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Indian
Next financial crisis will come from private cryptocurrencies: RBI Governor
Shaktikanta Das,governor, Reserve Bank of India RBI governor...
Axis Bank forays into retirement biz with pension fund management, crosses Rs 100 cr in AUM
The third largest private sector lender received a commencement of...
PMFBY number one crop insurance scheme globally in terms of farmers enrollment: Tomar
The minister said 832.24 lakh farmers enrolled under the PMFBY...
Health minister reviews Covid situation, directs officials to be alert, strengthen surveillance
''In view of the rising cases of Covid19 in some countries,...
International
Chubb report reveals risk and uncertainty faced by digital SMEs
No decision on Baden-Baden Reinsurance Meeting 2021 till June 15
Baden Baden: The organisers of annual Baden-Baden...
German ‘insurtech’ Wefox raises $650 mln at valuation of $3 bln
Wefox founder and CEO Julian Teicke told Reuters the Series C round had drawn strong investor demand because Wefox was growing both rapidly and more profitably than rival online insurers that are losing money.
He put that down to Wefox’s strategy of offering digital tools that enable insurance agents to streamline and automate labor intensive processes. Agents sell nine out of every 10 policies in Europe, leaving direct-to-consumer competitors like Lemonade fighting for a smaller piece of the market.
China, in major policy shift, announces families can have three children
“To further optimise the birth policy, (China) will implement a one-married-couple-can-have-three-children policy,” Xinhua said in a report on the meeting.
In 2016, China scrapped its decades-old one-child policy – initially imposed to halt a population explosion – with a two-child limit, which failed to result in a sustained surge in births as the high cost of raising children in Chinese cities deterred many couples from starting families. read more
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