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Eco/Invest/Demography

Willis Towers Watson launches unique $1billion political risk insurance programme

The ever-shifting political environment is demanding a new and innovative approach to how this coverage is currently provided. In conjunction with a select panel of highly rated global insurers, Willis Towers Watson has developed a market-leading, comprehensive and clear policy wording to respond to the needs of its clients. The new programme is targeted at large global clients who may have existing assets or are considering future investments overseas.

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IP emerges as a top 10 risk, insurance covers only 16 percent of $1B in potential losses:Report

“One of our key findings is that threats to a company’s intangible assets are not in proper balance with that company’s insurance protection,” said Lewis Lee, Global Head and CEO of Aon’s IP Solutions. “Understanding how to properly value, exploit and insure intangible assets is exponentially heightened in the digital era. Intangible assets are a Board of Director level issue.”

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World’s worst Air Pollution finally emerges as an Election Issue in India

The ruling BJP’s election manifesto promises to focus on 102 most polluted cities in the country. “We will reduce the level of pollution in each of the mission cities by at least 35 percent over the next five years,” it says, lauding itself for “effective steps” taken to reduce the level of pollution. The Congress party manifesto calls air pollution a national public health emergency. It promises to strengthen the National Clean Air Program to tackle pollution.

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Cyclone ‘Fani’ may turn into severe storm, NDRF, Coast Guard on high alert

Prime Minister Narendra Modi is closely monitoring the situation and has directed Cabinet Secretary P K Sinha to convene a meeting of the National Crisis Management Committee (NCMC) to take stock of the situation with the state governments and the central ministries and agencies concerned to ensure necessary preparations to deal with the situation.

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