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Indian
Tata AIA Life premium income rises 23 pc to Rs 5,255 cr in H1 FY22
The company's total assets under management (AUM) increased 38 per...
General insurers settle only third of claim amount due to natural calamities during FY21
Against a claim amount of Rs 2,559.10 crore due to these...
Govt inducts three insurers as part time members into BBB
The new members are Usha Sangwan, former MD, Life Insurance...
ICICI Pru Life’s new term insurance plan to return 105% of premiums paid on maturity
Term plans with auto-adjusting life cover, basis changing...
International
Wirecard exposes Big 4 accounting lapses
The Big Four have each developed lucrative advisory arms to compete with McKinsey & Co. and other firms to provide the opportunity for revenue growth and brand building that accounting doesn’t. However, regulators say that creates an inherent conflict of interest and encourages the auditors to be restrained in their audits to protect consulting opportunities.
Allianz CEO sees business recovery in 2021 after coronavirus impact
Allianz may need a third less office space in the long term, he said. Travel costs could be cut by half. The company’s life insurance segment has held up despite the lack of personal contact between advisors and customers during the crisis. “You will be surprised how well business is developing”, said CEO Oliver Baete
Facebook,YouTube,Twitter to face same EU rules on hateful content as broadcasters
“Online players will have to ensure, in a similar way to traditional media players,that users are protected against hate speech and that minors are protected from harmful content,” the Commission said.
“Online platforms must take action against flagged content, which incites violence, hatred and terrorism, and ensure appropriate advertising and product placement in children’s programmes,” it said.
The non-binding guidelines apply to social platforms where audiovisual content is seen as an essential but not principal part of their business. EU countries, which have until Sept. 19 to implement the rules, will have the final say on the list of companies.
More scarce than opening-night tickets: insurance to back Broadway shows
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