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Bank body asks lenders to get cyber insuranceWhile the larger lenders have cyber insurance covers ranging from Rs 350 crore to Rs 500 crore, many of the smaller players have only the B...
Insurers do a check of office canteens to reduce health-related claimsHealth insurance sector, growing at over 20% every year, is seeing a rise in claims for workplace health issues
Kidnappers, angry workers plague a $210 billion bad loan cleanupResolution professionals face a tricky terrain: Obstructionist owners, irate worker and even kidnapping.
LMG-toting Dinesh Gope attacks both capitalism and red extremismGope, who along with others raised Jharkhand Liberation Tigers in 2003, which was later renamed PLFI, detests being clubbed with the Commun...
Consultancies choose are extending the insurance period for partnersAccounting firms are extending the insurance cover for partners and their teams working on insolvency proceedings for about 90 additional d...
Insurance companies create policies to protect IRPsInsolvency resolution professional is appointed as CEO by lenders during the bankruptcy proceedings.
Insurers now offer cover for insolvency professionalPolicies cover kidnap, ransom apart from offering professional indemnity to insolvency professionals. They are appointed as acting CEOs of ...
Insolvency professionals to get coverThe cover is aimed at ensuring that the insolvency professional (IP), who takes on the role of the firm’s CEO at the behest of lenders, can...
E-wallet companies grow fast, but not covered for cyber attackJust a few days back the country's largest mobile wallet company Paytm lost about Rs 6 lakh through cheating by a few customers where insid...
JLT India acquires Vantage Insurance Brokers’ portfolioJLT Independent is a specialist broker catering to clients in product lines like energy, Credit & political risks and cyber insurance.
Caught in Indo-Pak crossfire, insurers consider raising hull, marine premiumThe rate of both marine and hull are reinsurance market-driven, while war risk is generally associated with cross-border operations, foreig...
Premiums for political risk insurance up 100-600% in war-torn countries: JLTSuch policies offer cover against damage to property due to acts of political violence and terror. Companies are also insured for losses du...
London’s JLT in talks to acquire Vantage ConsultingAcquisition to give insurance broker a chance to scale up employee benefits business as it looks to make the most of the increase in foreig...
India ranks second only to Mexico in abductionsInsurers say this does not mean that neighbouring countries like Afghanistan or Pakistan are any safer.
Insurance Act to help re-insurers enter Indian market: JLTOpening of insurance sector will lead to more insurance premium being retained and lesser dependence on international market, says Jardine ...
JLT Insurance Brokers launches operationUK based JLT today said it is keen to increase its stake in joint venture JLT Independent Insurance Brokers, which formally launched its op...
- Only ICICI Lombard & New India consortium bid for Air India’s fleet cover
Air India insurance policy is a hull, spares and liability policy, which covers the aircraft value, passenger’s liabilities and suites in t...