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Miller appoints Sailesh Divakaram as Head of Treaty, Asia
Richard Broad, Head of Treaty (Asia Pacific) at Miller, commented:...
Ardonagh continues expansion in Asia, acquiers Hong Kong’s Risk Management Insurance Brokerage
Founded in 1996, RMIB has built a business in Hong Kong, advising...
Domestic investors pour $81.3 billion into Indian markets in 2025 to date
Domestic investors made robust inflows of $8.7 billion in November, marking their 28th consecutive month of buying, while foreign flows were largely flat for the month. Mumbai: Domestic institutional investors (DIIs) have pumped $81.3 billion into Indian equities in...
D&O Market in 2026:Geopolitics and cyber drive risk exposures
For D&O insurers, the US especially is a highly complex market due to its high frequency of securities class action claims and surging average settlement costs, which rose by 27% in the first six months of 2025 to US$56mn Asia-domiciled risks are seeing heightened...
Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set by individual underwriters and are based on the value of the ship, rose to 0.5% for calls to Ukrainian ports from 0.4% over a week ago, shipping and insurance sources said The cost of shipping...
Bangalore hotels body moves HC against mandatory menstrual leave order
The association has questioned the very basis of the order, highlighting that the State itself has not extended such leave to women working in government departments. Bengaluru: The Bangalore Hotels Association (BHA) has filed a petition in the Karnataka High Court...
High-rise Fire: Hong Kong catastrophe shows how difficult it is to evacuate in emergency
Evacuations of high-rises don’t happen every day, but occur often enough. And when they do, the consequences are almost always severe. The stakes are highest in the buildings that are full at predictable times: residential towers at night, office towers in the day....
Jul-Sep quarter GDP surges to 8.2%, India’s strong economic resilience,say experts
The GDP growth came ahead of the festive season consumption boost on the back of the implementation of a significant reduction in the goods and services tax (GST) New Delhi: GDP growth, driven by strong domestic demand, resilient services exports, and low inflation,...
Allianz seeks to use more artifical intelligence, to cut jobs
Companies across industries and geographic regions are increasingly using AI to speed up services and cut costs. Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical...
Heavy rainfall unleashes deadly floods across Southeast Asia
Total number of confirmed dead in Vietnam is now 91.Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 households and rubber- and palm oil-producing areas. In Peninsular Malaysia, more than 16,000 people have been displaced, while...
Sitharman meets trade unions for pre-budgetary consultations
The unions demanded that the government must withdraw the proposal permitting 100% FDI in the insurance sector and stop the privatisation of Life Insurance Corporation and the four PSU general insurance companies New Delhi: Finance Minister Nirmala Sitharaman has met...
Decoding New Labour Laws:Enhancing worker welfare & ease of doing business
The labour codes establish distinct definitions for 'employee' and 'worker,' with specific benefits and provisions applicable only to 'workers.' The definition of 'worker' closely aligns with the term 'workman' under the Industrial Disputes Act, 1947, encompassing...