Indian
SpiceJet says Madras High Court has stayed its earlier order of winding up the airline
In a filing to BSE, the budget carrier said the Madras High Court...
Families of 1,509 healthcare workers paid insurance claim of Rs 50L each under PMGKP: Govt
Minister of State for Health Bharati Pravin Pawar Further, on...
HEALTH, ECONOMIC AND CYBERATTACKS REMAIN TOP RISK CONCERNS FOR INDIA INC: MARSH/RIMS STUDY
Many employers in India are looking at transitioning to a more...
No proposal to reduce 18 % gst on health insurance plans:Karad
Minister of State for Finance Bhagwat K Karad . GST is determined...
International
Virus pummels global economy, jobs – even without 2nd wave
Gurria argued that “presenting the problem as the choice between lives and livelihoods, meaning a choice between health and the economy, is a false dilemma.
If the pandemic is not brought under control, there will be no robust economic recovery.”In case of a second wave of contagions, the OECD forecast that the average unemployment rate across the 37 developed countries that it represents would double this year to 10% and see “little recovery” in 2021. In the more optimistic scenario, the figure would be 9.2%. In poorer countries, the numbers are often higher, and informal workers are especially vulnerable.
Aon’s partners with GK8 for providing insurable digital-asset storage tech
Insurtech Lemonade files for IPO, to be listed in NY Stock Exchange
Powered by artificial intelligence and behavioral economics, Lemonade set out to replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything.
Lemonade is currently available for most of the United States, Germany and the Netherlands, and continues to expand globally.
Covid -19 Pandemic:U.S. life/annuity industry posts a $23.1 billion net income loss in Q1 2020
According to the report, the L/A industry saw a $23.7 billion increase in total income to $230.4 billion for the period.
However, a $94.1 billion increase in total expenses, mainly due to a combined $57.3 billion year-over-year increase in aggregate reserves for life and accident and health contracts at Prudential, Brighthouse, Jackson National, AXA Equitable and Transamerica, negated the rise in total income.
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