To address this, the report outlined a three-pillar framework of...
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Risk Management
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Women in Insurance India (WIIN) launches India’s first industry-focused accelerator program to advance equity, innovation & leadership
Speaking about the launch, Soni Srivastava, Co-founder, Women in...
Lloyd’s investigates its former CEO John Neal
John Neal,former chief executive officer,Lloyd's Lloyd’s Chairman...
SC issues advisory against phishing attack impersonating official website
The notice said that the attackers were soliciting personal details and other confidential information. It advised the public to not share and divulge any personal and confidential information on these fake websites, as the same will enable the perpetrators to steal...
US ‘notorious markets’ report warns of risks from online pharmacies
The report says 96 per cent of online pharmacies were found to be violating the law, many operating without a license and selling medicines without prescriptions and safety warnings. Nearly all of the world's 35,000 online pharmacies are being run illegally and...
McGill offers property war reinsurance for Ukraine
McGill said it had collaborated with local Ukrainian insurer ARX to provide up to $50 million in cover for each commercial property policy, with reinsurance from companies in London, including Lloyd’s of London syndicates Broker McGill and Partners has launched a...
DPDP Act 2023: Insuring fines and penalties
While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...
Sebi issues new guidelines for research analysts, investment advisers
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols. Mumbai: Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers...
Wildfires rage in Los Angeles, forcing tens of thousands to flee
Numerous buildings were destroyed and nearly 3,000 acres (1,200 hectares) burned in the Pacific Palisades area between the beach towns of Santa Monica and Malibu, officials said. The area is home to many film and music stars. LOS ANGELES: More than 30,000 people...
Data protection rules may be refined further to protect children: Vaishnaw
"We will refine it (DPDP Rules) further to take the power of technology to children while saving them from many harm," Vaishnaw said. New Delhi: The Digital Personal Data Protection Rules will be refined further to connect children with technology while saving them...
“Acquisitions in India remain an option if a compelling opportunity arises aligning with our long-term vision”
Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter 33% of the overall Indiancapacity (premium) is still provided by cross boarder reinsurers(CBRs). CBRs play a critical role particularly in specialty lines (e.g. Terrorism,...
HMPV Centre asks states to increase surveillance for respiratory diseases
During the meeting, it was reiterated that the data from IDSP does not indicate any unusual rise in influenza-like illness (ILI) and severe acute respiratory illnesses (SARI) cases anywhere in the country.This is also corroborated by the ICMR sentinel surveillance...
Strong reinsurer appetite drives excess property catastrophe capacity at January 1:Guy Carpenter
Dean Klisura, President & CEO of Guy Carpenter. “Renewal outcomes at year-end reflect reinsurers’ positive property experience over the last two years and casualty portfolios that are well-positioned for future profitability,” said GC. London: Global reinsurance...