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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google admitted the arrangement had a substantial impact on competition from rival search engines, and has stopped signing similar deals while also agreeing to the fine, the Australian Competition and Consumer Commission (ACCC) added. Google agreed on Monday to pay a...
Govt has rescue-centric approach to handle disasters: Amit Shah
Amit Shah, Union Home Minister ``As a result of the efforts of the government in the field of disaster management, there has been a 98 per cent reduction in the damage caused by cyclones and a significant reduction in heat wave casualties. The Government is...
APAC Employee Benefits Strategy: Health and productivity as top priorities
"As organisations navigate economic uncertainty and rising employee expectations, the ability to deliver personalised, equitable and cost-effective benefits is a strategic differentiator," said Tim Dwyer, head of Human Capital for APAC at Aon Aon plc has released its...
Charles Taylor appoints Gordon Tennant as regional director of Marine Technical Services in Asia
Charles Taylor, a global leader in loss adjusting, has appointed Gordon Tennant as Regional Director, Marine Technical Services (Asia), marking a strategic expansion of its marine capabilities across the region. Gordon will be based in Singapore and will report to...
Howden Re appoints Candy Wong as Head of Treaty for Hong Kong
Howden Re has announced the appointment of Candy Wong as Head of Treaty for Hong Kong. She will join the business on 18 August 2025, Candy has worked in the reinsurance market for more than 40 years, half of which included leadership roles in the Hong Kong market. She...
Fenchurch Law strengthens Asia-Pacific presence with new partner appointments in Singapore
Fenchurch Law, the leading international law firm for insurance policyholders and brokers, has appointed two new Partners to its Singapore hub, demonstrating its commitment to the Asia-Pacific region. Julian Teoh, a twenty-plus year veteran of insurance and...
In APAC region 75 pc CFOs see AI agents as revenue drivers, Salesforce report
The findings highlight a shift in AI strategy, moving from cautious spenders to strategic investors, with financial leaders betting on AI not just for cost-cutting, but as a crucial engine for long-term revenue growth. New Delhi: As many as 75 per cent of chief...
Cloudbursts: Hitting Himalayan regions hard
This monsoon season has so far seen at least four major deadly cloudbursts, including in Uttarakhand, India, where video captured the moment when village buildings were swept down a mountain, and in Buner, in the Hindu Kush mountain range in Pakistan, where more than...
Cabinet approves bill to regulate online gaming platforms, real money games may face ban
Sources said that the decision has come following observations from the government that online money gaming provides means to facilitate money laundering, fraudulent financial transactions, and cyber crime, among others The Cabinet has approved the bill to regulate...
Mumbai rained out; air, road, rail services hit; 500 evacuated after Mithi level rises
"Mumbai has witnessed a record rainfall of nearly 300 mm. The city's lifeline -- suburban trains -- have slowed down. The Mithi river (which runs through Mumbai) reached the danger-level mark and 400 to 500 persons had to be evacuated," Chief Minister Devendra...
Lockton India appoints Girish Mantri from Howden India as CFO
Lockton, the world’s largest privately held, independent insurance broker, has roped in Girish Mantri from Howden India as its chief financial Officer (CFO) at Lockton India. With over 19 years of extensive experience in the insurance broking industry, Girish brings a...
LIC launches special revival campaign for revival of lapsed policies from 18th August to 17th October 2025
LIC has come up with a special revival campaign for revival of lapsed policies from 18th August 2025 to 17th October 2025, for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30% of late fee upto a maximum...
Centre pushes financial inclusion with insurance, health schemes for all
Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
Pakistan resumes rescue operations in flood-hit areas; death toll over 300
The intense rain has claimed lives and spread destruction in several northern districts, with most people killed in flash floods, according to the National Disaster Management Authority BUNER, Pakistan: Heavy rain in northwest Pakistan halted rescue and relief...
AM Best’s Top 50 Global Reinsurers: Swiss Re unseats Munich Re as new No 1 among IFRS-17 players in 2024
Now, AM Best's ranking of “World’s 50 Largest Reinsurers' has four Asian reinsurers - China Re(fourth largest IFRS -17 global reinsurer, with a premium income of $5.9 billion) Korea Re(sixth largest IFRS -17 global reinsurer, with a premium of $5.77...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say
Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...