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New GIC Re CMD to be selected by FSIB on Feb 24
A few names including Ashok Lahoty,appointed actuary of state owned National Insurance Company along with three senior most officials of GIC Re,Hitesh Joshi, executive director and acting CMD,Jayshree Bala,ED GIC Re and V Balkrishna, general manager along with others...
HDI Global launches new global strategies for expanding international footprint
Edgar Puls, CEO of HDI Global. HDI Global will sharpen its international footprint in selected regions and open new markets. A key focus is North America, as well as dynamic growth regions such as South East Asia and the Middle East Hannove:HDI Global aims to further...
Aon sets up a new office in Mumbai
Rishi Mehra, CEO, India and Head of Strategy, Human Capital, Asia Pacific, Aon Global re/insurance broker Aon plc announced that it is combining its three existing Mumbai offices into a single, modern corporate location at One Unity Centre in Lower Parel, Mumbai. The...
Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions
In his new role, Fraccalvieri will be responsible for setting the strategic direction and driving the execution of Aon’s global facultative reinsurance strategy, with ceded facultative at the core of the proposition. He will also lead the development of new digital...
Bayer proposes $7.25 billion plan for all Roundup cancer cases
The plaintiffs say they developed non-Hodgkin lymphoma and other forms of cancer due to using the weedkiller, either at home or on the job. Bayer said on Tuesday its Monsanto unit had filed a proposed U.S. class settlement totaling as much as $7.25 billion aimed at...
Nagaraju inaugurates facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries
M. Nagaraju, Secretary, Department of Financial Services (DFS), inaugurated facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries at the premises of DFS in New Delhi today The Paripoorna Mediclaim Ayush Bima has been launched by New...
Trump’s repeal of climate rule opens a ‘new front’ for litigation
President Donald Trump The Environmental Protection Agency is set to repeal a 2009 scientific determination known as the endangerment finding, which has been the foundation for federal climate regulations. The endangerment finding is what led the EPA to take action...
Govt discussing age restrictions with social media platforms:Vaishnaw
"Right now we are in a conversation regarding deepfakes, regarding age-based restrictions with the various social media platforms and… what is the right way to go about this," said IT minister Ashwini Vaishnaw New Delhi:India is discussing age-based restrictions with...
PSU banks and insurers playing a central role in advancing national priorities: Govt
(Lto R) R Doraiswamy, CEO &MD, LIC, CS Shetty,Chairman, SBI and M Nagaraju, Secretary, Department of Financial Services(DFS) at Chintan Shivir, 2026, organised by the Department of Financial Services(DFS) in Coorg The primary objective of Chintan Shivir,...
Rajasthan: Agri Minister Meena exposes major scams in PMFBY claim settlements in the state
Kirodi Lal Meena,Agriculture Minister,Rajasthan Rajasthan Agriculture Minister Meena named Kshema Insurance Company, a private sector stand alone Agriculture Insurance company, alleging that it was found to be a prima facie defaulter Minister Meena also highlighted...
Goa govt studying possibility of restriction on social media use for children below 16: Minister
"The state plans to constitute a task force comprising representatives from academia, parent-teacher associations, industry and government to study the issue and recommend a policy framework. Any decision would have to be aligned with central laws, including...
Investors can raise equity allocation to 60–65 pc as medium-term risk-reward improves: Report
The government’s sustained emphasis on infrastructure development, logistics expansion, manufacturing competitiveness and digital capacity building in the Union Budget for FY27 signals a structural growth blueprint rather than a short-term cyclical stimulus, the firm...
AI to reduce burden on healthcare workforce, strengthen physician–patient relationship: Health secretary
Union Health Secretary Punya Salila Srivastava highlighted that the Ayushman Bharat Digital Mission (ABDM) has evolved into a robust digital public infrastructure for health, with over 859 million ABHA accounts linked to more than 878 million health records. New...
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...
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 clients across Employee Benefits,Property & Casualty, transport-related risks, and niche international programmes London:The Ardonagh Group, one of the world’s leading independent insurance...
SC issues notice to Centre on plea challenging 2023 data protection law
The plea, moved by The Reporters' Collective and journalist Nitin Sethi, argues that the new data regime severely dilutes the Right to Information (RTI) Act and grants the Centre "sweeping powers" over personal data.The plea, moved by The Reporters' Collective and...
Govt doing a ‘very thorough study’ of non-scheduled flight operators, uncontrolled airfields: Naidu
Civil Aviation Minister K Rammohan Naidu told PTI that the civil aviation ministry is doing a "thorough study" of the NSOPs, as well as the uncontrolled airfields. Areas where something needs to be done with respect to NSOPs and uncontrolled airfields will be looked...
Rising civil unrest pushes up SRCC(strikes, riots and civil commotion) claims globally
Claims tied to SRCC — strikes, riots and civil commotion — are emerging as a growing headache for insurers as episodes of unrest increasingly lead to the destruction of property in Western democracies.Howden Re estimates that insured losses related to SRCC soared from...