As India moves confidently towards its vision of Viksit Bharat,...
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Budget 26-27:Builds assets, de‑risks infra, broadens growth and removes operational bottlenecks
Girija Subramanian, CMD, New India Assurnace The government is...
Budget-26-27: Tax holiday for GIFT City businesses doubled to 20 years
`Post the expiry of tax holiday period, the business income shall...
Jan1 Renewals:Market softens as reinsurers grow capital following strong returns, GC Report
Dean Klisura, President and CEO, Guy Carpenter Reinsurer return on equity is estimated to be 17%, with dedicated reinsurance capital growing another 9% in 2025, said the report.Insured catastrophe losses are estimated to be $121 billion in 2025, 18% below the...
Jan 1 Renewals: Asia Pacific rate reductions approaching 20% for non-loss impacted accounts, says Aon
Alfonso Valera, International CEO for Reinsurance Solutions at Aon, said: “Buyers returning to the market will find a wide range of complementary reinsurance and capital products. Frequency covers and earnings protection are increasingly available. We are seeing...
Indian Insurance Broking Industry-2026:Future trends and challenges
The old ways of doing business are no longer enough. Brokers are dealing with tighter regulation, rising costs, higher client expectations, and a risk landscape that keeps getting more complex. These pressures are forcing a rethink, not just of tools and processes,...
Govt notifies guidelines of 2 shipbuilding initiatives with Rs 44 700 cr outlay
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...
Indian aviation-2026: Awaits smoother skies & AI171 crash report
As the New Year dawns, aviation stakeholders as well as the common people will be looking for the much-awaited probe report into the AI171 plane crash on June 12, 2025 apart from more safe helicopter operations, especially in the Kedarnath valley, and less steep...
Heatwaves, wildfires, droughts and storms cost world more than USD 120 billion in 2025: Report
"These disasters are not natural — they are the predictable result of continued fossil fuel expansion and political delay," said Emeritus Professor Joanna Haigh, at Imperial College London New Delhi:Heatwaves, wildfires, droughts, and storms cost the world more than...
Rising 3rd-party risks and persistent ransomware threats drive increased cybersecurity investments in 2026: Marsh
Among the key findings, nearly 75% of organizations globally express high confidence in their overall cyber risk management strategies. Confidence varies by regions, with organizations in India, Middle East and Africa region expressing the most confidence at 83%,...
Govt notifies new Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, IRDAI to frame new regulations
Now, insurance regulator IRDAI will come out with new set of regulations in accordance with the new Act which provides a host of changes including hiking FDI from 74 per cent to 100 per cent for the Indian insurance companies The new Act introduces one-time...
Amendment of Insurance Laws Bill, 2025:Achieving “Insurance for All” by 2047
The Insurance Act 1938 did not contain any definition of “insurance business”. The Bill now seeks to define this term to mean the business of effecting insurance contracts, as well as any other form of contract that may be notified by the Central Government in...
President grants assent to SHANTI bill that opens up nuclear sector for private participation
President Droupadi Murmu The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the...