Shivraj Singh Chouhan,Union Agriculture Minister India has expanded...
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Govt approves Rs950 cr BMI Pool along with Rs12,980 cr Sovereign Maritime Fund,to support Indian linked vessels at affordable cost
Earlier, looking beyond the ongoing West Asia crisis, which has...
IRDAI retains obligatory at 4% for GIC Re in FY26-27
The government has notified the move, on Friday, saying that the...
Walter Voigts-von Forster to lead Munich Re Africa Branch
Walter Voigts-von Forster, CEO-designate, Munich Re Africa Branch Voigts-von Forster will continue to be Head of Non-Life for Munich Re Africa in addition to his CEO responsibility. This appointment is effective from 1 February 2026 and is subject to regulatory...
Justice Surya Kant launches MP HC’s dashboard for motor accident claims
"The dashboard would serve as a central repository, where information related to the amounts deposited in connection with compensation awarded under the Motor Vehicles Act and the Employees' Compensation Act had to be uploaded regularly, along with complete details,"...
Insurance Scam: Madras HC orders 467 FIRs against fake motor accident claims
After a petition was filed in the Madras High Court by Cholamandalam MS General Insurance in 2021 over a network of fake insurance claims filed with forged documents across Tamil Nadu, the Court had directed the Director General of Police (DGP) to establish a Special...
Thane MACT grants Rs 26.25 lakh compensation to kin of woman killed in 2021 accident
Judge R V Mohite on Friday directed Reliance General Insurance Co. Ltd and the owner of the car involved in the accident to jointly and severally pay the compensation with 9 per cent interest per annum (from the date of filing of the petition) within one month. Thane:...
Howden to acquire Gravitas, to accelerate global Sport & Entertainment capabilities
This announcement follows Howden’s other recent Sport & Entertainment acquisitions across the world, including: UK performing arts insurance broker, Hencilla Canworth; German film and entertainment insurance broker Franz Gossler; and Boni Aldaya, Spain’s leading...
Radian to acquire Inigo for $1.7 billion, to become a global multi-line specialty insurer
The company’s expansion into the Lloyd’s global specialty market follows a strategic review to diversify beyond its traditional mortgage insurance offerings London: -Radian Group today announced that it has entered into a definitive agreement to acquire Inigo Limited,...
Gallagher teams up with Vanguard Tech to support clients with maritime risk and security insight
Gallagher can now provide clients with a tool which helps to estimate risk and an in-depth, automated assessment on vessel safety at the outset and throughout its passage, meaning the likelihood of an incident is vastly reduced and insurers receive an added level of...
MobiKwik fraud triggers demand for deeper probe into fintech platforms
Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
Boeing, Honeywell sued by Air India crash victim families
The lawsuit filed on Tuesday in Delaware Superior Court blames Boeing and Honeywell , which made the switches, for the crash seconds after Flight 171 took off for London from the Indian city of Ahmedabad. The families of four passengers killed in the June 12 crash of...
Insurers lose bid to appeal London judgment over jets lost in Russia
The decision marks another milestone in one of the largest lawsuits to be heard in London, which has become a bellwether for similar cases fought in other jurisdictions, such as the United States, and triggered a battle in London between all risks and war risks...