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Here is a masonry blog layout with no sidebarAIG shareholders set to vote on pay package for new CEO
The company’s pay arrangements include $24.2 million for former CEO Peter Hancock, who stepped down last year under pressure, with a $5 million cash award “for his service through the transition” to Duperreault, according to the company’s annual proxy filing to the U.S. Securities and Exchange Commission in March.
Prudential and PIC reach sixth longevity reinsurance agreement amid surging demand for pension de-risking
This agreement signals strong demand for longevity reinsurance in the U.K., especially as a result of the growing desire among companies to de-risk their pensions. This desire has become more achievable due to the improved funding levels of U.K. schemes, many of which have spent several years progressively de-risking their liabilities.
Quake hits Afghanistan-Tajikistan border; tremors felt in North India
SBI General’s net profit at Rs 396 cr, up 160 % in 2017-18
Khuntia to take charge as new IRDA chairman on Monday
Insurance companies to refund excess premium under NHPM
“We have proposed that the insurance companies will have to mandatorily refund the excess premium if the claim ratio turns out to be less than 85 percent under this project. This will ensure that insurance agencies do not have windfall gain from the ambitious scheme which aims at supporting the poorest 40 percent of the population for expenditure on health treatment,” said Bhushan .
Swiss Re CFO says SoftBank talks still on but no clear sign of deal
Allianz’s climate protection package to catalyse a low-carbon economy
In Property and Casualty insurance, with immediate effect, Allianz will no longer provide insurance to single coal-fired power plants or coal mines, that are operational or planned. Companies that generate electricity from multiple sources, such as coal, other fossil fuels or renewable energies, will continue to be insured, and individually reviewed on the basis of defined ESG criteria.
Government issues fresh thunderstorm, squall warning for 4 states
Cabinet approves continuation of PMSSY beyond 12th Five Year Plan to 2019-20
Cabinet nod to amend a law for faster disposal of commercial disputes
According to the bill which is pending in Parliament, the specified value of a commercial dispute will be brought down to Rs 3 lakh from the present Rs 1 crore.
The proposed ordinance will replace the pending bill. It would bring down the time taken from the present 1,445 days in the resolution of commercial disputes of lesser value.
Nearly 100 killed in dust storm in UP, Rajasthan
Aadhaar doesn’t pose any privacy issue: Bill Gates
Govt has made ‘serious’ efforts to curb air pollution: Environment Ministry after WHO report
Indian aviation sector will see Rs 1 lakh cr investment in 5 years: Jayant Sinha
Chola MS records PBT of Rs. 347 crores, up 16.7 % in 2017-18
More than 90 per cent people in the world breathing polluted air
WHO’s study, which examined health-hazardous levels of both outdoor and household air pollution, found that “around seven million people die every year from exposure to fine particles in polluted air.More than 90 percent of deaths linked to air pollution occur in low- or middle-income countries, mainly in Asia and Africa, it found.
Subhas Khuntia, a retired top bureacrat,appointed as new IRDAI chairman
Ministry of finance sources pointed out while selecting Khuntia, the government has kept in mind its priorities for the insurance sector.With Khuntia’s appointment, government after gap of five years, when Vijayan was the chairman of IRDAI between 2013-18-has once again picked up a bureaucrats over the insurers.