India experienced more than 400 extreme weather events in the three...
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Oil executives call for cautious return to Red Sea navigation
“Everyone is watching each other to see who goes first,” Barbara...
MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities
“We see exciting opportunities in India, and on the African...
Panda takes charge as new IRDA chief, wants faster decision making in the regulatory body
Debasish Panda, chairman, IRDAI `Yes, he has assumed the charge of the chairman of IRDA in New Delhi today. In his initial wish-list for the IRDA employees, he has preferred digital, quick decision making and quick renewals of licenses,'' confirmed IRDA sources New...
China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan
U.S. National Security Adviser Jake Sullivan "We are communicating directly, privately to Beijing, that there will absolutely be consequences for large-scale sanctions, evasion efforts or support to Russia to backfill them," Sullivan said. "We will not allow that to...
Cyber crime to cost economies $10 trn by 2025: MS official
''Cyber security is the biggest threat to digital transformation and to the planet. Cyber crime costs economies more than USD 6 trillion each year today and that is expected to reach nearly USD 10 trillion by 2025'' New Delhi; Microsoft India President Anant...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
Ukraine Crisis: Lloyd’s Register stop services to Russia
“Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies,” it said in...
Marsh McLennan to exit Russia Businesses
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
Covid deaths worldwide 18 million, three times official tally: Lancet Study
Because of its large population, India alone accounted for an estimated 22% -- or 4.1 million -- of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is quite the...
Swiss Re partners with dacadoo to offer platform to insurers of all sizes
The new combined solution also strengthens Swiss Re’s Personal Resilience Suite (PRS capabilities). PRS is a holistic, modular and innovative risk assessment approach, powered by Swiss Re's renowned underwriting manual Life Guide Zurich: Swiss Re and dacadoo today...
AXA in India boosts telemedicine helpline with free specialist teleconsultation feature
SAATH is a 'One AXA' public health initiative between AXA France Vie, AXA GO Business Operations, and AXA XL and provides free general and specialist consultation to more than 25 crore people in four states in India: Delhi, Haryana, Maharashtra and Rajasthan New...
Marine insurers widen high-risk area as Ukraine conflict escalates
The new high-risk areas also extend to various inland waters and sections of the high seas, underscoring the increasing dangers. “There is clearly a growing nervousness around the region in the insurance market, especially in relation to the Black Sea,” said Marcus...