Scott Bessent,US Treasury Secretary Although the program was first...
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India among 5 nations granted passage through Strait of Hormuz by Tehran
“We have permitted certain countries that we consider friendly to...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen...
Employee medical plan costs in India expected to rise by 11.5 per cent in 2026
The report showS cardiovascular diseases, gastrointestinal conditions, and cancer will continue to be the top drivers of medical costs, with hypertension, high cholesterol, and poor nutrition as leading risk factors. “India’s healthcare landscape is evolving, with...
Climate change supercharge devastating South Asian floods
A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least $20 billion of losses. The storms resulted in torrential rainfall and destructive floodwaters that swept through homes, businesses and tourist spots, damaged...
Swiss Re and RIQ partner to advance risk transfer powered by data and AI
Swiss Re's Group Chief Executive Officer Andreas Berger said,"This collaboration builds on Swiss Re’s deep risk expertise, strong data foundation and early adoption of AI. Together with RIQ, we aim to realise an AI-native reinsurance platform and further strengthen...
Allianz and Oaktree join hands to launch reinsurance syndicate at Lloyd’s
Thorsten Fromhold, Chief Group Reinsurance Officer, Allianz SE Reinsurance, said: " The launch of this Lloyd's syndicate highlights the strength of the portfolio we are ceding and our consistent approach to reinsurance, which is an important contributor to Allianz’s...
Berkshire Hathaway announces a shakeup of its top management team as Warren Buffett set to retire
Warren Buffett Berkshire Hathaway also announced changes in its insurance and noninsurance operations and named Michael O’Sullivan as the general counsel, marking the creation of a new position at the company Berkshire Hathaway announced a shakeup of its top...
FSIB gets ready to interview pvt sector professionals along with PSU officials for selecting GIC Re CMD
Some of the names who are belived to have applied for the post of GIC Re CMD include, Rajeev Singh, Head Reinsurance and corporate marketing, Digit Insurance, promoted by Prem Watsa and Kamesh Goyal. and Mandakini Balodhi, one of directors in Department of Financial...
EMEA insurance sector in 2026 to have stable operational and business conditions, says Fitch Ratings
Some pricing and competitive pressures will arise, alongside weak economic growth and volatile financial markets, but robust underwriting and new business generation, high reinvestment yields, and strong capitalisation will support insurers. Stockholm/Paris/London:...
Airbus Fleet Recall: Space weather in focus
The recall by Airbus could well "set a major precedent" by signalling that space weather needs to be given more importance for aircraft safety Space weather in focus after Airbus fleet recall experts raise questions about solar flare theory Aerospace giant Airbus...
Swiss Re open to inorganic opportunities,says CEO Berger
“We are open to inorganic opportunities,” Swiss Re CEO Andreas Berger told analysts at its investor day. “I’d like to keep some powder dry.” Zurich: Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that...
Deadly floods’ $20 billion toll shows Asia’s rising climate risk
“Climate change is undeniably fueling more severe flooding in Southeast Asia,” said Davide Faranda, research director in climate physics at the French National Center for Scientific Research who led a study on Vietnam’s November floods Devastating floods have killed...