Together with local councils, the government will offer to buy as...
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Canadian pension fund CDPQ puts brakes on China investment – FT
The Financial Times in February reported that Singapore's sovereign...
June 1 Renewals: Property-catastrophe pricing up 33%, says Howden Tiger
P&C reinsurance prices up an average 33% at 1 June (highest...
Malaysia Expected to Give Foreign Insurers More Time to Cut Local Stakes
The central bank has been urging overseas insurers to reduce their holdings in Malaysian units to no more than 70 percent as it more strictly enforces ownership limits. The regulator earlier gave these firms until June 30 to cut their stakes, people familiar with the matter said last year
Lloyd’s CEO Inga Beale to leave in 2019
Inga joined Lloyd’s in January 2014. Since then, her commitment to transformation across the market, and within the Corporation, has led to significant cultural change and the adoption of new technology that has accelerated the market’s modernisation and digitalisation.
Chubb enhances Cyber incident response capabilities globally
“The combination of Chubb’s new incident reporting capabilities and the partnership with Spill allows us to provide expert assistance even faster than before to customers affected by a cyber breach, meaning we can process claims quicker and help limit any further problems”
Tokio Marine scouts for Asia, U.S. deals with $9 billion war chest
“We are always considering strategic options in countries like India, Indonesia, Thailand, Malaysia and the Philippines,” Tsuyoshi Nagano, Chief Executive,Tokio Marine Holdings Inc said adding the insurer was now looking to double Asia’s contribution to its overseas profits.
Protecting the Planet from Asteroids, Comets
NASA’s planetary defense officer, Lindley Johnson, said scientists have found 95 percent of all these near-Earth objects measuring one kilometer (two-thirds of a mile) or bigger. But the hunt is still on for the remaining 5 percent and smaller rocks that could still inflict big damage
Brexit Bill Becomes Law, Allowing UK To Leave The EU
The bill transfers decades of European law onto British statute books in a bid to avoid any legal disruption.
Asia accounts for 50% of global populace but only constitutes 30% of world GDP
Nicolas Stern, Former Chief Economist, World Bank explained that, sustainable infrastructure is crucial and lies at the core of inclusive growth, the sustainable development goals and climate change
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AIIB to invest $200 mn into NIIF Fund of Funds for Infra Projects in India
“Today the AIIB board is approving a project… They are investing $100 now and $100 million in the time to come. The $200-million will flow into the NIIF (National Investment & Infrastructure Fund) that we have set up,” SC Garg,Economic affairs secretary told reporters on the eve of the AIIB’s two-day annual summit being held in Mumbai
Surgery, not pharma, is biggest healthcare cost worry in US: Gawande
The choice of Gawande, announced on Wednesday, to lead the new venture reflects plans to focus on the entire healthcare system, rather than just looking to curb prescription drug costs, as some investors had first thought.
Toyota’s $1B Investment in Ride-Hailer Grab Opens Door to Data-Driven Insurance
The Japanese automaker said it aims to install its TransLog driving recorder devices into Grab’s fleet of lease cars to access the data on driving patterns that will be crucial to its push into the nascent mobility-as-a-service industry