the Property & Casualty (P&C) business in Asia and reports to Paul Ward, Head of P&C...
“Competition in the group health insurance segment is intense”
Nilanjan Roy, Head of Group Business, ManipalCigna Health Insurance,in an exclusive interview with Asia Insurance Post, speaks about a few latest trends in the Indian health insurance industry What strategies is ManipalCigna adopting to expand its business, and how...
Maharashtra: Tribunal awards Rs 74 lakh compensation to family of accident victim
The New India Assurance Company contested the claim, arguing that the deceased was partly negligent and that the truck driver lacked a valid licence and vehicle fitness documents. However, the tribunal rejected these claims, noting that the insurer failed to provide...
GIPSA urges govt to notify new wage revision of PSU employees quickly
GIPSA in its communication to the fincial services department yesterday said,`` Unions have given their unanimous in principle agreement to the wage revision offer made to them by GIPSA management and have conveyed that they are eagerly awaiting the Gazette...
MACT awards Rs 18.32 lakh compensation to kin of man killed in road accident
In its order dated November 10, the tribunal said, "It is well settled law that negligence of the driver in case of road traffic accident is required to be established on the touchstone of preponderance of probability and standard of proof beyond reasonable doubt does...
Substantial growth in insurance biz since GST rationalisation: Irdai’ Sood
"What we've seen in October, that is an indication of how things will be. I think both the life insurance industry and the retail health has seen substantial growth, substantial interest coming from people," Irdai's member(Non-Life) Deepak Sood said, adding that more...