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Indian
RBI keeps rates at record low on virus fallout, projects retail inflation at 5.1%
According to Das, upside risks to inflation emanates from persistence of second COVID wave and consequent restrictions on activity on a virtually pan-India basis.
“In such a scenario, insulating prices of essential food items from supply side disruptions will necessitate active monitoring and preparedness for coordinated, calibrated and timely measures by both Centre and state governments to prevent emergence of supply side bottlenecks and increase in retail margins,” the governor said.
ACKO clocks Rs 100 crore from employee group health insurance premium in FY21
India’s daily new COVID-19 cases decline to 1.32 lakhs, fatalities at 2,713
India’s active caseload further declined to 16,35,993 as active cases decreased by 77,420 in the last 24 hours. The active cases in the country have been less than 2 lakhs since eight successive days. The daily positivity rate stands at 6.38 per cent, remaining below the 10 per cent-mark for 11 consecutive days, while the weekly positivity rate stands at 7.27 per cent.
Pre-Covid level normalcy to return next year, touch 4 lakh passengers a day: Civil Aviation Minister Hardeep Puri
International
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
UN collaborates with global insurers to tackle climate change impacts
The pilot group will develop analytical tools that they will use to pioneer insurance industry climate risk disclosures that are in line with the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). This will require them to make use of the latest climate science, including some of the most advanced, forward-looking climate scenarios available.
SCOR announces the creation of SCOR Europe SE
With effect from January 1, 2019, SCOR Europe SE, a 100%-owned subsidiary of SCOR SE, will underwrite all new and renewed business relating to risks located in the EEA that can no longer be accepted by SCOR UK Company Ltd. after the Brexit date. SCOR Europe SE will also take over all commitments from policies previously issued by SCOR UK Company Ltd. if the latter can no longer honor these following Brexit, the terms of which remain uncertain at this stage.
China moves closer to allowing foreigners to control insurance ventures: sources
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