Mario Greco, Group Chief Executive Officer, Zurich Insurance Group,...
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Financing Climate Risks: Testing New Approaches
“Emerging market and developing economies face substantial...
Pradhan Mantri Jan Dhan Yojana@10: World’s Largest Financial Inclusion Mission
PMJDY, the world’s largest successful mission has already crossed...
Climate Change: The Era of Super-Wild Weather Is Already Here
Erich Fischer, a climate scientist at ETH Zurich, has been trying to do for heat something similar to what US researchers want to do for precipitation. His work in recent years has helped demonstrate that temperature records around the world are falling by greater and...
Life Insurance: Surrender charges to reduce finally, hit insurance companies
The Indian life sector has been marred with tax-rate changes (on high-ticket non-par policies) in the budget last year (2023). Investments in smaller tickets, growth in interiors, higher payouts and the ULIP wave (over non-par) have kept margins muted. In this...
EVs for sustainability: Navigating New Challenges
ICICI Lombard’s new study highlights how Electric Vehicles are driving the future transforming motor Insurance even as choosing insurance, premium cost and claim settlement experience are paramount. Notably, consumers are willing to invest in comprehensive coverage,...
LGBTQIA+ community: 9 in 10 in India secure their financial future, says Max Life’s study
With a population estimated to be around 135 million people, or around 10% of India's 1.4 billion population, the LGBTQIA+ community represents a significant segment whose financial preferences and challenges cannot be overlooked The flagship study of Max Life...
Shipping: Losses hit all-time low despite increasing risks for the sector: Allianz Report
The number of shipping incidents reported globally declined slightly last year (2,951 compared to 3,036), with the British Isles seeing the highest number (695). Fires onboard vessels – a perennial concern – also declined Fires remain a key safety issue on larger...
Water Security: Billions remain without water access
Today, over two billion people still lack access to safe drinking water, and 3.5 billion are deprived of safely managed sanitation facilities. Resulting infectious diseases contribute to at least 1.4 million annual deaths and 50% of global malnutrition “To improve...
Class Action Suits: 2 separate cases to provide level a playing field for India’s minority investors
Following the insertion in 2016 of a class-action provision in the Companies Act, a number of them could, in theory, come together and seek compensation from the company, its directors, auditors and even external consultants for acting in bad faith By Andy Mukherjee...
Climate change: Hardly a burning issue for Indian voters
A detailed review of the election manifestos revealed that, except for the regional party Dravida Munnetra Kazhagam (DMK), none of the major political parties in India have concrete grassroots-level plans to mitigate the impact of climate change In Europe, green...
Worsening Weather: A $25 billion Market Opportunities
Most large and listed European companies are now required to disclose what they see as risks and opportunities from environmental factors. In the US, the Securities and Exchange Commission finalized rules in March that would make it mandatory for companies to publish...
Global plastic treaty: Agenda for Stakeholders
Backed by some environment groups, this coalition has called for common, legally binding provisions to “restrain and reduce the production and consumption of primary plastic polymers to sustainable levels.” They also are proposing measures such as phasing out...