Read more about the article Indian Gov’t intends to invest an additional Rs 3,000 crore in state-run general insurance companies for the FY 23-24.
Indian Govt to infuse Rs 3,000 crore capital to three insurers

Indian Gov’t intends to invest an additional Rs 3,000 crore in state-run general insurance companies for the FY 23-24.

For the fiscal year 2023–2024, the Indian Ministry of Finance plans to infuse 30 billion INR (365.6 million USD) to the capital of National Insurance Company, Oriental Insurance Company, and…

Continue ReadingIndian Gov’t intends to invest an additional Rs 3,000 crore in state-run general insurance companies for the FY 23-24.
Read more about the article Laura Wood of Swiss Re joins Youi Insurance as Head of Reinsurance.
Laura Wood of Swiss Re joins Youi Insurance as Head of Reinsurance.

Laura Wood of Swiss Re joins Youi Insurance as Head of Reinsurance.

Australian-based insurance company Youi Insurance has named Laura Wood as Head of its Reinsurance division. Laura brings 18 years of industry experience to her new post, having worked in re/insurance…

Continue ReadingLaura Wood of Swiss Re joins Youi Insurance as Head of Reinsurance.
Read more about the article Peter Chesterfield joins Lockton’s Real Estate & Construction team.
Lockton adds Peter Chesterfield to Real Estate & Construction team

Peter Chesterfield joins Lockton’s Real Estate & Construction team.

Lockton, an independent insurance broker, has appointed Peter Chesterfield as Senior Vice President in its Global Real Estate & Construction (GREAC) business division, effective immediately. Chesterfield will report to David…

Continue ReadingPeter Chesterfield joins Lockton’s Real Estate & Construction team.
Read more about the article Aon has appointed Sherif Zakhary as CEO of the Strategy & Technology Group.
Aon has appointed Sherif Zakhary as CEO of the Strategy & Technology Group.

Aon has appointed Sherif Zakhary as CEO of the Strategy & Technology Group.

Sherif Zakhary has been appointed Chief Executive Officer of Aon's Strategy and Technology Group under Reinsurance Solutions, effective immediately. He will report to Andy Marcell, CEO of Aon's Reinsurance Solutions,…

Continue ReadingAon has appointed Sherif Zakhary as CEO of the Strategy & Technology Group.
Read more about the article Sukoon is granted approval to purchase a majority stake in ASCANA.
Sukoon receives approval to acquire majority shares of ASCANA.

Sukoon is granted approval to purchase a majority stake in ASCANA.

Sukoon Insurance (previously known as Oman Insurance Company) has received authorization from the Central Bank of the UAE and the Securities and Commodities Authority (SCA) to proceed with its proposed…

Continue ReadingSukoon is granted approval to purchase a majority stake in ASCANA.