Law commission Report: Legal reforms to combat road accidents
Law Commission Report: More than 100,000 Indians are dying every year in road accidents.More than a million are injured or maimed. Many years ago, a study found that road accidents…
MDRT Survey Reveals “Honesty” and “Trustworthiness” as Most Important Traits for Advisors
A new survey by The Million Dollar Round Table (MDRT) highlights a significant gap between how financial advisors rate themselves and how clients rate their advisors.
Swiss Re reports net profit of USD 960 million for the second quarter
Swiss Re reports a Group net income of USD 960 million in the second quarter of 2011, compared to income of USD 812 million in the same period of 2010.…
New Swiss Re sigma study “World insurance in 2010” reveals growth in global premium volume and capital
According to Swiss Re’s latest “World insurance in 2010†sigma study, world insurance premium volume increased 2.7% on an inflation-adjusted basis. Life premiums rose by 3.2%, non-life by 2.1%. Premium…
Swiss Re’s leadership structure brought into line with legal entity set-up following successful share exchange offer
Swiss Re is completing adjustments to its leadership structure to reflect the company’s new legal entity set-up.Â
MDRT and MDRT Foundation Donate $248,000 for Disaster Recovery in Japan
The Million Dollar Round Table (MDRT) and the MDRT Foundation announce a cumulative donation of USD 248,000 from their MDRT Japan Relief Fund established following the earthquake and tsunami that…
Munich Re posts quarterly loss of €948m due to heavy claims burdens
Owing to exceptionally high costs for natural catastrophes, Munich Re posted a consolidated loss of €948m for the first quarter of 2011 (previous year: profit of €485m). Despite this quarterly…
Swiss Re reports loss of USD 665 million for the first quarter 2011
Swiss Re reports a net loss of USD 665 million for the first quarter of 2011, compared to a profit of USD 158 million in the same period of 2010.…
Swiss Re’s new sigma study on natural catastrophes and man-made disasters
Zurich, 28 March 2011 — According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were USD 218 billion in 2010, more than triple…
The Libyan crisis and its effect on the Indian economy
Last week the United Nations Security Council passed a resolution on enforcing a no-fly zone over Libyan airspace and its intention to prevent attacks on the civilian population by the…