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Indian
Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit
Reflecting bullish investor sentiments, the 30-share key index...
HDFC Bank, HDFC to merge in $40 billion deal to create lending behemoth
As part of the deal, shareholders of HDFC Ltd will receive 42...
India on cusp of major economic recovery: Niti Aayog VC Rajiv Kumar
" Notwithstanding economic uncertainties triggered by the...
FPIs withdraw Rs 41,000 cr in March
Himanshu Srivastava, Associate Director - Manager Research,...
International
Lloyd’s headquarters to be transformed into a workplace for the future:CEO
“The Lloyd’s building is almost 35 years old, so how can it be the right environment for the market to operate?For the first time, we have both a virtual capability and a real capability operating simultaneously at Lloyd’s. We’ve also set some ideas on the table to metaphorically rip up the underwriting room and decide what it should look like in the 21st century, and what the marketplace should look like in the 21st century,” said Neal while speaking at a Virtual Reinsurance Renewal Season fireside chats.hosted by Dominic Christian, global chairman of Aon’s Reinsurance Solutions,
Asia Pacific health care benefit cost expected to jump by 8.5% in 2021, Willis Towers Watson survey
The 2021 Global Medical Trends Survey, the largest of its kind, found that medical insurers in APAC project health care benefit costs will take a sudden drop in 2020 before rebounding to 8.5% in 2021, up from 6.2% this year and 7.5% in 2019.
Markets including China (9.3%), India (10%), Indonesia (12%), Malaysia (12.5%), New Zealand (20%), Philippines (8.8%), Singapore (8.2%), Thailand (8%) and Vietnam (10.2%) will see an increase in excess of 8% next year.
According to the study, cancer (79%), cardiovascular diseases (76%), and conditions affecting musculoskeletal and connective tissue (42%) are the top three conditions currently affecting medical costs in APAC, with cancer and cardiovascular diseases expected to remain so in the near future.
Asia-Pacific countries begin to ease pandemic-related travel bans, but hurdles remain
For now, few people are likely to travel because of testing and insurance requirements, and in some cases the need to quarantine upon return home, meaning the deals offer limited hope for airlines and the tourism industry.
A Singapore-Indonesia deal announced on Monday for essential business and official travel will require an application and COVID-19 swab tests both before and after travel.
Solar the new ‘king of electricity’ as renewables make up bigger slice of supply: IEA
Despite the increase in solar and wind power, carbon emissions are projected to pick up in 2021 after a 2.4 gigatonne (Gt) drop in 2020, and to exceed 2019 levels in 2027 before growing to 36 Gt in 2030, it added.
The IEA said gaps remain in many cases between long-term ambitions and specific near-term plans to curb emissions.
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