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Here is a masonry blog layout with no sidebarCarney’s climate alliance sounds alarm on “political attacks” on insurers
"These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions...
Death risk from liver disease twice as high in lower-income countries: Lancet study
''A working liver is so important for our health since the organ is connected to so many aspects of bodily function,'' said Jasmohan Bajaj, a professor at the Virginia Commonwealth University School of Medicine, US Death risk from liver disease twice as high in...
WTW unveils new financial product to protect intangible assets
An intangible asset is one that is not physical in nature but one that can hold significant value, and which can be created, transferred, bought or sold. Typical examples of intangible assets include intellectual property rights such as patents, trademarks, and...
America ages faster as baby boomers push nation’s median age to almost 39, fewer children are born
“In the short run, the crisis of work-family balance, the lack of affordable child care, stresses associated with health care, housing, and employment stability, all put a damper on birth rates by increasing uncertainty and making it harder to decide to have and raise...
GIC Re doubles its net profit to Rs 3,417 crore in Q4FY2023, declares a dividend of Rs 7 per share
Devesh Srivastava, CMD, GIC Re GIC Re’s record net profit has been possible as the third largest Asian reinsurer has a combined ratio of 89.16 per cent and an underwriting profit of Rs 889.77 crore along with a higher investment income of Rs 3,667.16 during the...
LIC shares settle nearly 2 pc higher after Q4 earnings
The surge in annual profit in FY23 was helped by a jump in the second quarter bottomline to Rs 15,952 crore. It was due to a transfer of Rs 15.03 lakh crore to shareholders' accounts at the end of September Mumbai: Shares of LIC on Thursday ended nearly 2 per cent...
Indian insurance industry to have a UPI-like moment soon: IRDAI Chief
Debasish Panda,Chairman,IRDAI ''We are working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual framework has been contemplated,'' he said, adding that this is being proposed through the Bima trinity...
Anti-tobacco warnings for OTT programmes soon, health ministry to amend rules
According to the proposed amendments to the Rules, the display of tobacco products or their use in online curated content will not be extended to the display of brands of cigarettes or other tobacco products. New Delhi: OTT platforms may soon be mandated to display...
Max Life announces Rs 1,604 cr bonus for its policyholders
Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company's 21 st consecutive annual bonus; 8% higher than the...
UN says U.S. concerns have led to insurers quitting climate alliance
Reinsurer Swiss Re on Monday joined Munich Re, Zurich Insurance, and Hannover Re in exiting the Net Zero Insurance Alliance amid growing pressure in the U.S., where some Republican politicians say these alliances could be breaking antitrust rules The United Nations...
Proposed Digital India Act will have huge section on online safety, trust: MoS IT
Rajeev Chandrasekhar, Minister of State Electronics and Information Technology of India According to him, India is soon going to have 1.3 billion people accessing the internet and these Digital Naagriks should approach the internet without any fear and mistrust,...
LIC’s net profit soars nearly 5-fold to Rs13,428 crore in Q4 FY 23
The Indian Embedded Value (IEV) of the corporation has been determined as Rs.5,82,243 crore as at March 31st ,2023 as compared to Rs. 5,41,492 crore as at March 31st,2022 and Rs. 5,44,291 crore as at September 30th,2022, showing a growth of 7.53 per cent y-o-y basis....
IRDA hosts 2-day international event on “Insurance and Retirement savings in Asia”
Some of the prominent speakers at the international conference include Debasish Panda, chiarman, IRDAI, Prof Yoshihiro Kawai, chair of the OECD Insurance and Private Pensions Committee, Pablo Antolin, head, insurance and Pensions Unit, Directorate for Financial and...
Market value of LIC investment in Adani stocks hits Rs 44,670 cr
The country's largest insurer and leading institutional investor in the Adani group has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock exchange data showed Mumbai: Market value of investments made by...