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Indian
Regular international flights likely to resume from March 15
"Regular International flights is likely to resume from March 15....
Watching geo-political situation carefully, keen on listing in March: LIC chief
The LIC public issue would be the biggest IPO in the history of the...
LIC wants to remain IDBI Bank shareholder for bancassurance gain
M R Kumar,chairperson,LIC Elaborating on bancassurance channel,...
Digital divide is rapidly shrinking in India: PM Modi
Prime Minister Narendra Modi Addressing a webinar virtually on...
International
Insurance losses from Western U.S. Wildfires to Be Between $4bn and $8bn:RMS
RMS estimates include losses from property damage, including evacuation and smoke damage, business interruption (BI) across residential, commercial, industrial lines, and additional living expenses (ALE). Smoke and evacuation are significant contributors to losses during the ongoing Western U.S. wildfires, contributing about 20 percent of losses in Northern California fires and about 35 percent in Oregon and Washington fires, respectively.
UK insurers under fire as watchdog proposes ‘radical’ ban on loyalty penalties
PartnerRe appoints John Mok as CEO Life & Health, Asia Pacific
Commenting on . Mok’s appointment, Marc Archambault, CEO Life & Health and Group Executive Committee member.said, “ We believe in the growth potential of these markets and Asia Pacific is an important part of growth plans for the Life & Health business. . Mok’s appointment underlines our commitment to the region, and to continuing to deliver reinsurance solutions and value added service to our clients in Asia Pacific. I look forward to leveraging John’s experience to continue to build the team, develop profitable business and grow the Life & Health business.”
Russia to share legal risks of COVID-19 vaccine
“Russia is so confident in its vaccine that it has not asked for full indemnity and this is a major differentiating factor versus any Western vaccine,” said Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), the state sovereign wealth fund that is backing the vaccine.
“All of them are asking for full indemnity of legal risks.”
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