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Here is a masonry blog layout with no sidebarJan 1 renewals: majority of placements were orderly,Guy Carpenter
Capacity was ample for many lines but more constrained for retrocession and some components of property, including loss-impacted lower catastrophe layers and aggregates.Capacity for cyber aggregates was also limited Emerging risk factors, including climate change,...
Investors want $2.5 bln in class action over Bayer’s Monsanto deal
The law firm said that as of Dec. 30, the sum covered lawsuits from about 320 investors, both institutional and retail, that had been filed with the district court in Cologne. This represents a significant jump from the 250-plus investors demanding damages of more...
Apple becomes first company to hit $3 trillion market value
The world's most valuable company is the first to reach the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. Apple's march from $2 trillion to $3 trillion in market...
RBI releases framework for offline digital payments
The acquirer should incur all liabilities arising out of technical or transaction security issues at the merchant's end. The RBI emphasised that offline payments will be covered under the provisions of its limited customer liability circulars Mumbai: To push digital...
Census unlikely anytime soon as fear of 3rd wave of Covid looms large
The total number of districts in the country in 2011, when the last census was conducted, was around 640. India now has about 100 more districts The number of statutory towns stands at 4,657 -- up from 4,041 in 2011 and the number of census towns is 5,050 -- up from...
Covid-19: Centre allows WFH for 50% of its staff below under secretary-level
Central government officers/staff will have to follow staggered timing to avoid overcrowding in the offices, the order said New Delhi: The Centre has allowed 50 per cent of its employees below the level of Under Secretary to work from home amid rising coronavirus...
IRDA proposes pay cut for insurance CEOs in case company underperforms financially, mulls tenure limit at15 yrs and age limit at 70 yrs
The variable remuneration should be reduced where there is deterioration in the financial performance of the insurer. The deterioration in the financial performance should generally lead to a contraction in the total amount of variable remuneration, which can even be...
Insurers have to pay claims for treatment of Covid -19 cases with Omicron variant :IRDAI
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
Study examines best time to make your investment decisions
"What we found was when individuals evaluated an investment opportunity at a time that conflicted with their body's natural internal clock -- for example, a morning person or lark making a decision late in the day or evening -- they tended to make poor choices," said...
India reports 33,750 new COVID-19 cases in last 24 hrs, Omicron tally rises to 1,700
India reported 33,750 new COVID-19 cases and 123 deaths in the last 24 hours, informed the Ministry of Health and Family Welfare on Monday. According to the ministry, the number of Omicron infections stands at 1,700 and it has spread to 23 states. Maharashtra is the...
India’s December jobless rate hits 4-month high of 7.9%: CMIE
Urban unemployment rate rose to 9.3% in December from 8.2% in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed Many economists worry that the Omicron variant could reverse the economic recovery seen in the previous quarter...
Global Covid-19 caseload tops 290 mn, deaths surge to over 5.44 mn
In its latest update on Monday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 290,065,951 and 5,443,444, respectively, while the total number of vaccine doses...
Billionaires are embracing crypto in case money ‘goes to hell’
These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2 per cent to 3 per cent of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.” Even as prices swung...
EU drafts plan to label gas and nuclear investments as “green”
"Taking account of scientific advice and current technological progress as well as varying transition challenges across member states, the Commission considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly...
Omicron-related disruptions cause over 3,600 flight cancellations to start off 2022
The Christmas and New Year holidays are typically a peak time for air travel, but the rapid spread of the highly transmissible Omicron variant has led to a sharp increase in COVID-19 infections, forcing airlines to cancel flights as pilots and crew quarantine More...
Omicron tally in India rises to 1,525; maximum cases in Maharashtra
Maharashtra recorded a maximum of 460 cases, followed by Delhi at 351, Gujarat 136, Tamil Nadu 117 and Kerala 109 New Delhi: A total of 1,525 cases of Omicron variant of coronavirus have been detected across 23 states and Union Territories so far, out of which 560...
UK government seeks to mitigate workforce disruption from Omicron
New restrictions in England to slow the spread of COVID-19 will only be introduced as a last resort, health minister Sajid Javid said, stressing that although hospitalisations were rising, the number of patients in intensive care was stable The rapid spread of the...
Maruti, Hyundai report decline in sales for Dec; TaMo, M&M see growth
Maruti Suzki India senior executive director (Marketing and Sales) Shashank Srivastava said the company is optimistic about business in 2022 with pending orders alone stretching to over 2.3 lakh units "Going forward, semiconductor supplies will remain the key source...