Indian
India saw an extreme weather event on almost 90 pc days in first 9 months this year: CSE report
These disasters claimed 2,775 lives, affected 1.8 million hectares...
Grievance Appellate Committee contours in 10-12 days; panel to be in place by Nov 30: Rajeev Chandrasekhar
Rajeev Chandrasekhar,Union IT minister The minister asserted that...
RBI starts pilot digital currency program for select banks
The e-rupee will be tested for retail use within a month in some...
Passenger vehicle sales get festive treat in October amid surge in demand for SUVs, mid-segment cars
Automobile makers led by Maruti Suzuki, Hyundai and Tata Motors,...
International
New Zealand introduces climate change law for financial firms in world first
Coronavirus pandemic ‘a long way from over’, WHO’s Tedros says
Geneva: Confusion and complacency in addressing Covid-19...
Aon, seeking EU nod on $30 billion Willis bid, offers to sell assets
Aon has proposed the sale of businesses in France, Germany, the Netherlands and Spain, including financial and professional lines and aerospace and cyber activities, the person said.
The package of concessions also includes corporate risk- broking activities in some other countries while a potential buyer examines those assets, the person said.
7% growth in global reinsurance capital in 2020, combined ratios improve: Willis Re
James Kent, Global CEO, Willis Re, said: “Such a solid development of the global reinsurance industry’s capital base would hardly have been expected earlier last year, as the COVID-19 pandemic was gathering pace. Willis Re’s analysis provides clear evidence of the strength and resilience of reinsurance market capacity. Reinsurers and insurers alike must contend with the challenges of low interest rates. But, looking through the turbulence of COVID-19 and nat cat claims, and a declining reliance on reserve releases, there is a clear improving trend in underwriting profitability.”
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