Indian News
IDBI Bank privatisation: Govt,LIC together to sell 60.72% stake in bank, invite bids
``Expression of Interest is invited for Strategic Disinvestment of specified GoI and LIC stakes in IDBI Bank along...
RBI announces digital rupee. E-Rupee to launch soon on pilot basis
The concept note also discusses key considerations such as technology and design choices, possible uses of the digital...
Govt notifies credit guarantee scheme for startups
”Maximum guarantee cover per borrower shall not exceed Rs 10 crore. The credit facility being covered here should not...
International News
Munich Re not to invest in or insure new oil and gas fields from April 2023
Furthermore, in its own listed equities and corporates portfolio, as of 1 April 2023, Munich Re will cease to conduct...
Market turmoil may hinder UK’s plans to reform EU insurance solvency rules
“We are absolutely committed to delivering reforms to Solvency II, which could unlock tens of billions of pounds of...
IMF warns of higher recession risk and darker global outlook in 2023
"We are experiencing a fundamental shift in the global economy, from a world of relative predictability … to a world...
Cardif Japan selects Munich Re’s tech solution to support its move to the cloud
``We will be able to realize a higher underwriting automation rate using the build-in analytics to adjust rule...
Briefs
Hamann appointed as CEO, Aon,Indonesia.
Aon plc announced Karl Hamann has been named chief executive officer of Aon Indonesia. Hamann will be based in Jakarta...
Bhaskar returns to GIC Re as GM
State owned GIC Re has announced the appointment of Girija Subramanian, general manager(GM) of the corporation as...
Interviews
“PMFBY premium can come down by exploiting more technology to bring in more transparency and objectivity in loss assessment’’ Malaya Poddar,CMD, Agriculture Insurance Company
Malaya Poddar,CMD, Agriculture Insurance Company AIC's market share in Crop Insurance increased from 29 % to about 50...
“ Indian government’s Sagarmala project will unleash country’s economic potential by harnessing its 7500 km long coastline’’
Amitabh Kumar, IRS, Director General of Shipping Hosted by the General Insurance Council, International Union of...
“For 2021, we expect the pricing to maintain. In the non-proportional segment, pricing is soft and challenging” GLN Sarma,CEO, Hannover Re, India Branch
Germany based Hannover Re, is the third-largest global reinsurance group, with a gross premium of around €24 billion....
Articles
South Asia’s poorest city dwellers bear brunt of worsening floods
Worrying about floods is an annual routine for the community, but environmental experts fear its residents - like...
Ageing and Health: Global population ageing is much faster now
By 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60...
COVID pandemic created immunisation gaps in Africa, Over half a million children are at risk
The continent's health systems have to manage on average 150 cases of disease outbreaks and other public health...
Data
India:74% rural households receive water on 7 days, 8% once a week,Study
The national study conducted by the Jal Shakti ministry released on Sunday has revealed that about four per cent of...
FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep
''Concerns over the aggressive rate hike by US Fed to control rising inflation, sharp depreciation in rupee, surge in...
Maha records 1,700 gg of PM10 emission each year; windblown road dust largest contributor: Study
The study also revealed that industries and thermal power plants were also one of the major contributors to PM10...
Facts
AI-powered WHO Digital Health Worker ‘Florence 2.0’ launched in Qatar
Florence can share advice on mental health, give tips to destress, provide guidance on how to eat right, be more...
Digital skills increasing in demand in Asia and the Pacific: ADB and LinkedIn report
"The digital economy in Asia and the Pacific is growing at great speed, with e-commerce expected to reach $2 trillion...
Singapore faces challenge of finding foreign nurses for aging population
By 2030, one in four Singaporeans will be aged 65 and above, up from one in six today. Singapore is ramping up the...