Category:

Eco/Invest/Demography

Global insurance M&A activity up 9% in 2018, may slow down in first half 2019:Clyde & Co

While the Americas remained the most active region for insurance sector M&A with 189 deals in 2018, there was a slight drop off in deal activity in the Americas in the second half of the year with 92 transactions, down from 97 in the first six months. The slowdown in the Americas in the second half of last year is indicative of heightened investor caution, and the legal firm predicts 2019 will be a year of two halves – a slowdown in M&A in some markets in the first six months, while the second half should see a return to form.

read more

In India, most complaints by flyers are about harassment by airline staff

Last year, the civil aviation ministry had told the Parliamentary Standing Committee on Transport, Tourism and Culture that “systematic grievance redressal mechanism has been already put in place through which passenger grievances received by this office are forwarded to the concerned airline for redressal directly with the complainant as the travel by air is a contractual matter between the airline and the passenger”. 

read more

NYC Mayor proposes $10B plan to flood-proof Manhattan as Climate Risk grows

President Donald Trump’s skepticism that climate change is the result of carbon-dioxide emissions from the use of fossil fuels means that the city can’t rely on federal funds unless someone else occupies the White House, New York Mayor Bill de Blasio said. Climate scientists overwhelmingly consider such emissions as the driver of rising global temperatures.

read more