The expansion of the Ukraine Recovery and Reconstruction Guarantee...
Category:
Non-Life
Latest
Elliot Richardson appointed Chief Commercial Officer, Howden
Howden, the global insurance intermediary group, today announces...
Global semiconductor majors see value of their properties and inventories rise 12% to $529bn in 2025: Atrium
Nick Leppard,Head of Property Direct & Facultative at Atrium,...
IRDAI’s Distribution Reforms: Commission on general insurance products proposed to be slashed from 30% to 20%, to 12.5% for life over 5 yrs
Greater transparency would be required from insurers and large distribution entities, which would have to disclose commission policies and structures in a simple and accessible manner. Specified commercial insurance policies would also carry commission disclosures,...
Saudi oil export strategy hits new hurdle as Red Sea insurance costs soar
Quoted war risk premiums for Saudi-linked tankers calling at Yanbu have risen to around 3% of a vessel's value, four industry sources told Reuters. They were less than 1% in early July, before London's marine insurance market designated that stretch of water as...
India’s Girija Subramanian conferred IIS’s Vanguard Market Development Award for emerging markets
Girija Subramanian,member, Distribution, Insurance Regulatory & Development Authority of India `` Subramanian’s career reflects an extraordinary commitment to expanding the reach and relevance of insurance across India,” said Josh Landau, President of the...
Karnataka govt constitutes SIT to probe fraudulent insurance claims
The government order directed the SIT to conduct a comprehensive investigation into all fraud complaints received from insurance companies and submit investigation reports to the government without delay through the Director General and Inspector General of Police....
Hydropower Risks: Mapping interdependencies and building resilience
From an insurance perspective, events such as recent floods in South Asia reinforce the need for a forward-looking approach to risk assessment. Historical loss data remains important, but should be complemented by climate science, catastrophe modelling, engineering...
Record savings on medical expenses under Ayushman Bharat: PM Modi
“Today, more than 60 crore beneficiaries have access to Rs 5 lakh annual health cover making it the largest healthcare scheme in the world,” he said in his post.It has enabled record savings on medical expenses, thus benefitting the poor and middle class.Ayushman...
MNK International accelerates global growth with launch of MNK International North America
Manoj Kumar, group chief executive officer and chairman, MNK Group MNK Group, the independent international insurance group, has also recently completed the acquisition of 100% of ETU Forsikring A/S, a Danish non-life insurer authorised since 2006 and headquartered in...
Star Health settles 2.77 lakh insurance claims worth Rs 1,370 cr since starting ops in Rajasthan
The company is focusing on expanding access to health insurance as well as digital consultations and home-based healthcare services,said Vijay Arora, business head at Star Health Insurance Jaipur:Star Health and Allied Insurance Company, the largest exclusive health...
Aon appoints Jane Drummond as global chief commercial officer
Jane Drummond, global chief commercial officer-designate Currently, Jane Drummond serves as chief commercial officer of Asia-Pacific, working with sales leaders and country CEOs to drive new business, strengthen strategic client relationships and enhance commercial...
Hormuz shuttles keep oil flowing, but at a high cost
Ship-to-ship (STS) transfers have become a vital lifeline for Gulf producers as they adapt to the disruptions caused by the Iran war, now entering its seventh month. Once loaded, a tanker disconnects and heads for its destination, typically a refinery in Asia. The...