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More US industries depend on weather tracking

About one-third of the U.S.’s $18 trillion gross national product is generated by industries vulnerable to changes in the weather. There were 14 weather events that caused at least $1 billion in damages in the U.S. last year, according to the National Centers for Environmental Information. That’s more than the 6.2 per year average from 1980 to 2018.

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IRDA set to allow claim settlement in installments in healh & PA policies

IRDA has favoured the concept of payments of claims in installments in respect of personal accident policies issued by general and health insurers and benefit based health insurance policies issued by all insurers as  claims offer an income in the hands of the claimants for a reasonable period of time on the happening of the contingent event insured under an underlying policy. 

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India has huge potential, the real question is speed of growth: Indra Nooyi

“As long as you go into a country and develop a local model and execute it locally, you live within the rules of that country. Don’t compromise your corporate governance principles.You have got to be aware of politics, be sensitive to all the minefields, but don’t play in them, don’t take a voice in them because that is a losing proposition,” she said, adding that if companies have knowledge of what’s going on but they just focus on doing their business, they will be successful.

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