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Global debt reaches an all-time high of $184 trillion, 225 percent of GDP in 2017

On average, the world’s debt now exceeds $86,000 in per capita terms, which is more than 2½ times the average income per-capita.The most indebted economies in the world are also the richer ones. You can explore this more in the interactive chart below. The top three borrowers in the world—the United States, China, and Japan—account for more than half of global debt, exceeding their share of global output.

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What does the future hold for data privacy?

A group of mobile telephone operators in India has begun a pilot project with the World Health Organisation to identify whether their network data can provide insights into population volume and movement patterns and be used to improve planning to control the spread of tuberculosis – one of the biggest killers in the country.

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Virtual Competition: Online Platforms, Consumer Outcomes and Competition in Insurance

The importance of platforms in insurance is likely to increase further, due to the deployment of new technologies and shifting consumer expectations. A global consumer survey (unpublished) by The Geneva Association and Edelman Intelligence revealed that 60% of respondents would go online to look for information about insurance. Platforms such as Google, Amazon, and Alibaba have entered into agreements with insurance companies or are otherwise weighing up their entrance to the insurance space.

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LIC’s Global Call

We have to make LIC , a global financial conglomerate!! LIC has achieved a cult status as far as life insurance is concerned. Now I dream of a day when LIC of india will acquire a similar status as a conglomerate. This is my ultimate vision for LIC @ 75… A place where all kinds of people, with all kind of needs and in all kinds of places: are served under just one roof…that of LIC of india…and they need not go anywhere else, ever!!! 

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Asia’s Digital Revolution

The penetration of e-commerce, as a percentage of total retail sales, now stands at 15 percent in China, compared with 10 percent in the United States. E-commerce penetration is lower in the rest of Asia but is growing fast, particularly in India, Indonesia and Vietnam.

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WHO guidelines: Management of physical health conditions in adults with severe mental disorders

People with SMD have a 2-3 times higher average mortality compared to the general population, which translates to a 10-20 year reduction in life expectancy . People with bipolar disorder and schizophrenia have been shown to have higher rates of mortality in both high and low-income settings. The majority of these premature deaths are due to physical health conditions.

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Coming of age: Adolescent Health

Adolescence is a highly formative time for future health. While many of the challenges that emerge at this age are rooted in experiences in the womb or in young childhood, effects of the neurobiological changes in the very early years can emerge in adolescence. This will influence behaviours that can lead to heart disease and other chronic conditions that also tend to be established at this crucial time of life, including levels of physical activity, nutrition, tobacco smoking, and alcohol use.

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Transforming the Insurance Ecosystem

Given this scenario, insurance carriers may consider employing a few core mobility technologies of digitalisation such as app refactoring, rapid application development platform (RADP), and unified mobile app model, to bring in true digital transformation without compromising on the inherent advantages of MAM/MDM

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