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Indian
Equity MFs inflow surges to Rs 25,000-cr in Dec on strong SIP book
Equity schemes have been witnessing net inflow since March 2021 and...
23.39 pc pay rise for AP govt staff, retirement age up by 2 years
The enhanced retirement age would be applicable from January 1,...
Indian economy to grow 9.2 pc in 2021-22, surpass pre-Covid level: Govt data
The improvement in the economy comes over a GDP contraction of 7.3...
Life insurers’ new business premium income nearly flat at Rs 24,466 cr in Dec
On a cumulative basis, the first-year premium of all life insurers...
International
Russia to mass produce experimental COVID-19 vaccine – wealth fund head
Novartis to provide ‘no profit’ COVID-19 drugs to low income countries
“We shouldn’t underestimate the stress that COVID puts particularly on fragile health systems,” Hegemann said, adding Novartis hoped to work with health authorities, faith-based organisations and NGOs to eliminate big mark-ups. “We are not targeting classical commercial distribution channels, but very direct channels.”
Swiss Re and PGGM enter into second private sidecar transaction
The transaction is a further milestone for Swiss Re’s Alternative Capital Partners team, which was formed in 2019 to manage Swiss Re’s third-party capital activities. Alternative Capital Partners enables Swiss Re to grow its natural catastrophe book and proactively manage its risk appetite by making use of a broad range of third-party capital and retrocession instruments.
West African Coast re-emerges as hotspot for Piracy,Allianz Says
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