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Indian
Charles Taylor announces new associate in India
Stephen Hope, Charles Taylor Adjusting’s Director – International...
Investors’ wealth tumble over Rs 3.91 lakh cr as stocks slump
''Aggressive FII selling resulting from negative global cues...
GIC Re’s net falls 150 % to Rs 210 cr on higher claims in Apr-Dec period
GIC Re, as part of restructuring its global business to be more...
LIC:Govt eyes to offload 5% stake sale via mega IPO
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International
COVID-19 deaths to cross 317,000 in U.S. by December 1
Hurricane Laura slams Louisiana, kills six, but less damage than forecast
Laura was downgraded to a tropical depression by the NHC at 10 p.m., and the forecaster said it will move to the mid-Mississippi Valley later on Friday and then to the mid-Atlantic states on Saturday.
Laura caused less mayhem than forecasts predicted – but officials said it remained a dangerous storm and that it would take days to assess the damage. At least 867,000 homes and businesses in Louisiana, Texas and Arkansas remained without power on Thursday afternoon.
“This was the most powerful storm to ever make landfall in Louisiana,” Governor John Bel Edwards told a news conference. “It’s continuing to cause damage and life-threatening conditions.”
Financial technology companies funding in APAC up 9.1% in Q2; India sees 38% dip
Global protection gap for mortality, health and natural cat reach a new high of $1.24 trillion:Swiss Re
Globally, mortality resilience declined the most, driven by a widening of the mortality protection gap in the Asia-Pacific region, where China’s protection gap expanded due to rapidly growing household debt
Health resilience was stable despite some deterioration in emerging markets.
The global health protection gap widened by more than 5% to USD 588 billion.Natural catastrophe resilience was lowest of the three risk areas. Swiss Re Institute expects that health and mortality protection gaps will widen as households grapple with lower incomes, higher healthcare costs and the financial consequences of losing a breadwinner as a result of the pandemic.
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