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World safest cities index: Tokyo tops list of 60, New Delhi ranks at 53
The index ranks 60 cities on five continents, examining digital, health, infrastructure and personal security factors to assess overall urban safety. The cities that led the index offer easy access to high-quality health care, dedicated cybersecurity teams, disaster continuity planning and/or community-based police patrolling.
Swiss Re and Capsicum Re launch a holistic cyber reinsurance solution
Hurricane Dorian likely to cause $25 bn of losses, UBS Says
Hurricane Dorian Likely to Cause $25 Billion of Losses, UBS SaysHurricane Dorian, the storm currently devastating the Bahamas, will cause at least $25 billion of losses for insurers, according to analysts at UBS Group AG, a figure that would make it the most...
Willis Towers Watson launches innovative risk advisory service
John Merkovsky, Head of Risk and Analytics at Willis Towers Watson, added “’Today’s risk manager and CFO have only been able to view risk financing as individual transactions, compartmentalised by line of business. Connected Risk Intelligence is a combination of advanced modeling technology and our own optimisation expertise which will revolutionise the way organisations view risk management.
Cancer now a bigger killer than heart diseases in rich nations: Study
Delhi Police issues 3,900 challans on first day of newly amended Motor Vehicles Act
LIC western zone sets 11% growth in new premium mop-up in FY20
Amit Shah assures Rs 2 lakh insurance for J&K panchayat members
Global reinsurance market to see consolidation, product & service innovation:S&P
S&P Global Ratings believes that these factors will continue to push the sector to evolve, forcing market consolidation, product and service innovation, expansion of product offerings, and reimagining of the re/insurance value chain. Indeed the market may look different, but it could be a long time before the competitive landscape changes.
ArgoGlobal Syndicate 1200 to exit Asia
Hurricane Dorian slams Bahamas, Florida,expected industry losses range between $11.3bn to $37.2bn
FPIs pulled out Rs 38,930 cr in FY19 due to weak market sentiments: Sebi
Fintech panel suggest legal framework to protect digital services consumers
PSBs consolidation building block for $5 trillion economy: Finance secy
When asked about rationale for doing all the four mergers together, Kumar said, “We wanted to do it one time, give the road map and remove the uncertainty. Now there is no uncertainty and road map is all clear. Governance reforms done. Who wants to give their power, we have given it. Even in appointments we have given it. Now it is completely professionalised.”
There will not be single job loss due to merger of banks: FM Sitharaman
The move will bring down the number of state-run banks to 12 from 19 after the merger of Dena Bank and Vijaya Bank with Bank of Baroda effective April 2019. As of April 20-17, there were 27 state-run banks in the country, right before the SBI merged with itself its five associate banks along with the Bharatiya Mahila Bank.
Foreign investors pull out Rs 5,920 cr In August despite surcharge rollback
The withdrawal from the capital markets (both equity and debt) in August is “contrary to the expectation” since the Centre last week announced revocation of enhanced super-rich tax on foreign and domestic equity investors imposed in the Budget, said Himanshu Srivastava, senior analyst manager research at Morningstar.