The new norms encompass qualification standards, fee structures,...
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Lloyd’s CEO John Neal to join Aon as global Reinsurance CEO and chairman of climate solutions
John Neal Neal, after six years in Lloyd's as a CEO, will play an...
Wildfires rage in Los Angeles, forcing tens of thousands to flee
Numerous buildings were destroyed and nearly 3,000 acres (1,200...
UN climate report: It’s ‘now or never’ to limit global warming to 1.5 degrees new flagship
Unless action is taken soon, some major cities will be under water, António Guterres. UN Secretary-General, said in a video message, which also forecast “unprecedented heatwaves, terrifying storms, widespread water shortages and the extinction of a million species of...
Climate change could cost U.S. budget $2 trln a year by end century: White House
"Climate change threatens communities and sectors across the country, including through floods, drought, extreme heat, wildfires, and hurricanes (affecting) the U.S. economy and the lives of everyday Americans," Candace Vahlsing, an OMB climate and science official,...
Global insurers plan to ramp up private equity investments
More than 40% of insurers plan to increase their investments in private equity in the next 12 months to boost returns, according to the survey of 328 executives overseeing more than $13 trillion in insurance assets Insurers want to put more money into private equity...
WHO says 99% of world’s population breathes poor-quality air
Air quality is poorest in WHO's Eastern Mediterranean and Southeast Asia regions, followed by Africa, it said. Particulate matter, especially PM2.5, is capable of penetrating deep into the lungs and entering the bloodstream, causing cardiovascular, cerebrovascular...
Sharp fall in marriages heightens China’s concerns over declining birth rate
Early this year National Bureau of Statistics (NBS) said China's population grew by less than half a million last year to 1.4126 billion as the birth rate fell for the fifth consecutive year, stoking fears of a looming demographic crisis and its adverse impact on the...
Chhattisgarh tops states with lowest unemployment rate in country: Govt
The state government has set up the 'Chhattisgarh Employment Mission' intending to create around 15 lakh new employment opportunities in the next five years New Delhi: Chhattisgarh has been ranked first among states with the lowest unemployment rate in the country, an...
Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit
Reflecting bullish investor sentiments, the 30-share key index Sensex skyrocketed 1,472.33 points or a whopping 2.46 per cent to 60,736.08 points at around 10.30 am, driven by HDFC twins Mumbai: Investors turned wealthier by more than Rs 3 lakh crore in the first hour...
Brazil and Indonesia lead the world in crypto adoption: Study
Brazil and Indonesia lead the world in crypto adoption, Gemini found, with 41% of people surveyed in those countries reporting crypto ownership, compared with 20% in the United States and 18% in the United Kingdom Gemini found that 79% of people who reported owning...
Unemployment rate decreasing in India: CMIE
According to the data, Haryana recorded the highest unemployment rate in March at 26.7 per cent, followed by Rajasthan and Jammu and Kashmir at 25 per cent each, Bihar at 14.4 per cent, Tripura at 14.1 per cent and West Bengal at 5.6 per cent Unemployment rate in the...
Demographic dividend may turn into liability sans enough jobs, skilled workforce: Report
The report points out that India will add another 183 million people to the working age group of 15-64 years between 2020-50 as per the UN Population Statistics database New Delhi; As the country is expected to add another 183 million people to the working age group...