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Indian
ESG markets investors wake up to a new risk of financing arrangements across Adani Group conglomerate
Norway’s largest pension fund, KLP, recently dumped its entire...
IRDAI convenes 2-day industry CEOs meet on March 1-2 in Hyderabad
IRDA chairman Debasish Panda will address CEOs of general insurance...
Patient safety is an imperative dimension in ensuring quality healthcare: MoS Bharati Pawar
Bharati Pravin Pawar,Minister of State for Health and Family...
No age bar for cadaver registrations under ‘One nation one Policy’
"The changes in the guidelines will help patients in seeking...
International
Olympics-Japan considers ban on all Olympic spectators, weighs extending curbs
Saudis may work longer, pay more to Kingdom’s pension fund: Report
The government — faced with an estimated actuarial gap of 800 billion riyals ($213 billion) at the state-controlled pension fund — is weighing proposals to increase the retirement age, according to three people familiar with the matter, who asked not to be identified to discuss confidential deliberations. It could also require workers to contribute more of their salaries to the General Organization for Social Insurance, or GOSI, which manages both public and private sector pensions, the people said.
Global financial regulators attempt to align rules on climate risks
The Financial Stability Board (FSB), which coordinates financial rules for the G20 group of nations, said its “roadmap” seeks to coordinate approaches to disclosures by companies and plug gaps in the data needed to spot financial stability “vulnerabilities” and develop tools to address them.
The roadmap attempts to align rules still in the planning stage between now and 2023 to avoid more divergences between various measures for the same activity.
Swiss Re’s Nina Arquint receives `The 2021 Geneva Association Women in Insurance Award”
Jad Ariss, Managing Director of The Geneva Association, said: “I congratulate Nina Arquint on winning this award, which recognises her leadership role in reducing the underwriting of coal, the most polluting and carbon-intensive fuel, and her great dedication to tackling environmental risks. Ms Arquint and her team have made demonstrable contributions to reducing the financial viability of coal and contributing to accelerating its phase-out globally. This work is in alignment with The Geneva Association’s mission to promote the use of insurance to create a better, more resilient, and more sustainable world.”
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