Category:

Health

Latest

20 APAC re/insurers record a higher premium of $821.4bn in 2020, COVID induces demand for life & health products, GlobalData

Aug 31, 2021 | , , , , , ,

Seven players reported more than 5% rise in premiums earned. In addition, the top companies maintained financial robustness through flexible hedging of assets under management.The most notable performers in the region were Japan-based insurer Dai-ichi Life, China-based New China Life Insurance and China Reinsurance; and Taiwan-based Cathay Financial.Dai-ichi Life outperformed the top players, with its revenue growth surpassing 20%, as the weaker Yen allowed the company’s returns from its investments soar significantly over the previous year.

China Reinsurance reported 19.2% increase in y-o-y revenue owing to swift growth in savings- and protection-type life, domestic P&C reinsurance, and health reinsurance business, which led to 16.2% growth in premium income; and obtaining surplus investment returns by surpassing the market benchmarks.

UN hails end of poisonous leaded gas use in cars worldwide

Aug 31, 2021 | , , ,

Petroleum containing tetraethyllead, a form of lead, was first sold almost 100 years ago to increase engine performance. It was widely used for decades until researchers discovered that it could cause heart disease, strokes and brain damage.

UNEP said studies showed leaded gas caused measurable intellectual impairment in children and millions of premature deaths.

“The cost of environmental degradation is real,” said UNEP’s executive director, Inger Andersen, citing what she described as a “very, very ballpark number” of USD2.45 trillion in damage to the global economy prevented by the ban.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.