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Ping An seeks to sell $1 billion software-focused PE assets
Private market managers allocated hundreds of billions of dollars...
Hedge Fund money is reshaping a 180-year-old reinsurance model
Reinsurers covered just over 10% of total insured catastrophe...
Buffett’s Berkshire posts record profit on insurance, investments
Warren Buffett, chairman, Berkshire Hathaway "You really saw the power of Berkshire's insurance operations and investments,"Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster Warren Buffett's Berkshire Hathaway on Saturday posted its third straight...
Former RBI governor Shaktikanta Das appointed as Principal Secy-2 to PM Modi
Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi `Das will the Principal Secretary-2 to PM-with effect from the date of he assumes office. His office will be co-terminus with the term of PM,’’ said the ACC order. New Delhi: The government...
Amfi launches 3 initiatives to boost MF accessibility, financial literacy, investment recovery
Venkat Chalasani, Chief Executive, Amfi The MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) platform addresses a long-standing challenge by enabling investors and their legal heirs to identify and recover inactive or forgotten MF holdings, ensuring...
Mizoram to introduce new health scheme with Rs 5 lakh coverage: CM
Lalduhoma,chief minister,Mizoram According to Lalduhoma, registration for the healthcare scheme will be opened initially for three months after which it will be closed for one month.He said that the government decided not to open registration throughout the year as...
Addressing mental health needs, reducing stigma key for adolescent wellbeing: Experts
“Addressing mental health needs and reducing stigma related to mental health is important among adolescents. India is home to more than 250 million adolescents and for the better health of the nation it is imperative that we take all steps necessary to improve the...
Climate Goals Still Make Business Sense, Rio Tinto CEO Says
Jakob Stausholm,Chief Executive Officer, Rio Tinto Group His comments come as firms from Walmart Inc. to the Coca-Cola Co. defer or abandon climate and environmental ambitions, arguing policy settings and slow advances in technology are making planned emissions cuts...
Insurers look to hike health premiums for Delhi as pollution stings
In India, insurers can vary health insurance premiums by city based on factors ranging from hospitalization costs to demographics.Getting the regulatory nod to include air pollution as a factor would depend on insurers submitting proof to back the assertion that toxic...
With REL ownership, Burmans have now stakes in all 3 segments of Indian insurance industry
Burman Group, through its Dabur Invest Corporation, has already stakes in Aviva Life Insurance Company India Limited and Universal Sampo General Insurance New Delhi: After the Burman Group has taken control of Religare Enterprises Limited (REL), the holding company of...
Delhi’s new govt approves implementation of Ayushman Bharat Yojana
Rekha Gupta,Chief Minister, Delhi At her first presser, Gupta said the previous AAP government did not allow the Ayusman Bharat scheme in the city, preventing the people from availing its benefits. NEW DELHI: The BJP formed its government in Delhi on Thursday after...
Some tankers in Mediterranean Sea visiting Russian ports hit by mystery explosions
“All the indications are that these have been deliberately orchestrated, but it’s with a significant degree of sophistication,” said Munro Anderson, head of operations at Vessel Protect, a major war-risk insurer of ships. “So, the big question that leads to is: ‘by...