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Aon expands Aon Claims Copilot globally, Strengthens Data and Analytics capabilities across commercial risk
Joe Peiser, CEO of Risk Capital at Aon "Aon Claims Copilot...
West Asia Conflict:Reshaping India’s insurance, risk and financial ecosystem
There is a visible increase in demand for war risk, political risk...
Aon launches AI-enabled claims copilot
“It empowers our professionals to turn insight into action, helping clients achieve faster claims resolution, maximize recoveries, and make better informed risk and coverage decisions,” said Joe Peiser, CEO of Commercial Risk at Aon DUBLIN: Aon plc, global...
Hurricane Melissa triggers 100% payout of $150 million World Bank Catastrophe Bond for Jamaica
Catastrophe insurance backed by catastrophe bonds are part of the World Bank’s Crisis Preparedness and Response toolkit which provides developing countries with an innovative suite of tools to better respond to crises and prepare for future shocks. This includes fast...
Willis launches Data Centre Practice in Asia
The Data Centre sector in Asia is experiencing unprecedented growth, with the region likely to be the fastest growing one for data centre colocation over the next five years.According to Global Data, the pipeline of data centre construction projects is estimated to be...
Super Typhoon Fung-wong slams into Philippines, two dead
The typhoon could cover two-thirds of the Southeast Asian archipelago with its 1,800-kilometre-wide rain and wind band, forecasters said. It approached from the Pacific while the Philippines was still dealing with the devastation wrought by Typhoon Kalmaegi, which...
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...