Indian

Collaboration between Delhi Police, DoT to help trace IMEI numbers of lost mobile phones

The project, which has been launched in Maharashtra and Delhi to facilitate blocking and tracing of lost and stolen mobile phones, will discourage snatching and thefts of mobile phones and also help check their resale, officials said.IMEI is a 15-digit identifier for each mobile phone used in the telecom network and according to the police, there have been many cases of cloned and duplicated IMEI handsets.

International

Record-setting heatwave and costly severe weather sweep across Europe in June

Michal Lorinc, Catastrophe Analyst within Aon’s Impact Forecasting team, said: “An active start to summer in the Northern Hemisphere featured many large-scale weather events including severe thunderstorms, flooding, extreme heatwaves, and drought. Europe was at the center of many of these perils as record temperatures engulfed parts of France, and large hail and damaging winds led to more than USD730 million in insured costs in Germany alone. Impact Forecasting currently has a fully probabilistic hail model available for several European countries to help clients better understand the growing risks associated with hail to property exposure.”

Brazil undertakes sweeping pension sector reforms

As it currently stands, the bill would set a minimum retirement age of 65 for men and 62 for women, with a transition period of 12 to 14 years. If enacted as approved by the lower house, the legislation would save the state over 900 billion reais ($236 billion) over a decade.

Swiss Re suspends £3.3bn ReAssure’s IPO due to market conditions

“While we firmly believe that the long-term interests of ReAssure are best served by a more diversified shareholder base, there has been no pressing need for Swiss Re to divest shares at a price that we consider to be unrepresentative of ReAssure’s value and future prospects”

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