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Indian
ICICI Lombard launches Professional Indemnity Insurance for doctors
Sanjeev Mantri, executive director, ICICI Lombard General Insurance...
LIC listed at Rs 867, 8.62% discount over its issue price of Rs 949, over 1 cr shares exchange hands
Tuhin Kanta Pandey, secretary, DIPAM (L) and MR Kumar, chairman,...
GI Council looks for a new secretary general
With the new IRDAI chairman Debasish Panda having already announced...
Heat waves, floods and heavy rain: India battling climate change and it is getting worse, warn experts
The scientists said if the frequency of heat waves continues as is...
International
Roberts to lead Global Renewable Energy biz of Marsh JLT SpecialtyLondon:
“There is renewed political will as we approach the end of 2020 to move towards greater decarbonization and more sustainable energy sources.As traditional energy companies continue to decarbonize their footprints – and market challengers seek to redefine the energy landscape – Marsh JLT Specialty’s Global Renewable Energy team will play a key role in supporting our clients and communities as they transition towards more sustainable and carbon-neutral futures,”said Roberts
U.S. lifts Boeing 737 MAX flight ban after crash probes, tough hurdles remain
Questions remain over how quickly other regulators, especially in China, will lift their flight bans.
The U.S. planemaker’s best-selling jet will make its comeback facing headwinds from a resurgent coronavirus pandemic, new European trade tariffs and mistrust of one of the most scrutinized brands in aviation.
New internet rules to give Pakistan blanket powers of censorship
A service provider or social media company could face a fine up to 500 million rupees ($3.14 million) for non-compliance, which would in turn trigger a mechanism preventing the uploading and live streaming, particularly related to “terrorism, hate speech, pornography, incitement to violence and detrimental to national security”.
A platform has to act within 24 hours or, in case of an emergency, six hours to remove content. The rules also empower the telecom authority to block an entire online system.
Lloyd’s of London sees global pandemic insurance losses above previous estimate
Lloyd’s has proposed a “Black Swan” reinsurance scheme to governments globally to ensure better cover during circumstances such as the pandemic and other disturbances to business, but Carnegie-Brown said it was hard to get government attention on the topic so far.
“The challenge for governments of course is that they are very short-term focused… (it is) very difficult for them to lift their heads above the parapet and think about the future,” Carnegie-Brown said.
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