Indian
IRDAI effects reshuffle among sr officials
Randip Singh Jagpal, who has been a CGM in one of the most...
Govt panel calls for regular market approval for Covishield, Covaxin
"The Subject Expert Committee (SEC) on COVID-19 of the Central...
Indian stock markets slump for 3rd straight day; Sensex down 516 points
The benchmark Sensex is trading deep in the red for the third...
India logs over 3.17 lakh COVID-19 cases; daily positivity rate 16.41 pc
The country has so far registered 9,287 cases of COVID-19 variant...
International
InsurTech fundraising rebounds as over $1.5 billion invested in Q2 2020; four more ‘mega-rounds’ completed
At 74, deal count was down 23% from Q1, but many individual rounds were larger as investors continued to turn away from Seed and Angel deals in favour of support for more mature ventures. P&C sector investments predominated, accounting for 68% of funding, but the share of L&H sector investments was up 17 points to 32%, as the pandemic crisis continues to compound the value of technology, and particularly telehealth, in the segment. Also notable was the initial public offering of Lemonade and the acquisition of two incumbent insurance companies by InsurTechs, Hippo and Buckle
S.Africa’s Santam to pay $60 mln as BI claims ti virus-hit firms within months:CEO
Germany prepares “action plan” to reform banks, insurers and payment companies post Wirecard scandal
Guy Carpenter appoints MD of global risk solutions
Piatti will be responsible for originating and driving opportunities to better serve our clients in the customized reinsurance space across Europe and MENA, including structured reinsurance treaties and capital management/solvency-related transactions. As clients look to further optimize their reinsurance programs, Guy Carpenter is continuing to enhance its ability to create such customized products
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