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Here is a masonry blog layout with no sidebarBanks see whopping 73% spike in frauds at Rs 71,543 crore in FY19
Govt all set to ban e-cigarettes and e-hookahs
Indian drug regulator, the Central Drugs Standard Control Organisation (CDSCO), under the health ministry has proposed that manufacture, sale and distribution of ENDS, including e-cigarettes and similar products, should be prohibited under Section 26A of the Drugs and Cosmetics Act, 1940, while their import should be outlawed under Section 10A of the legislation
Alamelu joins IRDAI as member, non-life, IRDAI
Global #MeToo movement provides lots of work for London’s top lawyers
Horacio Bernardes Neto, president of the International Bar Association that represents attorneys, said in May that law firms hired to advise corporations on how to handle harassment allegations needed to get their own hiring and workplace behavior in order because of the risk being called out for hypocrisy, after a global survey found one in three female attorneys has been sexually harassed at work.
Britain’s green finance strategy could mandate corporate Climate Risk disclosure
Vatican defends secrecy of Catholic Confessions amid priest sex scandals
Cardinal Piacenza noted that Francis himself earlier this year called confessional secrecy indispensable, and quoted the pontiff as saying “no human power has jurisdiction” over that secrecy. Piacenza said the tribunal felt it “urgent to recall in the first place the absolute inviolability of the sacramental secrecy, which is based on divine right and admits no exception.”
Heat stress at work linked to climate change could cost $2.4 trillion every year:ILO
India could face productivity loss equivalent to 34 million jobs in 2030 due to global warming: UN
Reinsurers more discerning at mid-year renewals: Willis Re
Almost all buyers were able to secure the capacity they desired at June 1 and July 1, but differentiation between cedants by reinsurers has increased, particularly based on the accuracy of their previous catastrophe loss estimates. Superior pricing and capacity were available to clients seen as preferred trading partners.
AIR publishes its catastrophe exposure data schema publicly
Ola Electric gets $250 mn from SoftBank
Mumbai paralaysed after incessant rain; Maharashtra toll rises to 35
DGCA issues safety directions after incidents of planes overshooting runways
First blockchain-based agricultural insurance policies for smallholder farmers in Sri Lanka
Historically, there were major barriers preventing farmers from utilising insurance, including the lack of affordable and reliable insurance products, a lack of understanding about how insurance would help a farmer survive, and when and how a claim would be paid. This new blockchain technology directly addresses those issues as the insurance products are automated
FWD buys Thai insurance unit for $3 billion, in top SE Asian sector deal
BANGKOK: FWD Group is acquiring the life insurance business of Thailand’s Siam Commercial Bank (SCB) (SCB.BK) for 92.7 billion baht ($3 billion) in Southeast Asia’s biggest insurance M&A deal, broadening a rapid Asian expansion by the Hong...
Chubb recognises climate change reality,pulls back from coal
Insurance coverage for existing coal-plant risks that exceed this threshold will be phased out by 2022, and for utilities beginning in 2022. In addition, Chubb will not make new debt or equity investments in companies that generate more than 30% of revenues from thermal coal mining or energy production from coal.