President Donald Trump The blockade lies at the heart of the...
Category:
Reinsurance
Latest
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India,...
Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the...
Strait of Hormuz will never return to its former state, especially for US, Israel, vows Iranian Navy
As per Press TV, the IRGC Navy made the remarks in a post on X and also noted that the preparations are underway for the "announced plan" of Iranian officials for a new order in the Persian Gulf. Tehran:As tensions escalate in West Asia and the Gulf region, the...
Mayabunder Pawan Hans helicopter crash: AAIB finds emergency flotation system not activated during approach
A Pawan Hans helicopter crashed into the sea after taking off from Ranghat helipad in the Andaman & Nicobar Islands with seven persons on board for Mayabunder helipad on February 24 was not activated during the approach. Mumbai:The emergency flotation system of...
Maritime Reinsurance: 6 more US insurers to partner DFC and Chubb providing up to $40B in coverage for Strait of Hormuz passage
Apart from Chubb, Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA to provide reinsurance for DFC's Maritime Reinsurance plan. On top of DFC's $20 billion in rolling coverage, Chubb and these new partners will provide an additional $20...
Secret codes and upto 2 million Chinese yuan fees get ships through Iran’s Hormuz tollbooth
People in the shipping industry and government officials with direct knowledge of negotiations said that the IRGC is already extracting tolls from vessels passing through, and giving preferential treatment to ships from countries it deems to be friendly, while...
Aon hires 2 professionals to build up its data center expertise
Stephen Fox has joined Aon as a Managing Director, focusing on the firm’s digital infrastructure strategy, and Brian Hearst has been appointed Global Digital Infrastructure Builders Risk Leader Dublin: Global re.insurance broker Aon plc today announced two senior...
LIC,New India and GIC Re remain as Domestic Systemically Important Insurers in FY26:IRDAI
D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. D-SIIs are subjected to enhanced regulatory supervision...
Apr1 Renewals:India’s loss-free excess of loss business saw price reductions exceeding 20%, says Guy Carpenter
Atish Suri, CEO India, Middle East & Africa, stated,"In the India and Middle East markets, we are seeing a strong commitment from reinsurers to maintain coverage despite the complexities posed by ongoing conflicts.'' In terms of Apr 1 renewal outcomes, India and...
Peak Re ends 2025 with a $2.2 billion gross premium and net profit of $189 million
During 2025, the growth of Peak Re was primarily driven by the continued deepening of its global diversification strategy. It strengthened its presence in high-growth emerging markets such as India, while further expanding its penetration in the mature markets of...
Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon
Global demand for reinsurance increased by approximately 10 percent at the April 1 renewal, as buyers used favorable market conditions to secure more comprehensive protection, with some expected to return to the market post‑renewal to explore additional purchases. In...
PE firm JC Flowers picks up majority stake in Bobby Swarup’s Niyam Group
Niyam is a reinsurance platform based in GIFT City, connecting global capital with opportunities in India and other high-growth markets. Niyam Syndicate 2047 at Lloyd's will support the development of the Indian reinsurance market in alignment with India's Vision...