Welcome to My Blog
Here is a masonry blog layout with no sidebarRatan Tata to invest in Tork Motors
MS Amlin exits aviation insurance market
As a result of the strategic review, on Oct. 1, MS Amlin announced it was exiting nine classes of business and operations (including aviation), which no longer form part of its future strategic direction. The business classes were: P&C UK Insurance (Corporate Property, Real Estate, Casualty, Package Binders, Fleet) and Aviation, while operations were Bloodstock in P&C International; UK Yacht (previously Haven); AUA Insolvency Risk Services.
Daimler Recalls Thousands of Mercedes-Benz Vehicles over Diesel Emissions
UPL ordered to pay $31 mn to US-based AgroFresh in patent infringement case
India recognises the need for environmentally sustainable development strategy: IMF
“India has introduced a very interesting new instrument, which is a clean environment cess. It’s an excise tax, but it is an excise tax that targets coal production and import. There is a very interesting instrument and it’s one which is very appropriate for India, because India can make a tremendous amount of progress by targeting reductions in energy production using coal,” the top IMF official said.
India’s growth rate to fall to 6%, will recover to 7.2% in 2022: World Bank
“Growth is expected to gradually recover to 6.9 per cent in 2020-21 and 7.2 per cent in 2021-22 as the cycle bottoms-out, rural demand benefits from effects of income support schemes, investment responds to tax incentives and credit growth resumes. However, exports growth is expected to remain modest, as trade wars and slow global growth depresses external demand,” the report said.
FPIs pull out over Rs 6,200 cr in Oct so far as global recession fears loom
New Delhi: Foreign portfolio investors withdrew over Rs 6,200 crore from Indian capital markets in the first two weeks of October, as global recession fears and trade war concerns weighed on sentiments. Foreign investors pulled out a net amount of Rs 4,955.2...
IRDAI forms panel to review existing reinsurance norms
Boeing partners with Porsche on electric flying car
Typhoon Hagibis: Biggest Japan storm in decades makes landfall
Weight gain before age 40 linked to multiple cancers: Study
The results of the research, published in the International Journal of Epidemiology, revealed that people who are overweight before the age of 40 had 70 per cent increased risk of developing endometrial cancer, 58 per cent greater risk for renal-cell cancer, and 29 per cent more risk for colon cancer.
Why strong monsoon rains are not necessarily good news for Indian farmers
Cracks found on 5% of older Boeing 737 planes in inspections
India’s passenger vehicle sales plunge 24% in September
Kenyan farmers snap crops with phones to improve insurance payouts
London market premium rises to £28.4 bn
Dave Matcham, chief executive of the IUA added: “The data returns for this year’s report cover a period before the implementation of most Brexit contingency plans. Such is the diversity of London Market business models, however, it is already certain that Brexit will impact different firms in quite different ways. London is at the heart of an intricate web of cross-border business which is set to become even more complex.”
General Insurance premiums grow 17 % to Rs 96,000 cr in H12019-20
“We have got a very clear plan in place grow our business. Due to certain practices of certain players, it is now difficult to compete in motor insurance business. That’s why, we are concentrating on other segments like marine, hull, aviation, property and engineering which constitute now more than 50 per cent of our portfolios,’’ said Atul Sahai, CMD, NIA.