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Indian investigators expected to delay issuing a final report on Air India Boeing 787 crash in Ahmedabad
Meanwhile, the Federation of Indian Pilots (FIP) on Thursday...
Saudi Re appoints Ruchi Jain as Principal Officer GIFT City, India Branch
Saudi Re, after setting up its operations in GIFT-IFSC, has...
Widening Protection Gap: Role of Specialty Brokers
“Specialty brokers are the connective tissue of the global insurance market. They act as strategic advisers — identifying emerging risks, building the data to make them insurable, aggregating demand for new solutions and uniting diverse sources of capital. In doing...
Rokstone expands Singapore Marine operation with senior hires
Rokstone Singapore is supported by a multi-year, $25 million Lloyd’s capacity agreement with Tokio Marine Kiln (TMK), covering marine classes including Construction (Builders Risk), Cargo, Hull, and Liabilities Singapore: Rokstone, the international specialty...
MS Amlin strengthens APAC team with three underwriting appointments
These appointments underscore MS Amlin’s commitment to growth in APAC and build on the momentum from the Australian branch opening earlier this year and the appointment of Matt Botfield as Head of Australia and New Zealand LONDON: MS Amlin, Lloyd’s global (re)insurer,...
Brokerslink appoints Tushar Thakker as its new regional manager for APAC region
The new Steering Team for Asia Pacific includes- Tony Lim, CEO of Acclaim in Singapore, David Withers – Managing Principal of PSC in Australia, Simon Wallington, CEO of CORNES in Japan, Stephen Chin, vice president of State Insurance Brokers in Malaysia Tushar...
Govt considers introducing nationwide climate-linked insurance scheme
The National Disaster Management Authority, the finance ministry and GIC Re and other top reinsurers and insurers are exploring coverage options and funding mechanisms, the official added. MUMBAI: India's government has begun early-stage talks with local insurers...
CyberCube raises over $180 million from investor Spectrum Equity
Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...
Vietnam estimates property damage from Typhoon Bualoi at $303 mln
Bualoi made landfall on Monday in northern central Vietnam, bringing huge sea swells, strong winds and heavy rains that have killed at least 29 people and left 22 others missing, according to the disaster management agency report. HANOI: Vietnam's government said...
Death toll rises to 69 after a 6.9 magnitude earthquake strikes central Philippines
The Southeast Asian archipelago is one of the most seismically vulnerable countries on the planet, often experiencing more than 1,000 quakes a year A magnitude 6.9 earthquake struck in waters near the island of Cebu in the central Philippines late on Tuesday, the...
Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations. From evolving tariffs to shifting alliances, these forces directly impact organizations' balance sheets. Building resilience...
NIA receives GST notice
The New India Assurance Company Limited on Tuesday said that it has received a Goods and Services Tax (GST) demand notice of Rs 2,379 crore. The order was issued by the Additional Commissioner of Central GST, Palghar Commissionerate, the company informed in a stock...