Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement...
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WTW launches a new primary cyber insurance solution for businesses in Singapore and Hong Kong
While organisations in Asia race to adopt new technologies such as...
Tougher US sanctions to curb Russian oil supply to China and India
Sanctions on Russian oil insurers will prompt Russia to price its...
Russia’s general insurance industry to reach $19.3 billion in 2025:GlobalDATA
Ashish Raj, Insurance Analyst at GlobalData, commentED: “We are seeing clear indications of a Russian revival in 2021, with the country’s economy expected to grow by 4.1% by the end of the year as it benefits from rising oil and energy prices. As the economy recovers,...
With Omicron, third wave projected to hit India by Feb, but may be milder than second: IIT scientist
“With the new variant, our current forecast is that the country could see the third wave by February but it will be milder than the second wave. So far we have seen that the severity of Omicron is not like the one seen in the Delta variant,” Agarwal told PTI. New...
HEALTH, ECONOMIC AND CYBERATTACKS REMAIN TOP RISK CONCERNS FOR INDIA INC: MARSH/RIMS STUDY
Many employers in India are looking at transitioning to a more flexible working system. Some extent of remote work is expected to remain, leading to concerns of increased cyberattacks due to unsecured home networks. Yet, less than a quarter of Excellence India survey...
Business Interruption and Cyber Attacks Identified as Top Concerns in Asia Pacific: Aon Study
“The world is a more volatile place and the importance of better decision making has never been greater, said Lambros Lambrou, CEO of Commercial Risk Solutions at Aon ``Long-tail risks are not single events. They’re innately interconnected, as we’ve seen with the...
Gallagher Completes Acquisition of WTW’s treaty reinsurance operations
Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate 2400 colleagues ROLLING MEADOWS: Arthur J. Gallagher & Co, the third largest international...
SCOR strengthens its COMMITMENT for BIODIVERSITY Preservation
Laurent Rousseau, Chief Executive Officer, SCOR “Biodiversity loss threatens the health of the planet and has the potential to greatly disrupt society. Joining act4nature demonstrates SCOR’s commitment to help manage this risk and develop new solutions to protect...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
Agri crops in 50.40 lakh hectare hit due to heavy rains & floods so far this year: Tomar
As per the data placed before the Lower House, Karnataka has reported a crop damage in maximum area of 13.98 lakh hectare as of November 25, followed by West Bengal (6.90 lakh hectare), Rajasthan (6.79 lakh hectare), Bihar (5.80 lakh hectare), Maharashtra (4.55 lakh...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
HDI Global insures mobile crypto wallets from Hoyos Integrity
"Increasingly high-value assets are being stored in digital form as a result of the boom in cryptocurrencies. As such, hot wallets are therefore more and more often the target for hacker attacks.Through our insurance solution for Hoyos we are making an important...