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Here is a masonry blog layout with no sidebarGuy Carpenter appoints MD of global risk solutions
Piatti will be responsible for originating and driving opportunities to better serve our clients in the customized reinsurance space across Europe and MENA, including structured reinsurance treaties and capital management/solvency-related transactions. As clients look to further optimize their reinsurance programs, Guy Carpenter is continuing to enhance its ability to create such customized products
Study finds heart inflammations in recently recovered Covid-19 patients
Active job seekers confident about career progression as economy reboots:Linkedin Survey
Prudential partners PAI Health to measure physical activity on digital health app,Pulse
PAI Health services will be available to Pulse users across 11 markets in Asia.
Nic Nicandrou, chief executive of Prudential Corporation Asia, said, “It has never been a more important time than now to help people build health resilience and boost immunity by adopting a more active lifestyle. Through Pulse, we are committed to providing leading technology, content and services to help people live healthier lives. We are excited to add PAI Health’s programme to our platform and provide new actionable heart health insights to users, so we can help them live healthy and well, for longer.”
Global airlines less hopeful on COVID-19 recovery
“The second half of this year will see a slower recovery than we’d hoped,” IATA Chief Economist Brian Pearce said. June passenger numbers were down 86.5% year-on-year, the organisation said, after a 91% contraction in May.
Recovery prospects are weakened by the spread of COVID-19 in the United States and developing countries together representing 40% of global air travel, IATA said.
WHO says COVID-19 pandemic is ‘one big wave’, not seasonal
Floods,coronavirus hobble two of India’s poorest states
The floods in Assam, where at least nine one-horned rhinos have drowned in an inundated national park, have so far affected 5.7 million people, more than 45,000 of whom are still sheltered in makeshift relief centres.
In Bihar, floods have stranded more than 2.4 million people, with around 12,800 staying in government shelters, complicating efforts by officials to enforce social distancing measures to halt the spread of the novel coronavirus in the state.
India’s COVID-19 tally crosses 14-lakh mark with record single-day spike of 49,931 cases
Toyko,Sydney aim to lure edgy Hong Kong financial firms, but Singapore a top draw
Institutions have not made any major moves from Hong Kong as yet, but they are being circumspect even about discussing contingency plans as the topic is sensitive and many hope to expand in mainland China.
Busan in South Korea is offering tax breaks and rent free offices to financial firms, while Taiwan’s top regulator told Reuters he hoped the island’s rule of law and democratic values would attract business.
The political upheaval in Hong Kong has created an opportunity for Australia and Sydney to become a stronger regional financial centre,” Senator Andrew Bragg wrote to Australia’s Treasurer this month, proposing policy changes.
“Tokyo will, frankly, struggle to steal significant market share from, let alone replace, Hong Kong,” said Steven Tran, a partner at law firm Mayer Brown in Hong Kong, who was previously based in Tokyo for four years.
Second wave of coronavirus in Asia prompts fresh lockdowns
“Traditional products will become simpler and standardized,the demand will be more for innovative products to cover emerging risks”
SN Rajeswari,General Manager, New India Assurance, has recently been selected to become the CMD of Delhi based Oriental Insurance Company.. In an exclusive interview with Asia Insurnace Post, she said technology will continue to disrupt the Industry.Customers have evolved significantly and rely on technology for information and feedback.
Therefore traditional marketing and communication strategies are not going to help customer retention,without the support of technology. Web aggregators supported by digital have emerged as a distribution channel in the insurance value chain. Technology supported by human interface will take forward customer service and retention to a long way,she said.
Edited Excerpts”
Government launches ‘Mausam’ app for weather forecasts
It will provide current weather information, including temperature, humidity, wind speed and direction, for 200 cities. The information will be updated eight times a day.
The app will provide weather forecast for the next seven days for around 450 cities in India. Weather information of the past 24 hours will also be available on the app.
Increase in AI intensity by 1 unit can lead to 2.5% increase in GDP: ICRIER
“The results find a positive and significant relation between AI using firms and TFP (total factor productivity) growth. The estimates suggest that a unit increase in AI intensity, measured as the ratio of AI investments to total sales, can result in a 2.5 percent increase in India’s GDP in the immediate term,” it said.
Majority consider health insurance cover as a necessity in post-COVID era,says survey
“COVID-19 has brought a paradigm shift in people’s mindset. Coronavirus has led to an increased awareness amongst people about the importance and benefits of health insurance during a pandemic situation like COVID-19. There has been a remarkable shift in the mindset of people before and after COVID-19, as earlier only 10 percent people were interested in purchasing,” as per the survey done by the private sector health insurer.