India: Biggest general insurer receives largest GST bill

Published on October 6, 2023
Listed public-sector general insurer New India Assurance (NIA) has received the largest-ever Goods and Services Tax (GST) demand notice among all insurers, amounting to INR23.79bn ($285.8m).
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Hong Kong: Peak Re says portfolio rebalancing boosts 1H financial results

October 6, 2023
Hong Kong-headquartered global reinsurer, Peak Reinsurance (Peak Re), says that had a very successful first half in 2023, highlighting the effectiveness of the company's earlier management actions in

WTW hires Lockton’s Scardino and Gould

October 6, 2023
Broker WTW has announced the appointment of Frank Scardino as North America Strategic Sales Leader and Leader of the Dallas Market. Simultaneously the company has appointed Kenneth Gould as Strategic Client Engagement Leader within Corporate Risk and Broking (CRB), North America.Both Scardino and Gould align perfectly with the growth strategy for CRB North America, said WTW.The company added, “The