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Indian
LIC net profit falls 18% to Rs 2,409 crore in Q4 FY2021-22,declares 15% dividend
The corporations' first year premium increased 32.65 per cent to Rs...
Expand scope of Ayushman Bharat to include middle class: Gehlot urges PM
Rajasthan Chief Minister Ashok Gehlot ''Due to the costly treatment...
LIC launches `Bima Ratna’, a non linked, non-participating, individual, savings life insurance plan
The plan is available for a term of 15, 20 and 25 years. premium...
‘Heal by India’ initiative: Govt readying exhaustive online registry of Indian healthcare workers
The healthcare professionals who can register themselves in the...
International
Insurers winning most, but not all, Covid-19 business interruption lawsuits
The stakes are high for thousands of businesses. The outbreak has led to a surge in U.S. bankruptcies, including rental-car company Hertz Global Holdings Inc. Century 21 Stores said it couldn’t survive after its insurer denied its business-interruption claim.
But the pandemic is also squeezing insurers. In the second quarter — after the initial shutdowns — Chubb Ltd. reported $1.16 billion in Covid-19 losses. Munich Re said this month coronavirus losses keep growing. Overall, the industry could face at least $100 billion in total underwriting losses from the pandemic, Lloyd’s of London predicted in May.
Tokyo 2020 organisers estimate Games postponement cost $1.9 billion – media
The postponement costs include payment to staff as well as the introduction of new systems for refunding tickets but do not include measures against the spread of the coronavirus, the newspaper said.
The organisers had originally estimated that the delay would cost nearly 300 billion yen but they were able to reduce that figure by simplifying some events, the report said.
Hacker selling CEO, CFO email accounts for as less as Rs 7,400
The data is being sold on a closed-access underground forum for Russian-speaking hackers called exploit.in”.
The high-level employees at risk include chief executive officers, chief operating officers, chief financial officers, chief marketing officers, chief technology officers, presidents, vice presidents and company directors, among others.
Tesla could widen release of ‘self-driving’ software in two weeks
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