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Zurich completes Beazley acquisition, creates world’s largest specialty insurer
Following the completion of the acquisition, Kristof Terryn is appointed CEO of Beazley and Zurich Global Specialty, subject to regulatory approval. Adrian Cox will be leaving Beazley as the organization begins its next phase. Zurich Insurance Group (Zurich) today...
PFRDA aims for universal pension coverage for workforce by 2047, focusing on non-government sector
S Ramann, Chairperson ,PFRDA Bank of Baroda has formally entered the pension fund business.The development follows PFRDA’s approval in July 2026 of Bank of Baroda, Motilal Oswal AMC and Bajaj as sponsors of pension funds under the regulator’s revised guidelines. New...
Aon makes two leadership appointments for Japan Global Solutions
Global re/insurance broker Aon plc announced two leadership appointments for Japan Global Solutions, reinforcing the firm’s commitment to helping Japanese multinational clients address complex business, risk and people challenges through integrated global capabilities...
Everest Group appoints Nandini Mani as SVP, Group Chief Claims Officer
Everest Group, a global specialty reinsurance and insurance leader, announced the appointment of Nandini Mani as SVP, Group Chief Claims Officer, effective immediately. Mani succeeds Andrew McBride, who will retire following a distinguished career in the insurance...
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CAFE III: Roadmap for technology flexibility and cleaner vehicle transition
"CAFE III regulation lays down a structured road-map with aggressive annual targets for next 5-years for the auto industry along with a market-based compliance mechanism. This will not only ensure reduction of overall fuel consumption from new passenger vehicle fleet...
India needs to shift more household savings to long-term pension assets: CEA Nageswaran
V Anantha Nageswaran, Chief Economic Adviser "That is a different decision because in general Indians do not optimize for the long term," Nageswaran said, adding that the shift would require trust in institutions, accessible financial information and products that do...
India faces stiff challenge in attracting capital amid trade, crude, AI uncertainties: FinMin report
“Near-term uncertainties pertaining to the state of the trade relationship with the United States, tariff pressures, uncertainty with respect to crude oil prices and supply and the absence of an India angle to the AI-related global developments cast a shadow on India...
Domestic PV sales rise 21 pc in Sep; Maruti, Hyundai, Tata post double-digit growth
The industry is anticipating robust demand during the peak festival season, which starts with Navratri in the second week of October this year and runs till Diwali in the second week of November. New Delhi: Passenger vehicle dispatches in the domestic market are...
Anup Bagchi appointed as new MD&CEO of HDFC Bank for 3 yrs
Anup Bagchi, MD & CEO, ICICI Prudential Life Since June 2023, Bagchi has been serving as MD & CEO of ICICI Prudential Life Insurance leading one of India's largest private life insurers, which is publicly listed. Mumbai:Anup Bagchi, MD & CEO, ICICI...
India to grow at 7% in FY27 as next phase of growth hinges on infra and deeper capital markets: S&P Global
Weather-related risks warrant close monitoring. Cumulative rainfall was 15 per cent below normal till September 9, 2026, in the current monsoon season. Agricultural output and food inflation therefore remain key variables to watch,S&P Global Ratings said. New...
AI models begin shifting healthcare from disease detection to disease prediction
In 2024, researchers used AI to study proteins from 45,441 people in the UK Biobank. They found that 204 proteins, taken together, could estimate a person's age. More importantly, people whose proteins appeared older than their actual age had a higher risk of 18...
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Indian insurance and pension segments record fastest growth, up 11.4%, ahead of deposits in 2025: Allianz Report
In India, insurance and pensions grew fastest, up 11.4%, ahead of deposits (9.8%) and securities (6.1%). Nevertheless, like in many emerging economies, deposits still have the highest share in private households’ portfolios, at 40.2%, followed by securities with 32.7%...
Jio Allianz General Insurance receives Rs 640 crore of fund infusion, to announce a new CEO shortly
Industry sources have said though a few names are doing the round to be appointed as first CEO of the company, which has already applied for a license from the IRDAI, the insurer is yet to announce any name yet Mumbai: Getting ready to start its operations soon, Jio...
Mid-air horror: Flydubai Pilot of a Tel Aviv bound jet with 170 passengers stabs his colleague and tries to crash the plane
Catastrophe was narrowly avoided after a passenger and members of crew stormed the cockpit of the Flydubai plane that had taken off in Dubai and managed to stabilize the jet, after it plunged more than 14,000 feet (4,300 meters) in less than 30 seconds at almost the...