Ajay Seth, chairman, IRDAI Seth highlighted that in non-life...
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Willis launches integrated risk and insurance solution for carbon capture
Charlotte Watts, Head of Energy and Mining in Asia, added, “Carbon...
IRDAI approves incorporation of Jio Allianz General Insurance
Jio Finance to invest an amount of Rs. 4.95 crores towards initial...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best
In its Best’s Commentary, “Jamaica's Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses. OLDWICK,...
Starr to acquire IQUW group, set to become ninth-largest agency operating at Lloyd’s
Outside of the Lloyd’s market, Starr writes commercial non-life insurance globally, with coverage in over 170 countries across 6 continents. Following completion of the transaction, Peter Bilsby, IQUW Group’s chief executive officer, will lead Starr’s international...
Catastrophe bond investors brace for Jamaica payout
Depending on exactly where Melissa hits Jamaica, total losses may range from $5 billion to $16 billion, according to Chuck Watson, a disaster modeler with Enki Research. Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as...
Cyclone Montha: Two dead in Andhra, crops suffer damage, CM Naidu says state minimised loss
N Chandrababu Naidu,Chief Minister , Andhra Pradesh Citing preliminary estimates, the government had noted on Tuesday that standing agricultural crops in as many as 38,000 hectares were destroyed due to the impact of Montha and horticulture crops in 1.38 lakh hectares...
“We await the final report ” Air India CEO on Ahemedabad crash
Speaking at a conference in the national capital, Wilson also said the interim probe report into the crash indicated that there was nothing wrong with the aircraft, the engines and the operation of the airline. New Delhi: Air India CEO Campbell Wilson on Wednesday...
Go Digit records a 31 per cent rise in net profit to Rs 117.00 crore in Q2 2026, ropes in former Defense Secy Aramane as independent director
Giridhar Aramane, former Defense secretary The company has appointed Giridhar Aramane, former Defense secretary as non-executive Independent director and . Michael Wallace as non-executive director, effective November 1, pending shareholder approval Mumbai: Go Digit...
Star Health Q2 net profit falls 54 pc despite rise in revenue
Anand Roy ,MD and CEO, Star Health Insurance The fall in profitability comes despite improved topline performance, suggesting pressure on margins likely due to higher claim ratios and increased operating expenses Mumbai: Star Health and Allied Insurance Company on...
Demographic Transition: India’s Emerging Silver Economy
The approach towards elderly support that prioritises family and community-led initiatives while ensuring financial security, digital literacy training, long-term care insurance, digital healthcare access, assistive technologies, and engagement platforms are crucial...
JBA Risk Management to set up India operation, to meet growing demand for flood intelligence
India’s banking sector is increasingly recognising the impact of climate-related risks - particularly flood - as a major contributor to non-performing assets. A host of planned transformative infrastructure projects for example will also need comprehensive feasibility...
Category 5 storm Hurricane Melissa threatens to bring widespread destruction to Jamaica
Jamaica’s losses will range between $5 billion to $16 billion, depending on the exact track across the island, said Chuck Watson, a disaster modeler with Enki Research. There will likely be another $5 billion of losses in Cuba. From there, the storm is forecast to...