Category:

Eco/Invest/Demography

U.S. insurers dig into corporate diversity practices as lawsuits pile up

Insurers are meeting company officials to examine diversity practices before renewing or signing new so-called D&O policies to cover lawsuits against directors and officers, insurers and brokers said.

Before pricing coverage, insurers want details about top-level succession planning and how companies recruit, they said.

read more

Fitch maintains a stable rating outlook for Chinese non-life insurance sector

“We expect the non-motor business to continue to report faster growth dynamics than the motor insurance class. Implementation of comprehensive motor insurance reform is likely to impair smaller insurers’ ability to boost profitability, while scale advantage will enable the large peers to sustain profitable underwriting results,” said Fitch in a rating note.

read more

India recorded largest reductions in malaria cases in South-East Asia between 2000-2019: WHO

“Countries in South-East Asia made particularly strong progress, with reductions in cases and deaths of 73 per cent and 74 per cent, respectively. India contributed to the largest drop in cases region-wide from approximately 20 million to about 6 million, WHO Director-General Dr Tedros Adhanom Ghebreyesus said in the report’s forward.

read more

Biden plan to end U.S. fossil fuel subsidies faces big challenges

Doing away with tax breaks on producers of fuels that emit greenhouse gases would fit neatly with Biden’s pro-climate agenda, which marks a reversal from Trump’s efforts to roll back climate regulations while boosting fossil fuel output.

It would help establish the United States as a global leader on climate, potentially helping convince other big emitters to axe fossil fuel subsidies.

read more