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Indian
Poor diligence while granting driving licences is costing lives on Maha roads, say experts
''With each passing day, we hear of horrific road crashes that...
RBI sounds note of caution on OPS, says it may add to liabilities in future
By postponing the current expenses to the future, the report said...
IRDA proposes new advertisement norms for insurers
Each insurer has to constitute an advertisement committee reporting...
Govt brings CA, CS, accountants carrying financial transactions of clients under money laundering law
As per the changes notified in the the Prevention of...
International
HCL to transform Munich Re workplace services in 40 countries
“The last 12 months have triggered the biggest change in how companies empower and support their employees,” said Robin Johnson, Group CIO of Munich Re.It will support Munich Re’s global workforce in multiple languages including German, Spanish and Mandarin from near-shore locations. It will also implement a personalised service desk solution and leverage the power of automation and self-service capabilities to improve efficiency and enhance employee user experiences.
AXA Hong Kong and HSBC jointly launch Overseas StudySurance
Kenneth Lai, P&C Distribution Director, AXA Hong Kong and Macau, said, “Education is the key to success. Many parents would provide their children with the best education by letting them study abroad. However, the best protection is also essential to ensure a holistic support and care during their overseas study journeys. As the largest general insurer in Hong Kong, we are delighted to partner with HSBC to offer the comprehensive student protection ‘Overseas StudySurance’ – a plan with market-leading medical expenses and personal accident coverage, to provide peace of mind for students and their parents when they pursue their overseas studies.”
Pandemic threatens Asia-Pacific’s progress on global development goals, says ADB
Developing Asia’s extreme poverty rate – or the proportion of its people living on less than $1.90 a day – would have fallen to 2.6% in 2020 from 5.2% in 2017 without COVID-19, but the crisis likely pushed last year’s projected rate higher by about 2 percentage points, ADB simulations showed.
The figure could even be higher considering the inequalities in areas like health, education and work disruptions that have deepened as the COVID-19 crisis disrupted mobility and stalled economic activity, the ADB said in a flagship report on the region.
“City of London supports 15% of global carbon emissions”
“We’ll be targeting the City of London because it’s time that people understand the real contribution of the UK to this crisis,” lawyer and XR activist Tim Crosland told reporters.
“The City of London is the arch financier of the carbon economy. It supports 15% of global carbon emissions. It hosts BP, Shell, Glencore, Anglo American, and Russian oil and gas companies such as Gazprom and Rosneft.”
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