Looking ahead, mid-year 2026 renewals are expected to face more...
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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...
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...
Systemic leakages of Rs 10 000 cr annually in insurance sector eroding trust: Report
To address this, the report outlined a three-pillar framework of prevention, detection, and deterrence, underpinned by the enablers of standardisation, technology, and data interoperability NEW DELHI: Systemic leakages due to fraud, waste, and abuse (FWA) of...
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 Insurance India, said, “The insurance sector has always been a story of resilience. Yet, as women reach mid-career, their presence fades from view. The WIIN Accelerator is building the space to nurture...
Lloyd’s investigates its former CEO John Neal
John Neal,former chief executive officer,Lloyd's Lloyd’s Chairman Charles Roxburgh “became aware of market speculation concerning possible historic breaches of policy” and initiated an independent fact-finding review into Neal’s conduct in October, the firm said in a...
Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions
The European Union - a big market for Reliance - has imposed wide-ranging sanctions targeting Russia's energy revenues, including measures that restrict the import and sale of fuels produced from Russian crude oil New Delhi: Reliance Industries Ltd on Thursday said it...
Agentic AI can improve detection of finance-related crimes, sector currently detects only 2% of it: McKinsey
The report highlighted that agentic AI, an evolution of analytical AI, could significantly improve automation and productivity across the client life cycle and help banks tackle long-standing KYC/AML (know-your-customer and anti-money-laundering) challenges. New...
Customers want both Gen AI efficiency and human empathy, finds new Geneva Association report
While people welcome Gen AI’s convenience and possibilities for personalisation, they remain concerned about data privacy, accuracy, and maintaining access to human support. ZURICH: Generative AI (Gen AI) is transforming how insurance customers interact with their...
Top 26 e-commerce platforms claim they are free of dark patterns that deceive consumers
The Guidelines for Prevention and Regulation of Dark Patterns, 2023, which were notified on November 30, 2023, identify and prohibit 13 dark patterns.These are -- False Urgency; Basket Sneaking; Confirm Shaming; Forced Action; Subscription Trap; Interface...
Govt hikes fitness test fee for over 20-year-old motor vehicles
The Ministry of Road Transport & Highways (MoRTH), in a latest notification issued on November 11, has said the higher fee slabs now begin from 10 years for commercial vehicles instead of 15 years, bringing more vehicles under the updated cost brackets. New...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...