Yogi Adityanath, Chief Minister,Uttar Pradesh Addressing a...
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Swiss Re to acquire QBE’s Global Trade Credit and Surety business
Ivan Gonzalez, CEO of Swiss Re Corporate Solutions, said: "This...
South African re/insurer Santam launches its India operations, targets Rs100 cr premium in 2 yrs
Lto R- Gedion Labane, Consul General of South Africa in Mumbai,...
Japan’s NEXI signs reinsurance agreement with ECGC
Under this agreement, NEXI will underwrite reinsurance for export credit insurance underwritten by ECGC for Japanese companies in India exporting goods from India to third countries, including those in Africa NEXI is in the process of registering as a reinsurer with...
Term, health insurance policyholders to benefit most from GST exemption on individual policies: Experts
Insurance industry hopes that key input services of commission and reinsurance also receive an exempt status so that there is no blockage of input tax credit ," Mahesh Jaising Deloitte India Partner and Leader it is essential to tackle some of the structural issues...
Nayara turns to dark-fleet tankers and Russian oil for survival
The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
Govt has rescue-centric approach to handle disasters: Amit Shah
Amit Shah, Union Home Minister ``As a result of the efforts of the government in the field of disaster management, there has been a 98 per cent reduction in the damage caused by cyclones and a significant reduction in heat wave casualties. The Government is...
Howden Re appoints Candy Wong as Head of Treaty for Hong Kong
Howden Re has announced the appointment of Candy Wong as Head of Treaty for Hong Kong. She will join the business on 18 August 2025, Candy has worked in the reinsurance market for more than 40 years, half of which included leadership roles in the Hong Kong market. She...
AM Best’s Top 50 Global Reinsurers: Swiss Re unseats Munich Re as new No 1 among IFRS-17 players in 2024
Now, AM Best's ranking of “World’s 50 Largest Reinsurers' has four Asian reinsurers - China Re(fourth largest IFRS -17 global reinsurer, with a premium income of $5.9 billion) Korea Re(sixth largest IFRS -17 global reinsurer, with a premium of $5.77...
Swiss Re sets up task force to monitor tariff impact
Chief Executive Officer Andreas Berger said he doesn’t see the tariffs directly affecting the reinsurance industry, but the task force aims to find out how there are indirect impacts from the levies. Swiss Re AG has set up a task force to see how the tariffs installed...
Lockton hires Darshan Parikh from Marsh
Lockton, has announced the appointment of Darshan Parikh as senior director, corporate solutions group (CSG).He was with Marsh Insurance Brokers, where he led the Marine, Aviation, and Facultative Reinsurance businesses. With over 15 years of experience in global and...
Shadow tanker fleet grows more slowly as Western sanctions target Russian oil
Together with U.S. restrictions, they mean more than 440 shadow fleet tankers face sanctions, including tankers Moscow needs to ship oil to its biggest buyers, China and India Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous...
AI’s Ahmedabad Disaster: Crash victim’s son moves US Federal Court against Boeing
"We have hired Mike Andrews. We expect the raw details of information from the black-box to come before us at the earliest so that we can make further decisions regarding the next course of steps, along with our lawyer. In India, trials get dragged out for years. We...