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Aon hires 2 professionals to build up its data center expertise
Stephen Fox has joined Aon as a Managing Director, focusing on the...
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...
Aon appoints of Anne Corona as CEO of Enterprise Clients and global chief commercial officer
This appointment is part of Aon's strategy to advance its commercial capabilities by deepening commercial alignment, integration of data and analytics and service excellence globally to better service clients DUBLIN: Aon plc today announced the appointment of Anne...
UK expands sanctions against Russian oil fleet and its insurers
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
Govt seeks to overhaul Indian insurance sector with extensive reforms measures
Insurers to be allowed to do certain other business, in addition to insurance business, enabling additional stream of revenue for insurers - like carrying of guarantee or indemnity business, managing and selling property possessed by company in satisfaction of claims,...
Berkley Asia and Lloyd’s Syndicate Volante venture into Indian markets
One more Lloyd’s Syndicate Volante has received a license from the Indian insurance regulator IRDAI to join the existing Lloyd’s platform in Mumbai while another major reinsurer Berkley Insurance Asia has ventured into the the Gujarat International Finance...
Oak Reinsurance launches Syndicate 2843, receives Lloyd’s nods to underwrite
OAK Re is launching Syndicate 2843 in collaboration with blue chip capital providers including Bain Capital and Hampden Agencies, the largest provider of private capital to Lloyd’s. Polo Managing Agency is providing turnkey services for Syndicate 2843 LONDON: Oak...
AM Best maintains outlook for global reinsurance industry to positive
Property reinsurance rates and terms have been relatively stable and are unlikely to soften in the coming months, owing to the hurricane activity during this year. Life insurance remains a good source of diversification for the large global reinsurers. The global...
Chaucer appoints Jonathan Ng as new Class Underwriter in Political Risk, Singapore
Chaucer, the leading global speciality (re)insurance group, announces the appointment of Jonathan Ng as new Class Underwriter in Political Risk, Singapore.Jonathan joins Chaucer from AXA XL where he specialised in political risk underwriting in Catlin’s Lloyd’s...
GIFT IFSC emerging as a global innovative re/insurance market place, says IFSCA chairman
K Rajaraman, chairman, International Financial Services Centre Authority IFSCA’s light touch and principle-based regulations have been aligned to global standards to provide the entities with flexibility to offer products in various classes of business including...
Aon appoints Magnus Roe as global chief data and analytics Officer based in Singapore
Magnus Roe, global chief data and analytics officer, Aon This appointment is part of the firm’s strategy to advance its commercial solutions with analytical capabilities and empower clients to make better decisions SINGAPORE: Aon plc, the second largest international...
Emerging-risk resilience: Majority of APAC risk leaders concerned about their organisations in the next decade
Geopolitical issues, natural catastrophe events, climate transition and people were top concerns today and tomorrow as organisations highlighted a wide range of emerging risks fostering volatility. These range from global elections to uncertainty leading to...