Reinsurers have been surprised with the price drop on risk which...
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War risks insurers win bid to appeal UK ruling on jets lost in Russia
London’s High Court ruled in June that AerCap can recover just over...
Apr1 Renewals: property-catastrophe rates fall, acute stress across multiple specialty lines due to ME geopolitical turmoil, says Howden Re
Looking ahead, mid-year 2026 renewals are expected to face more...
Data Centers: AI and cloud computing drive global construction boom
According to market research, up to $7 trillion will be spent on data centers by 2030 – a huge sum driven largely by technology companies in the US and China, while Europe lags a few paces behind. The tech industry’s big three, Amazon, Microsoft and Google Cloud,...
Willis appoints Vijay Nair as Head of Tax Insurance, Asia Pacific
Willis, a WTW business, appointed Vijay Nair as Head of Tax Insurance for Asia Pacific (APAC), based in Singapore. In this newly created role, Vijay will lead the growth of Willis’ tax insurance business across APAC, drive the execution of its M&A tax strategy and...
Changing Asian Risks: Increasing Competition,Economic Slowdown and Cyber Threats reshape business landscape
“Cyber Attacks/Data Breach” remains the number one risk across Asia. However, in 2025 “Increasing Competition” and “Exchange Rate Fluctuation” have risen sharply, reflecting the region’s dynamic markets and heightened exposure to global financial volatility, finds out...
AIC bags Asian Insurance Award as a tech pioneer
Mini George, executive director, AIC, is receiving 29th Asia Insurance Awards 2025 in Singapore AIC has developed SEWANxt, a flagship next -generation Core Insurance Solution built entirely in-house by its Software Development Group New Delhi: State owned Agriculture...
Commercial vehicle segment sees broad-based recovery in October, aided by infra push and festive logistics: Report
The growth was primarily led by strong demand in the light commercial vehicle (LCV) 2T-3.5T segment, which rose 13.8 per cent, aided by improved rural activity and festive season logistics New Delhi: The commercial vehicle (CV) segment witnessed a broad-based recovery...
India’s EV retail sales rise across segments in October amid passenger and commercial drove growth
According to the latest data from the Federation of Automobile Dealers Associations (FADA), the electric passenger vehicle (PV) segment experienced a strong 57.5 per cent year-over-year increase in retail sales, with 18,055 units sold, up from 11,464 units in October...
Winter session of Parliament from Dec 1 to 19,may see tabling of Insurance Amendment Bill
Nirmala Sitharaman,Union Finance Minister Earlier, Finance Minister Nirmala Sitharaman had said Insurance Amendment Bill, is likely to be introduced in Parliament in the upcoming Winter session NEW DELHI: The Winter session of Parliament, which may see Insurance...
WEF says AI robotics nanotech to transform agriculture, cites case studies from India
Rising rural-to-urban migration, intensifying climate extremes, and accelerating degradation of natural resources, particularly soil and water, are collectively threatening productivity and endangering the livelihoods that depend on agriculture New Delhi: Citing...
UNDP, BMZ, Generali and ICMIF Foundation deliver world’s largest inclusive insurance innovation programme across 30 countries
Marcos Neto, UN Assistant Secretary-General and Director, UNDP The global protection gap (the difference between financial losses and what is covered by insurance) leaves 9 out of 10 people in developing countries without insurance coverage when shocks such as...
Auto sector enters 2026 in high gear; FADA sees sustained demand post record festive sales
FADA President C.S. Vigneshwar said October 2025 marked "The 42-day festive period of 2025 stands as a defining milestone for India's auto retail, delivering the highest-ever sales and growth across categories. Overall vehicle retails surged 21% YoY, affirming the...