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From a failing textile mill to a trillion-dollar giant: The Warren Buffett storyWarren Buffett has ended his formal leadership of Berkshire Hathaway after more than six decades, becoming chairman emeritus at 96. His son...- Gujarat floods trigger thousands of crores in insurance claims, prompting rate hikes for industrial risksGujarat floods have triggered substantial insurance claims, prompting a review of pricing. Insurers are now pushing for more disciplined pr...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
- Global Market: China state insurers, banks to raise up to $54 billion to bolster capitalChina’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financia...
- ‘People’s welfare first’: Russia’s Alipov praises India’s BRICS presidency ahead of Putin visitRussian Ambassador Denis Alipov praised India’s “people-centred” approach to its BRICS presidency, saying the grouping must ensure Global S...
- India knows where extreme weather is coming. It doesn’t know what it will costIndia’s climate risks are increasingly becoming macroeconomic shocks, affecting food prices, infrastructure, power demand, productivity and...
- Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...
- China to pump $54 billion into state banks, insurers in capital-boosting pushChina's finance ministry is injecting over fifty billion dollars into state-owned financial institutions. This coordinated push aims to str...
- Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...
- Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...
- Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
- Wall street bets on shielding Indian real estate from climate disasterClimate resilience is emerging as a new measure of value in India's realty market. Investors are pouring money into infrastructure to prote...
- IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
- Manufacture in India, build for the world: Sitharaman urges global investorsIn a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in In...
- ET WLF 2026: GIFT City eyes reforms to bring offshore biz homeGIFT City is shifting its focus to bring India-related cross-border financial business home. The regulator aims to address product, experti...
- India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
- Govt working on amendments to Actuary Act, 2006: DFS officialThe Department of Financial Services is working with the Institute of Actuaries of India to amend the Actuary Act, 2006, a senior Finance M...
- Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...
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