Advertisement
Indian
India’s Covid deaths could double in coming weeks, forecasters warn
While coronavirus cases can be hard to predict, particularly in a sprawling nation like India, the forecasts reflect the urgent need for India to step up public health measures like testing and social distancing. Even if the worst estimates are avoided, India could suffer the world’s biggest Covid-19 death toll. The U.S currently has the largest number of fatalities at around 578,000.
IRDAI suggests model insurance villages to increase insurance penetration in rural areas
“The concept may be implemented in a minimum of 500 villages in different districts of the country in the first year and increased to a minimum of 1,000 villages in subsequent two years,” the paper said on which the insurance regulator has invited comments from stakeholders by May 17.
It also said the choice of villages is to be made carefully, considering various relevant aspects and parameters in order to implement the concept successfully for a period of three to five years.
SC asks Centre to inform about settlement of insurance claims of healthcare professionals
COVID-19: India records 3,57,229 new cases in single day,tally crosses 2-crore mark
International
Working millenials not saving enough for their retirement
“While it could be assumed that millennials have plenty of time to save for retirement, they have to shoulder more responsibility than their parents and grandparents to do so, Compared to older generations, millennials are less likely to have employer-provided pension or defined benefit retirement plans. Additionally, millennials are likely to live longer,” said Rui Yao, associate professor at University of Missouri.
AXA acquiers XL Group for $ 15.3 bn, Indian reinsurance branches of both cos will be merged
The combination of AXA’s and XL Group’s existing position will propel the Group to the number one global position in P&C commercial lines with combined 2016 revenues of 30 billion euros and total P&C revenues of 48 billion euros.Sources in Paris said, reinsurance branches of both the companies will be merged in India
Axa in Advanced Talks to Buy U.S. Insurer XL Group
Buying XL, which sells insurance to other insurers, would bolster Axa’s casualty coverage business in the U.S., and mark the biggest insurance deal since 2015, according to Bloomberg data. Such firms have become ripe takeover targets as policy prices begin to increase after firms booked heavy losses last year due to a spate of natural disasters.
Equifax says insurance covers $75 mn in breach costs, total losses to exceed $600 mn
Equifax carried cyber liability coverage, which market sources say was led by London-based Beazley P.L.C. Total costs of the breach, which compromised sensitive data of more than 147 million consumers, could be“well over $600 million,” after including costs to resolve government investigations into the incident and civil lawsuits against the firm,
Briefs
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Events
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Advertisement
Articles
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Features
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Data
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Interviews
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Facts
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
