“Cyber Attacks/Data Breach” remains the number one risk across...
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FSIB advertises GIC Re CMD post for both PSU and pvt sector candidates, last date for application is Dec 01
The applicant should have minimum 45 years of age and two years of...
Marsh appoints Andrea Bono as CEO of India, Middle East, and Africa
Andrea Bono, CEO=designate, India, Middle East, and Africa (IMEA),...
Offshore wind industry: Economic pressures and tech innovation need to be managed
Around 380GW of offshore capacity is expected to be added across 32 markets over the next 10 years, according to the Global Wind Energy Council, with half of that growth expected to come from the Asia Pacific region. Developers and their insurers need to manage a...
UK watchdog sets three-month deadline to improve car insurance
The Financial Conduct Authority (FCA) said on Wednesday it had asked insurers to check if their products offer value for money, a requirement reinforced by the watchdog's tougher general "consumer duty" rule that came into force in July London: Britain's financial...
Miller expands reinsurance offering with establishment of new APAC treaty team
Ron Whyte, Head of Miller Asia, said: “APAC is a central pillar of Miller’s international growth strategy and a market in which we see clear long-term opportunities. We want to establish meaningful and value-add reinsurance capabilities in the region and establishing...
Panda urges key stakeholders to collaborate to tap massive Indian Surety Bonds market
``India is expected to spend around Rs 100 trillion on infrastructure through the National Infrastructure Pipeline in the next five years. This requires bank guarantees of around Rs 90 lakh crore in the next five years which banks currently do not have capacity for....
TMK hire underlines life sciences ambition
Burke’s appointment follows several recent significant hires and promotions at TMK including Benjamin Goldsmith as a political violence underwriter, Sam Bye as cyber underwriter, Asia Pacific, Aoife Woulfe, head of delegated cyber, Paul Gooch, divisional head of large...
Zurich and KPMG collaborate to provide comprehensive climate change advisory services
In this evolving environment, it is increasingly important that businesses address both physical climate risks and transition risks. Transition risks include policy changes, reputational impacts, and shifts in market preferences, norms and technology The offering is...
Health must be fast-tracked for 2030
Sustainable Development Goal 3 also identified universal health coverage as the broad platform that could deliver health services while offering financial protection against inordinate out-of-pocket expenditures and debilitating catastrophic health expenditures New...
IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam
After Nitin Gadkari, union minister, Ministry for Road Transport and Highways, launched two basic level Surety Bonds, in Dec 2022, issued by Bajaj Allianz General Insurance with the support of reinsurance support from Munich Re and Swiss Re, the Surety...
Chubb launches Lloyd’s Lithium Battery consortium
The consortium was created to address a lack of capacity in the marine cargo market for providing lithium battery transit and stock insurance. It provides a one-stop solution with limits up to $50 million for risk types associated with lithium batteries including...
AXA XL appoints Anthony Dagostino as global chief cyber underwriting officer for commercial lines
Anthony Dagostino “Cybersecurity continues to be a top risk management concern for clients across AXA. Cyber is a strategic growth area for the group''Libby Benet, AXA XL’s chief underwriting officer New York: AXA XL today announced the appointment of Anthony...