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Indian
Consent of most shareholders needed for shutting down debt schemes: SC
Policybazaar launches Employee Health Insurance
“The need for a food delivery company with 1000 delivery riders is very different from a small corporate that has tech geniuses working from home,” The one-size-fits-all approach cannot work anymore since businesses, their operations and their wallets are different and complex,” said Sarbvir Singh, CEO – Policybazaar.com.
Kotak Life and PNB MetLife declare bonus for their policyholders
Kotak Mahindra Life Insurance has announced a bonus of Rs. 591 crore to eligible participating policyholders for FY 2020-21. This is an increase of 41% over the bonus declared for FY 2019-20.
PNB MetLife India Insurance has announced a bonus of Rs 532 crores for all eligible policyholders of participating products. PNB MetLife has been consistently declaring bonus on participating products every year.
India’s COVID-19 infection rate edges up, with second wave yet to abate
International
UK regulator asks insurers to weigh possible business impact of Climate Change
July may set global record as hottest in recorded history: United Nations
Scientists have linked the warming planet to man-made climate change, predicting a rise in temperatures of 1.5C (2.7F) between 2030 and 2052 if global warming continues apace.Emissions of carbon dioxide and other greenhouse gases are chiefly responsible for climate change, according to scientific consensus.
Willis Towers Watson acquires Risk Capital Advisors
Jill Stewart, Head of Willis Towers Watson FINEX in Australasia reinforced that there is a strong alignment between the service offerings of RCA and that of Willis Towers Watson. “Combined with our financial lines expertise including Directors’ & Officers’, Professional Indemnity and Cyber Insurance, we now have one of the most complete financial and executive risk offering in the Australasian market to support clients in a wide range of industries.
Record global insurance M&A deals in H1 2019
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