There is a visible increase in demand for war risk, political risk...
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Middle East: Crisis:Amazon data centre dmaged by drone strikes in the UAE and Bahrain
The damage and disruption shows the widening impact of a conflict that is reverberating across the Middle East, with blasts heard in Israel, Saudi Arabia, Qatar, and the UAE. The economic fallout has spread to global energy markets with oil prices spiking and tanker...
Shipping authority says 3 Indian seafarers killed in Middle East; issues advisory for maritime operators
The Directorate General of Shipping is closely monitoring the evolving maritime security situation in the Persian Gulf, Strait of Hormuz, Gulf of Oman and adjoining sea areas in light of recent regional and geopolitical developments, where reported threats have...
Three tankers damaged in Gulf as US-Iran conflict escalates
Risks to commercial shipping have surged in the past 24 hours, with more than 200 vessels including oil and liquefied gas tankers dropping anchor around the Strait of Hormuz and surrounding waters, shipping data showed on Sunday. Mariners should expect increased naval...
An Air India Express spokesperson said that in view of the developing situation in parts of the Gulf Region, “Air India Express has suspended all westbound international flights. The safety and security of our guests and crew remain our highest priority”. New...
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Lockton in partnership with AdvantageClub.ai lauches employee wellbeing solution in India
Re/Insurance broker Lockton in partnership with AdvantageClub.ai, today launched ‘LocktonThrive’, its proprietary employee wellbeing solution powered by Lockton Services India designed to help organisations deliver a unified, personalised, and digital-first wellbeing...
IAI to unveil its new Indian Mortality Table soon
LtoR-Asha Murali, secretary, Institute of Actuaries of India(IAI), Preeti Chandrashekhar, president, IAI and Subhendu Bal, president, & chief risk officer, SBI Life Insurance, at a media event on Thursday to announce 25th edition of the Global Conference of...
Verisk downplays AI disruption fears as quarterly profit beats estimates
“High-quality data is critical for accuracy and effectiveness, and Verisk is in a unique position as one of very few providers who currently aggregate data from multiple sources,”Verisk CEO Lee Shavel said Verisk’s fourth-quarter profit topped Wall Street expectations...
Miller appoints Sailesh Divakaram as Head of Treaty, Asia
Richard Broad, Head of Treaty (Asia Pacific) at Miller, commented: “The Asian Treaty market represents a significant growth opportunity for Miller as we continue to build out our global reinsurance capabilities. As Sailesh grows and develops our Treaty proposition in...