News

Foreigners drive 150% surge in health insurance uptake in India

The growth is strongest amongst women and non-residents. A surge in health insurance uptake is fueling the rise of medical tourism amongst non-resident Indians (NRIs), with new data from Policybazaar showing a 150% year-on-year (YoY) increase in NRI health insurance customers in fiscal year 2025. The growth is strongest amongst women (up 125%) and NRIs […]

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India’s life insurance market to reach $170b by 2029

It also seen to record $121b gross written premiums this year. India’s life insurance market is projected to grow from $110.2b in 2024 to $170.0b by 2029, posting a compound annual growth rate of 9.6% in gross written premiums (GWP), according to GlobalData. GWP is expected to reach $120.5b in 2025, growing 9.9% year-on-year. Growth […]

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Wilo Secures Comprehensive Financing Package Worth 570 Million Euros

In December 2023, WILO SE successfully secured the largest financing package in its over 150-year company history. A promissory note loan (Schuldscheindarlehen) totalling 270 million euros was placed in the international capital market and a syndicated loan totalling 300 million euros was refinanced among the core banks. WILO SE was thus able to mobilise a […]

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KHS Introduces New Aseptic Block for Bottle Sterilization

With its new InnoPET BloFill ACF-R aseptic block the Dortmund systems supplier wants to set new standards in safety and hygiene when it comes to bottle sterilization. KHS will be presenting this at Anuga FoodTec in Cologne in March. “Economic success calls for maximum efficiency and availability in all filling and packaging processes. We provide […]

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Three New Members Are Welcomed by BPMA

The British Pump Manufacturers Association (BPMA), which represents the business interests of UK and Irish suppliers of liquid pumps and pump related equipment is delighted to welcome three new members into its ranks. The first of these is Oxfordshire based Ambic Equipment Ltd, which designs, tests, manufactures and assembles a full range of Peristaltic Pumps, […]

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District Energy Growth Drives Tremendous Opportunities for the HVACR Industry

Driven by demand for low-cost energy and the growing number of organizations committing to Net-Zero targets, the global market for District Heating and Cooling Systems market is expected to grow to over $745 billion by 2032. As a single source of heating and cooling for multiple buildings, District Energy installations worldwide typically reduce primary energy […]

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