New Indian insurer receives licence

india-taj-mahal-against-pink-and-purple-sky-sunset

Indian engineering giant Larsen & Toubro’s new general insurance company is due to start operations after receiving a licence from the regulatory authority for commencing its business operations.

YM Deosthalee, whole‐time director and chief financial officer, L&T, said, “Given the size and the opportunity, L&T considers financial services as an important business in its portfolio. Entry into

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Stark asbestos risk in UK schools brought into focus

Jonathan Edwards, head of insurance and risk at HCR Law, warns insurers and brokers they need to move from passive monitoring to proactive risk mitigation in order to prevent hundreds of thousands of teachers and pupils dying as a result of asbestos present in UK schools.

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