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Indian
Apr 1 renewals: Hannover Re rules out any price hike for Indian market
The renewals in India in P&C(Property & Casualty) should be...
Banking services partially impacted on second day of strike
Bank unions are protesting against the government's move to...
Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1
Air India's insurance renewal may not be a very comfortable affair...
Insurers can sell short-term Carona policies till Sept,2022:IRDAI
Hyderabad: The insurance regulator IRDAI has once again extended...
International
IMF cuts Asia’s growth forecast, warns of pandemic-driven risks
India’s economy is likely to shrink 10.3% this year in stark contrast to China, which is set to expand 1.9%, the IMF said.
Asia’s economy is likely to grow 6.9% in 2021 thanks to the boost from expected stronger recoveries in China, the United States and the euro area, it said.
But the IMF said there were “considerable” risks such as the chance of a second wave of infections, escalating U.S. tensions and a potential return to tighter financial conditions.
Insurance startup Root eyes $6.3 bln valuation in market debut
Japan will take steps to guard against Olympics cyberattacks
Olympics organizers reported no significant impact on their operations for the 2020 Games, which were postponed until next year due to the COVID-19 pandemic.
Britain and the United States on Monday condemned what they said were a series of malicious cyber attacks orchestrated by Russian military intelligence, including attempts to disrupt the Tokyo Olympics and Paralympics.
London must ‘seize the moment’ to maintain global leadership amid COVID-19 pandemic:Report
Britain accounted for nearly a third of financial activity in the European Union, which it left last January, and will no longer have to comply with its rules after Dec. 31.
New Financial said in its study “Beyond Brexit,” supported by Barclays bank, that leaving the EU would be a seismic change and involve significant disruption for the banking and finance industry’s relations with the bloc.
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