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Demographic Transition: India’s Emerging Silver Economy
The approach towards elderly support that prioritises family and community-led initiatives while ensuring financial security, digital literacy training, long-term care insurance, digital healthcare access, assistive technologies, and engagement platforms are crucial...
JBA Risk Management to set up India operation, to meet growing demand for flood intelligence
India’s banking sector is increasingly recognising the impact of climate-related risks - particularly flood - as a major contributor to non-performing assets. A host of planned transformative infrastructure projects for example will also need comprehensive feasibility...
IIA Annual Event 2025
Date: October 30, 2025 Venue: Fairmont, Mumbai Theme: AI In Insurance Keynote Speaker: K. Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA) Special Address:Abhishek Singh, CEO, IndiaAI Mission For any questions or assistance, email...
Category 5 storm Hurricane Melissa threatens to bring widespread destruction to Jamaica
Jamaica’s losses will range between $5 billion to $16 billion, depending on the exact track across the island, said Chuck Watson, a disaster modeler with Enki Research. There will likely be another $5 billion of losses in Cuba. From there, the storm is forecast to...
WHO launches new country guidance for health emergency coordination
Health emergencies are becoming more frequent and complex, driven by factors such as climate change, urbanization, geopolitical shifts, and increased global mobility. The World Health Organization (WHO) has released a comprehensive guide, the National Health Emergency...
LM Re appoints Andrew Aldwinckle as International Casualty Chief Underwriting Officer
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has appointed Andrew Aldwinckle as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. Based in London, Aldwinckle will oversee LM Re’s international casualty...
HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case
Madoff’s fraud was estimated as much as $64.8 billion, making it the biggest-ever Ponzi scheme, a kind of fraud whereby old investors are paid off with funds from newer ones while the organizer siphons off some of the money for themselves HSBC Holdings said on Monday...
HK startup aims to launch satellites for 3D wind data, report
The satellites should be able to provide global coverage of data that could be supplied to the aviation, shipping and insurance industries. It could also be used by wind-farm operators, Chief Executive Officer of Stellerus David Liu said Hong Kong startup Stellerus...
Tens of thousands evacuated as cyclone Montha gains strength
The cyclone is likely to turn into a severe storm by Tuesday, before crossing the coast of Andhra Pradesh later in the day, the India Meteorological Department (IMD) said HYDERABAD: India moved 50,000 people to relief camps on Monday as it began evacuations a day...
Govt plans to hike foreign investment cap in state-run banks to 49%, source says
Foreign interest in India's banking industry is on the rise as evidenced by Dubai-based Emirates NBD's recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp's $1.6 billion acquisition of a 20% stake in Yes Bank which the Japanese...
Australia sues Microsoft over AI-linked subscription price hikes
The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot Australia's...
Inclined to entrust CBI with investigation of all digital arrest cases: SC
The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe...
MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy
Chris Methven, Chief Growth Officer at CyberCube, said,``Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
KKR and Quadrantis Capital pick up minority stakes in Peak Re
Franz-Josef Hahn, Chief Executive Officer, Peak Re. Post completion, KKR and Quadrantis Capital are expected to hold approximately 11.27% and approximately 1.80% of Peak Re’s issued share capital, respectively, with the remaining approximately 86.71% continuing to be...
Maritime sector drives India’s economic surge as 95% of trade moves through sea routes
The shipping sector has expanded, with the number of Indian-flagged vessels increasing from 1,205 to 1,549 and gross tonnage from 10 to 13.52 million tonnes New Delhi: Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through maritime...
GST 2.0 rollout, festive demand drive record two-wheeler sales in Oct to 1.85 million; highest this year
Industry officials said the government’s move to reduce GST on motorcycles up to 350cc from 28 per cent to 18 per cent under the GST 2.0 framework has significantly lowered prices, encouraging more buyers to make purchases ahead of Diwali. New Delhi: The rollout of...
Strengthening healthcare key to building a healthy and developed India: President Murmu
“Healthcare is an integral part of nation-building. Protecting people from disease and improving their health is a priority for the government.For this purpose, health and medical infrastructure, institutions, and services are being continuously expanded across the...
IMF data shows India’s economy growing rapidly on strong domestic consumption: Economists
According to the IMF’s latest projections, India’s economy is expected to grow at 6.6 per cent in 2026, maintaining its lead among large economies. New Delhi: India’s economy continues to expand at a rapid pace, driven by strong domestic consumption, robust...