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Here is a masonry blog layout with no sidebar“Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding”
“Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding. Many players who would want to use digital technologies to disrupt the industry may want to get in. Having said that, the sector is also getting quite crowded and already there is severe competition in the sector.
HDFC gets Irdai nod to acquire majority stake in Apollo Munich Health Insurance
The merged insurance entity will have a combined market share of 6.4 per cent of non-life insurance industry, with 308 branches across the country. This also makes the combined entity the second-largest private insurer in the accident and health segment, with a market share of 8.2 per cent, the company had said.
Allianz buys U.K.’s LV General Insurance Group and Legal & General’s non-life unit
Mandatory standard health policy to have lifelong renewability:IRDA
Airbnb insurance leader Langone becomes President for 2020
Financial services industry must act faster on climate change: Bank of England Chief
Climate Forecast for 2020s is warmer, stormier and more extreme
Over the last decade, climate researchers have been filling in gaps in their data on past temperatures, and improved models that are calibrated against the past to predict the future. That’s led to better predictions for weather as well, thanks to more complete data, better science, and more computer power.
Govt unveils Rs 102 lakh crore infrastructure projects for next 5 years
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infrastructure sector. Addressing a press...
IRDA slaps Rs 2.18 cr of fine against Hero lnsurance Broking lndia for violating MISP norms
lt was observed that even though HIBIL has empanelled nine general insures and one standalone health insurers, no justification was given by HIBIL to restricl the number of insurers to 10 and not allow other general insurers to sell motor insurance policies through HIBL’s sponsored MISPs thereby leading to violation of MISP guidelines.
China’s gene-editing scientist jailed for three years in modified baby case
China’s big bang opening of its $45 trillion financial industry, foreign life insurers can set up 100%-owned units
To kick off the new year, foreign insurers can apply to set up 100%-owned units offering life insurance, a segment that accounts for three-quarters of the Chinese insurance market. Joint ventures — of which ICBC-AXA Assurance Co. is the biggest — brought in 8% of the sector’s total premiums last year, but have not been growing as fast as domestic competitors, according to Fitch Ratings.
India’s forest cover up 5,188 sq km in 2 years, Northeast bucks the trend
Delhi set to record coldest day in 119 years today: IMD
Slowdown hits sales of cars, biscuits in 2019, but not smartphones
Interestingly, there has been a significant rise in the average selling prices (ASP) of smartphones this year – rising from Rs 5,000-10,000 to Rs 10,000-15,000 now.
As per International Data Corporation (IDC), while more than 80 per cent of the market is sub-$200, the $300-500 category has witnessed multi-fold growth with flagship devices of players like Xiaomi, Oppo and OnePlus.