L to R-Sanjay Lohiya,special secretary, Department of Financial...
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Risk Management
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Govt to prepare a master plan to track climate, disaster impact: Amit Shah
Union Home Minister Amit Shah on Sunday reviewed country's...
Spanish health authorities move to evacuate passengers from infected ship
All passengers on the luxury cruise ship MV Hondius are considered...
Private credit sector stresses could be catastrophic, but not just yet
The pace at which investors are demanding money back from some of the private credit funds, known as business development companies (BDCs), has accelerated this year on worries about competition, falling returns and fears artificial intelligence will upend software...
Strait of Hormuz:Trump risks confidence in U.S. role as guardian of global shipping
“The free flow of commerce through the strait is a larger principle at stake in this conflict.Failure to ensure freedom of navigation in Hormuz puts global freedom of navigation everywhere at risk,” said retired Vice Admiral John W. Miller, former commander of US...
Closing Indian Protection Gap: Gaining momentum
Protection thrives only when trust is strong and here, too, India is making quiet, steady strides. Claim settlement performance continues to rise, with the latest IRDAI data showing 96.82% of individual death claims settled within 30 days, while private insurers...
Jan Vishwas Bill rationalises compliance, decriminalises minor offences in health sector
“This marks a shift towards a more facilitative regulatory framework while retaining strict action for serious violations affecting public health and safety,” the ministry said in a statement. New Delhi:The Jan Vishwas (Amendment of Provisions) Bill, 2026, passed by...
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...
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: property-catastrophe rates fall, acute stress across multiple specialty lines due to ME geopolitical turmoil, says Howden Re
Looking ahead, mid-year 2026 renewals are expected to face more complex conditions globally. Upward pricing pressure across marine, energy and political violence is anticipated as the full impact of the Hormuz crisis is absorbed, and reinsurers reassess aggregation,...
Giant oil tanker off Dubai hit by Iranian strike after Trump’s latest threats
The strike on the Kuwait-flagged Al-Salmi is the latest attack on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.S. and Israel attacked Iran on February 28. TEL AVIV/WASHINGTON: Iran attacked and set ablaze a...
Two days of stock market slump wipes out Rs 18.60 lakh cr from investors’ wealth
"Another day of Carnage witnessed on D-Street. Uncertainty looms over sentiments. Escalating tensions in West Asia continued to weigh heavily on markets, as the ongoing US-Israel conflict with Iran entered its fifth week and expanded across the region," Siddhartha...