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Here is a masonry blog layout with no sidebarIndia to witness an addition of 11.5 lakh jobs H1 FY’20: Teamlease Employment Report
‘Net New Job Creation’, is also a pivotal parameter in the TeamLease ‘Employment Outlook Report’. Findings of the report have indicated an overall creation of 11,44, 286 jobs. Majority of these roles will be across Mumbai[1,67,585], Delhi[1,59, 051] and Bangalore[1,50,120], with sectors like Retail[1,66,000], Logistics [1,49,000] and Educational Services [1,17,000] creating maximum opportunities. 17% of these new jobs created will be focused towards hiring fresh graduates.
PSU gen insurers lose motor business to pvt players, health segment market share grows 5 % in 2018-19
Brexit boom lifts Luxembourg insurance sector
SCOR to implement an alternative natural catastrophe reinsurance scheme in France
Paris: SCOR notes the decision of the General Court of the European Union, which confirms the decision of September 26, 2016, by the European Commission concerning the guarantee granted by the French State to the CCR regarding natural catastrophe...
Hannover Re’s Apr 1 treaty renewals increased by 6.6 %
The reinsurer’s gross premium showed a significant growth by rising by 19.2 per cent at 31 March 2019 to EUR 6.4 billion (EUR 5.3 billion). Adjusted for exchange rate effects, growth would have reached 16.1%. The retention decreased to 90.4% (91.3%). Net premium earned climbed by 15.3% to EUR 4.6 billion (EUR 4.0 billion). At constant exchange rates growth of 12.7% would have been booked.
More than $1.1 billion raised through ILS in Q1 , market slows further
Another innovation was the first-ever issue of a £75 million bond dedicated to terrorism reinsurance. Weighted average last-12-month risk premium for non-US wind-exposed bonds jumped 2.2 points to 6.5% in Q1 2019, while for US wind-exposed instruments it rose 0.3 points to 6.1%. Seasonality has contributed to market heaviness, whilst loss-affected bonds continued to be marked lower.
IRDAI asks insurers to expedite “Cyclone Fani’ claims
J&J agrees to pay about $1 billion to resolve hip implant lawsuits: Report
Boeing did not disclose 737 MAX alert issue for more than a year, says FAA
Forgers are forcing $9-trillion global trade financing into digital age
Volkswagen gets relief as SC stays Rs 500-cr penalty imposed by NGT
Cyclone Fani: PM grants Rs 1,000 cr more for relief work; hails CM Patnaik
“I would like to praise the people of Odisha. Shifting 12 lakh people is not easy. Lives have been saved, that’s more important for me. The central government will also give Rs 2 lakhs to the kin of those who have lost their lives due to Cyclone Fani. Also, Rs 50,000 will be given to those who have got injured,” Modi said.
ITRs fell in 2018-19 due to inclusion of past AY’s return filings: I-T dept
While the tax department’s e-filing website showed returns filed in 2018-19 fell to 6.68 crore from 6.74 crore in the previous fiscal, the Central Board of Direct Taxes (CBDT) in a statement clarified that the returns filed included those of previous assessment years, excluding which returns filed in 2018-19 showed an almost 19 per cent rise.
India’s e-car plan has just one potentially flaw
India is home to over 2 million electric two-wheelers and rickshaws — more than the number of electric cars in China. Sales of such smaller electric vehicles continue to rise. But in the absence of charging infrastructure, many of their drivers have been illegally siphoning power. Only 10 per cent of the latest subsidy program is allocated for charging stations.