Another document purports to show that Reliance Infrastructure and...
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Google appeals Indian ruling over its ads platform, citing consumer harm
The May decision could reshape the online ads market in a country...
London steps up bid to become global ILS Hub
London’s dominance in insurance-market infrastructure makes it an...
Renewed vessel attacks disrupt shipping through Strait of Hormuz
Global investors, shipowners and insurers are zeroed in on activity in the chokepoint, which stands as a litmus test of whether the peace deal will endure and whether heavily disrupted supply chains can start to normalize. Commercial traffic through the Strait of...
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Repo Deals, G-Sec Lending: IRDAI recasts insurers’ investment playbook
In a significant change, insurers would be allowed to invest a portion of their shareholders' funds in private limited companies. Such investments, however, will be capped at 5 per cent of the shareholders' funds available beyond the solvency margin and will be...
Joshi has been serving as the acting CMD of GIC Re since Oct 1. The post has fallen vacant after N Ramaswamy retired from the post on Sep 30.
advisors, customers and insurance companies, allowing users to compare and purchase insurance products across health, life and motor segments. Read...
Indian cities rank among world’s top 30 financial services markets: Report
"India is rapidly strengthening its position as a global financial services hub, backed by a deep talent pool, technology expertise and operational scale," said Arpit Mehrotra, Managing Director, Office Services, Colliers India. New Delhi: India is strengthening its...
High fuel costs to trigger airline failures and consolidation, industry chief says
Budget carriers have been among the hardest hit, lacking higher margin revenue streams such as premium cabins, high-paying travelers and credit card loyalty programs. The strain is already showing: U.S. budget airline Spirit Airlines collapsed last month, and it will...
Munich Re appoints new Cyber Heads for Asia-Pacific and Africa markets
“While mature markets benefit from broader claims experience and greater transparency, limited loss data in less mature markets should not be mistaken for lower malicious or non-malicious exposure.These markets require even stronger underwriting discipline and careful...
Mapfre Re appoints Swiss Re’s Chaturbhuj Bansal to head its GIFT-IFSC branch
This appointment represents a key milestone in Mapfre Re’s Asia-Pacific strategy and supports the company’s ambition to build a strong local presence, enhancing proximity to clients and brokers in the region GIFT City: Spanish major Mapfre Re has appointed Chaturbhuj...
CEOs quitting general insurance companies to pursue entrepreneurial ventures
"Private equity firms recognise that capital alone cannot unlock this market; what converts opportunity into enterprise is the credibility that only seasoned operators can provide. A veteran CEO carries, in effect, a ready-assembled portfolio of regulator...