India’s foreign exchange reserves climbed to a record high of $689.46 billion as of September 13, continuing a five-week streak of gains, according to data from the Reserve Bank of India. The reserves rose by $220 million during the latest reporting week, after accumulating a total of $19.1 billion over the previous four weeks. This … Read more
Beat Capital Partners is launching proRISE Insurance Services targeting management and professional liability insurance for SMEs with its products distributed through wholesale brokers. It will be rolled out on 1 October and led by former Hiscox and AIG executive Doug Karpp as CEO. The offering will include private directors and officers, non-profit directors and officers, … Read more
The Reserve Bank of India (RBI) indicated in its September bulletin that vegetable price shocks, which had contributed to elevated food inflation in the first quarter of FY 2024-25, have begun to reverse. This development is seen as a positive sign for inflation trends. However, the bulletin also warned of an “unfavourable base effect” that … Read more
Industry stalwart Bob Pybus has been appointed CEO of AUB UK Retail, with Tom Wilson leading wholesale broking as CEO of Tysers. The appointments kick in on 1 October, after which Mike Emmett, CEO and managing director AUB Group, will stop being interim CEO of Tysers. He has been in the post since Clive Buesnel … Read more
Epoq Legal has unveiled a legal expenses insurance product featuring LegalAde for businesses, in partnership with Temple Legal Protection. Available for distribution via brokers it includes A-rated insurance underwritten by RSA, administered by Temple. According to Epoq, traditional LEI is typically a reactive approach to legal and compliance risks that can cover the costs of … Read more