In practice, the target will require an 85% emissions reduction...
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Missile fire hinders Middle East rescue flights as airspace edges open
While major carrier Emirates said on Friday it was targeting “a...
More tankers come under attack as US-Iran conflict spreads in the region
Around 200 ships, including oil and liquefied natural gas tankers...
Jan1 Renewals:Most areas of market record price decreases, Conditions expected to persist into 2026, says Howden
This backdrop brings opportunities across the value chain. Buyers are benefitting from rate reductions and improved terms as supply exceeds demand in most areas whilst underwriting performance remains strong, delivering healthy profits and returns on capital.Buyers...
GIC Re set to expand its global business in Jan1 renewals
Globally reinsurance buyers enter the January renewal season with strong momentum. Exposures are evolving, demand is growing, capacity is abundant backed by industry capital is at record levels. Despite lingering headwinds, the market is well-positioned to support...
Domestic reinsurance capabilities through regulatory incentives need to augmented:RBI
In its Financial Stability Report, the central bank has cautioned the growing reliance on cross-border reinsurance suggests that the domestic market’s capacity may not be keeping pace with the specialized or large-scale risk transfer needs of Indian insurers,...
Jan1 Renewals:Market softens as reinsurers grow capital following strong returns, GC Report
Dean Klisura, President and CEO, Guy Carpenter Reinsurer return on equity is estimated to be 17%, with dedicated reinsurance capital growing another 9% in 2025, said the report.Insured catastrophe losses are estimated to be $121 billion in 2025, 18% below the...
Jan 1 Renewals: Asia Pacific rate reductions approaching 20% for non-loss impacted accounts, says Aon
Alfonso Valera, International CEO for Reinsurance Solutions at Aon, said: “Buyers returning to the market will find a wide range of complementary reinsurance and capital products. Frequency covers and earnings protection are increasingly available. We are seeing...
Indian Insurance Broking Industry-2026:Future trends and challenges
The old ways of doing business are no longer enough. Brokers are dealing with tighter regulation, rising costs, higher client expectations, and a risk landscape that keeps getting more complex. These pressures are forcing a rethink, not just of tools and processes,...
Govt notifies guidelines of 2 shipbuilding initiatives with Rs 44 700 cr outlay
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...
Indian aviation-2026: Awaits smoother skies & AI171 crash report
As the New Year dawns, aviation stakeholders as well as the common people will be looking for the much-awaited probe report into the AI171 plane crash on June 12, 2025 apart from more safe helicopter operations, especially in the Kedarnath valley, and less steep...
Heatwaves, wildfires, droughts and storms cost world more than USD 120 billion in 2025: Report
"These disasters are not natural — they are the predictable result of continued fossil fuel expansion and political delay," said Emeritus Professor Joanna Haigh, at Imperial College London New Delhi:Heatwaves, wildfires, droughts, and storms cost the world more than...
Rising 3rd-party risks and persistent ransomware threats drive increased cybersecurity investments in 2026: Marsh
Among the key findings, nearly 75% of organizations globally express high confidence in their overall cyber risk management strategies. Confidence varies by regions, with organizations in India, Middle East and Africa region expressing the most confidence at 83%,...