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Global insurance market expected to continue shifting eastward over next decade: Allianz
Overall, the global insurance market is expected to grow at an...
El Niño concerns put Govt on alert, farmers’ interests to be protected at all costs: Shivraj Singh Chouhan
Shivraj Singh Chouhan,Union Minister for Agriculture and Farmers’...
US renews sanctions waiver for purchase of Russian oil
Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5. A few days later, a similar waiver was extended to several other countries, which ended on April 11. Washington:The United States has extended by a...
Govt says El Nino threat to agri sector manageable due to better irrigation and reserves
Shivraj Singh Chouhan,Union Agriculture Minister India has expanded micro-irrigation networks, introduced climate-resilient seed varieties and strengthened early-warning systems - changes the government said have materially reduced the sector's vulnerability. New...
Global Cat Report:Q1 of 2026 records $37 bn of economic losses and $20 billion of insured losses
The report highlights Q1 economic losses of at least $37 billion (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...
Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF
The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...
U.S. cyber insurance market bounces back,raises underwriting risk:Fitch
While the market remains profitable, deteriorating incurred direct losses and the growing influence of artificial intelligence signal increasing underwriting complexity for property/casualty insurers, says Fitch Ratings. U.S. cyber insurance direct written premiums...
Energy Insurance:Globally downstream market saw gross losses of $6.8 billion in 2025
In Asia, the upstream market also remains decisively buyer-friendly, underpinned by another year of benign loss experience and insurers’ view of Asia as a core growth region. The lack of major upstream energy losses through 2025 has reinforced the region’s status as...
Aon appoints Jeff Alpaugh as its chief commercial officer, Risk Capital
“Demand for integrated Risk Capital capabilities continues to grow as organizations navigate more uncertainty and higher‑stakes capital decisions'' Jeff Alpaugh, chief commercial officer, Risk Capital, Aon DUBLIN:Global re/insurance broker Aon plc appointed of Jeff...
West Asia Conflict:Risks for global insurers could rise under protracted Iran conflict
Gulf insurers are heavily reinsured but global reinsurers have reduced exposure to the region. For diversified reinsurance groups, Fitch views the conflict at this stage as an earnings event driven by specialty lines. Rating implications from the Iran conflict will be...
Majority of Indian firms hit by ransomware in 2025 pay over Rs 12 cr on average:Report
"According to the Exposure Management Research report, for the full year of 2025, 65 per cent of affected Indian organisations paid ransoms, with average pay-outs reaching USD 1.35 million," according to the Manufacturing Threat Landscape 2025 report released on...
W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows
"Exports to the Middle East in March dropped by $3.5 billion… this has impacted goods exports in the month," Rajesh Agrawal, India's trade secretary, told reporters in New Delhi, referring to the impact of Iran war on exports The trade data underscore the opposing...