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Indian
HDFC Life posts Rs 686 crore net income in September quarter
Vibha Padalkar,Managing Director and Chief Executive Officer of...
Punjab announces to restore old pension scheme for state govt employees
"We have taken an in-principle decision to this effect in a cabinet...
Cyclone likely to reach WB-Bangladesh coasts by Oct 25, skirt Odisha: IMD
IMD Director General Mrutunjay Mohapatra said the IMD has not so...
Competition Comm slaps Rs 1,337.76 crore on Google
Besides, the fair trade regulator has directed the internet major...
International
Dislodged ship held in Suez Canal as talks continue over $916 million claim
Aon’s EU concessions for $30 billion Willis bid may not be enough:
Last Friday, the London-headquartered company submitted concessions to the European Union’s competition watchdog, which did not disclose details in line with its policy. The watchdog often requires acquiring companies to make concessions that will strengthen rivals before giving its go-ahead.
Aon has proposed selling Willis Re, its biggest concession, and Willis’ German retirement benefits and consulting business. It has also offered to sell Willis’ insurance broking activities in France, including French unit Gras Savoye, as well as in Germany, Spain and the Netherlands, one of the people said.
Life insurance industry in Malaysia to reach $15.7bn in 2025: GlobalData
Amrita Sheela, Insurance Analyst at GlobalData, comments: “Malaysian life insurance industry is driven by retail consumer segment, which accounted for over 90% of total premiums in 2020Indonesia. The economic slowdown and uncertainty triggered by the COVID-19 pandemic restricted consumer spending and impacted life insurance business. As a result, life insurance industry grew by 4% in 2020 against 9% growth registered in 2019.”
New global compact aims to drive down diabetes deaths, boost insulin access
“The number of people with diabetes has quadrupled in the last 40 years. It is the only major noncommunicable disease for which the risk of dying early is going up, rather than down. And a high proportion of people who are severely ill in hospital with COVID-19 have diabetes.”
More than 420 million people worldwide live with diabetes, a group of chronic diseases characterized by elevated blood sugar, which can cause damage to the heart, blood vessels, eyes, kidneys and nerves.
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