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Indian
GIC Re is 3rd largest Asian reinsurer in S&P’s 2022 global chart
Globally, GIC Re, which is pruning its premium base by shedding its...
Adani’s ascent boosts India’s clout in emerging-market equities
Gautam Adani Eight firms controlled by Adani’s ports-to-power...
Punjab considering restoration of old pension scheme, says CM Bhagwant Mann
"My government is considering reverting to the Old Pension System...
Singapore central bank, India’s IFSCA to pursue cross-border FinTech innovations
The agreement is expected to leverage existing regulatory sandboxes...
International
About 1,000 finance firms eying Post-Brexit outposts in U.K.
This year, London lost its crown to Amsterdam as Europe’s top place to buy and sell stock, traders have shifted interest-rate swaps out of the UK and the relocation of bankers into the bloc continues.
“These firms are therefore likely to invest in real estate and professional services advice as they set up a UK office for the first time.”
Israeli Insurtech reaches $1 Billion Valuation
Founded in 2001, Earnix helps its customers provide personalized rates and products using artificial intelligence and analytics. The startup will use the new funds to grow internationally, develop new products and support deals, it said in a statement Sunday.
Israeli startups overall raised a record $1.44 billion in January, with a half-dozen firms announcing funding rounds of at least $100 million, according to a report from Start-Up Nation Central, a non-profit organization that tracks Israel’s tech industry.
Plane With 200+ Passengers On Board Suffers engine failure, lands safely
A video shot from inside the aircraft — which had 231 passengers and 10 crew onboard — showed the right engine ablaze and wobbling on the wing of the Boeing 777-200, its cover entirely missing as the aircraft flew over a barren landscape.
There were no injuries on the plane or on the ground, authorities said.
Pfizer jab 95.8% effective against Covid: Israel health ministry
Israel’s inoculation campaign is regarded as the world’s fastest, with one dose of the Pfizer/BioNTech vaccine administered to 4.25 million people out of its nine million-strong population since December, according to the latest health ministry figures.
Some 2.88 million people have received the recommended full course of two jabs.
The health ministry said on Saturday the vaccine had proved 95.8 percent effective in preventing coronavirus infection among those vaccinated two weeks after receiving their second shot compared to unvaccinated people, according to data compiled up to February 13.
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