Europe's public finances face growing strain from uninsured climate damage, with recent extreme weather events having caused significant ec...

Insurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...

Bank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...

Berkshire Hathaway began deploying its cash pile in Q2, buying nearly $20 billion more stocks than it sold and ending a 14-quarter selling ...

Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks an...

European stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East ten...

Climate tech startup InRisk Labs has raised $27 million in a round co-led by Bessemer Venture Partners and Sameer Brij Verma’s Northpoint C...

The guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missio...

IRDAI has expanded insurers' investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, r...

Nuclear Power Corp of India (NPCIL) had budgeted Rs 30.13 crore, including taxes, for insuring Tarapur units 3 and 4 under a one-year prope...

In a bull market, everyone looks like a genius. Warren Buffett, having just booked what he believed was the largest one-year gain any Ameri...

Bank of Baroda has filed a preliminary claim under its cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer...

ProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four regist...

The Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...

Bank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...

El Nino traditionally lowers hurricane risk for insurers. However, coastal growth and rising property values change this assumption. Even q...

Gross written premium during the quarter also fell 8.4% year-on-year to Rs 2,731 crore. “In a soft market we would rather protect the quali...