West Asia Crisis: Higher underwriting uncertainty in global terrorism and political violence insurance markets

West Asia Crisis: Higher underwriting uncertainty in global terrorism and political violence insurance markets

For insurers and reinsurers, the key issue is not only the probability of attacks but also how losses may accumulate across multiple insurance lines. Terrorism and political violence incidents can trigger claims simultaneously in property, marine, aviation, and...
Navi launches Motor cover

Navi launches Motor cover

Navi General Insurance has launched a Motor cover. Customers can purchase comprehensive, own-damage or third-party policies for cars and two-wheelers directly on the Navi app, with instant policy issuance, transparent pricing and zero commissions. “Motor...
West Asia Crisis:Govt considers setting up of  a Rs 1000 crore Marine Reinsurance Pool and Indian P&I Club as insurance premiums rise for ships

West Asia Crisis:Govt considers setting up of a Rs 1000 crore Marine Reinsurance Pool and Indian P&I Club as insurance premiums rise for ships

Rajesh Kumar Sinha,Special Secretary, Shipping Ministry Speaking during an inter-ministerial briefing, Special Secretary in the Shipping Ministry Rajesh Kumar Sinha, said,“ We’ve made considerable progress on discussions about a P&I club. A few days ago we...