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Here is a masonry blog layout with no sidebarParametric insurance cover provides French farmers with drought relief
UK regulator asks insurers to weigh possible business impact of Climate Change
Willis Towers Watson acquires Risk Capital Advisors
Jill Stewart, Head of Willis Towers Watson FINEX in Australasia reinforced that there is a strong alignment between the service offerings of RCA and that of Willis Towers Watson. “Combined with our financial lines expertise including Directors’ & Officers’, Professional Indemnity and Cyber Insurance, we now have one of the most complete financial and executive risk offering in the Australasian market to support clients in a wide range of industries.
RS passes Motor Vehicles (Amendment) Bill, 2019
India’s gold demand to soften in Q3 on price rise, rural distress: WGC
The fall in consumption could weigh on global prices that have risen nearly 10 per cent so far in the 2019, but could help in bringing down the south Asian country’s trade deficit, supporting the rupee.Rural distress, higher prices and a hike in India’s import tax could dampen demand during the September quarter, said Somasundaram PR, the managing director of WGC’s Indian operations.
Monsoon expected to be normal in August, September, says IMD forecast
Record global insurance M&A deals in H1 2019
Lloyd’s selects 11 Insurtechs to help support its Future-at-Lloyd’s project
The start-ups are focused on finding ways to enhance data sharing and provide new sources of risk insight as well as pricing and risk models to help Lloyd’s market participants better understand threat scenarios. They also will be developing methods to reduce the cost of processing claims as well as the burden of compliance and regulation
Oil tankers cut navigation risks in Strait of Hormuz by vanishing from tracking systems
Ships go dark when they want to avoid prying eyes — Iranian vessels have been doing it on and off for years because of sanctions that penalized buyers of the nation’s oil. Tankers occasionally turn off their signals when rounding the Arabian peninsula, near flash points in Yemen. This doesn’t make vessels invisible or hide them from radar, though it does make their movements harder to track
GIC Re hikes its property capacity to Rs 3,500 cr, plans US operations: Vaidyan
Vaidyan completed her tenure of 41 months as the CMD of GIC Re on Wednesday. After Vaidyan’s retirement, the government has asked two senior officials of GIC Re, M Sashikala , director & general manager and Reena Bhatnagar, general manager to discharge the function of Chairman & managing director(CMD), of the listed company, from Aug 1, till a regular appointment is done.
Companies Act amended to include penal provisions for CSR norm violations
Swiss Re H1 profit hit by Ethiopian airlines crash, grounding of Boeing 737 MAX
Wages Code Bill will uphold workers’ rights, ensure timely payments: Govt
3 of 5 costliest disasters hit emerging and developing countries in H1 2019:Munich Re
When looking at the first half of 2019, disasters in poorer countries are worrying because the victims so often have virtually no insurance cover. Cyclone Idai, which hit Mozambique, was in relative terms worse for that country than the Tohoku earthquake – the costliest natural disaster on record – was for Japan in 2011. Almost nothing was insured, so that very few of the people affected were able to obtain prompt financial assistance for the loss of their belongings. Experience has shown that such countries often take years to recover from disasters. The insurance industry therefore needs to promote partnerships with governments and development banks to provide greater assistance to countries like Mozambique, ” said Torsten Jeworrek, member of the Board of Management, Munich Re said
New auto safety technology leaves insurers in the dark
WHO launches new report on the global tobacco epidemic
Costs, underinsurance bigger challenge than uninsured in U.S. health system
Government surveys show that about 90% of the population has coverage, largely preserving gains from President Barack Obama’s years. Independent experts estimate that more than half of the roughly 30 million uninsured people in the country are eligible for health insurance through existing programs.
No-Deal EU exit ‘Now a Very Real Prospect’, Says Head of Newly Formed Brexit Cabinet
Chancellor Sajid Javid is ready to release more than 1 billion pounds ($1.2 billion) for planning a no-deal exit, the Financial Times reported on Sunday, noting the new funds add to the 4.2 billion pounds set aside by his predecessor, Philip Hammond.There’s not a clear majority in Parliament for no deal and lawmakers have said they will try to block it. Labour Party leader Jeremy Corbyn said he’s ready for a general election at any time