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Indian
LIC’s move to sell Reliance Capital’s debt to ARC upsets lenders, bidders
LIC's timing and pricing of selling its Rs 3,400 crore debt of RCAP...
Panda meets general re/insurers, takes stock of industry functioning
Debasish Panda,chairman, IRDAI ``This meeting was for general...
Sebi amends rules; introduces new option for appointment, removal of independent directors
''In case a special resolution for the appointment of an...
India submits long-term strategy to achieve net-zero target by 2070
Bhupender Yadav,Union Environment Minister India's approach to...
International
Chinese military seen behind Japan Cyber-attacks, NHK Says
The cyber-security firm FireEye Inc., which characterizes Tick as a suspected Chinese espionage group with attacks dating to at least 2009, has seen it target hundreds of Japanese organizations. These include research institutions and government agencies, said John Hultquist, vice president of intelligence analysis at the firm.
Insurers prefer private equity investments over Hedge Funds: Goldman Sachs Survey
Private equity was the most-favored asset class for insurers seeking to increase investment returns, followed by middle market corporate loans and infrastructure debt, the survey said.
Private equity returns in the past 10 years “have been strong and have outperformed other asset classes,” Michael Siegel, global head of insurance asset management at GSA, told a media briefing, which he said helped explain consistent insurer interest in the asset class in recent years.
AXA becomes the first insurer to join Green Monday ESG Coalition
Climate change can erase 18% of global GDP , Malaysia, Thailand, India, Philippines and Indonesia most vulnerable:Swiss Re
“Our analysis shows the benefit of investing in a net-zero economy. For example, adding just 10% to the USD 6.3 trillion of annual global infrastructure investments would limit the average temperature increase to 3/4 below 2°C. This is just a fraction of the loss in global GDP that we face if we don’t take appropriate action,“ said Jérôme Haegeli, Swiss Re’s Group Chief Economist
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