The proposed break-up floated in a 23-page document filed late...
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Emerging-risk resilience: Majority of APAC risk leaders concerned about their organisations in the next decade
Geopolitical issues, natural catastrophe events, climate transition...
Trebling of “nuclear” court verdicts challenges companies and liability insurers: Allianz
Recent years have also seen a growing list of pharma, food, and...
Fauci says boosters for all key to U.S. reaching COVID-19 endemic level
Dr. Anthony Fauci "To me, if you want to get to endemic, you have got to get the level of infection so low that it does not have an impact on society, on your life, on your economy,People will still get infected. People might still get hospitalized, but the level...
WHO and partners unite for Day of Action for Cervical Cancer Elimination
Last year, just 13 per cent of girls aged nine to 14 globally were inoculated against HPV, while some 80 countries – representing around two-thirds of the global cervical cancer burden – have yet to introduce vaccination. UN: With more than 300,000 women dying from...
Dubai eases visa rules, UAE makes labour laws more competitive
The Gulf state has recently launched a raft of economic reforms and legal reforms, including longer-term residency visas, to attract investment and foreigners to help the economy recover from the effects of the COVID-19 pandemic In the latest move to boost the United...
Ninety-Five Percent of Global Insurers Believe Climate Risk is Investment Risk:Blackrock study
BlackRock study shows insurers representing US$27trn in assets are prioritising sustainable investing, diversification to higher-yielding assets and technological transformation, as concerns about climate change intensify LONDON: Insurers are increasingly concerned...
Global wealth surges as China overtakes US as world’s richest nation
As computed by McKinsey, 68% of global net worth is stored in real estate. The balance is held in such things as infrastructure, machinery and equipment and, to a much lesser extent, so-called intangibles like intellectual property and patents.Financial assets are not...
Anchor investor talks for mega LIC IPO to start next week: Report
Banks plan to file the draft IPO prospectus with the markets regulator by the first week of December, once the embedded value of the firm is finalised, the people said. The government may also allow foreign direct investment in LIC to ensure a diversified and strong...
Health Minister suggests stickers be given to notify fully vaccinated status of families
The cumulative COVID-19 vaccine doses administered in the country have crossed 113 crores. The minister noted their contribution in ensuring that 80 percent of the population and 40 percent of the population received their first and second dose of the vaccine...
Combustion of coal has led to increase in premature mortality rate in India: Lancent Report
Data from the 2021 global Lancet Countdown report shows that there has been a nine-per cent increase in the number of deaths related to coal-derived PM2.5 in India in 2019 compared to 2015. New Delhi:The combustion of coal, mainly in power plants followed by...
Global Covid-19 Caseload Tops 253.8 Million, Deaths Over 5.10 Million
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 47,221,549 and 764,363, according to the CSSE.The second worst hit country in terms of cases is India (34,447,536 infections and 463,655 deaths), followed by Brazil...
General insurance industry in China to reach US$313 billion in 2025, forecasts GlobalData
Deblina Mitra, Senior Insurance Analyst at GlobalData, comments: “Despite being the second-largest general insurance industry globally, China’s general insurance penetration at 1.3% is way below the developed markets’ average of 4%. This is mainly because the general...