Solar Life US president delivers replace on DentaQuest acquisition

“Over the previous decade we’ve reworked the US enterprise from a largely retail particular person life and annuities enterprise to a high-performing market main advantages enterprise,” stated Dan Fishbein, president, Solar Life Monetary US. “The DentaQuest acquisition continues this evolution, altering the footprint of our enterprise within the US into a bigger, extra healthcare-focused group, […]

Fed Governor Bowman sees ‘equally sized’ charge hikes forward after three-quarter level strikes

Federal Reserve Financial institution Governor Michelle Bowman provides her first public remarks as a Federal policymaker at an American Bankers Affiliation convention In San Diego, California, February 11 2019. Ann Saphir | Reuters Federal Reserve Governor Michelle Bowman mentioned Saturday she helps the central financial institution’s current massive rate of interest will increase and thinks […]

Fraudster stole politician’s id, authorities say

A Michigan man has been accused of stealing a state consultant’s id to commit insurance coverage fraud, based on Michigan Lawyer Common Dana Nessel. Christopher Nonetheless, 24, has been charged with three counts of insurance coverage fraud, a felony punishable by as much as 4 years in jail and as much as $50,000 in fines; […]

S&P 500 sheds practically 1% Friday on Snap-led tech sell-off, however finishes greater on week

The S&P 500 fell practically 1% on Friday, however completed the week greater, as buyers digested disappointing outcomes from Snap that despatched social media shares reeling. The Dow Jones Industrial Common misplaced 137.61 factors, or 0.43%, to 31,899.29. The S&P 500 declined 0.93% to three,961.63, whereas the Nasdaq Composite traded 1.87% decrease to 11,834.11. These […]

States must undertake prudent borrowing technique: RBI governor Shaktikanta Das

RBI governor Shaktikanta Das on Thursday emphasised on the necessity for states to undertake prudent borrowing technique and environment friendly money administration practices, preserving in view the evolving macroeconomic eventualities. Inaugurating the thirty second Convention of the State Finance Secretaries (SFS) in Mumbai, he harassed that the states ought to concentrate on enhancing high quality of expenditures, higher dealing […]

States’ GST income deficit to vanish in 3 years

The latest measures to cut back exemptions, right inversions and the upcoming slabs rejig will be certain that income shortfall of the states will likely be overcome in three years, the Central Board of Oblique Taxes and Customs (CBIC) chairman Vivek Johri mentioned. These adjustments will improve the weighted common GST charge from about 11.6% […]

Life Insurers’ new enterprise premium revenue rises 39.73% for Q1FY23

Collective new enterprise premium revenue for all times insurance coverage firms witnessed a 39.73% year-on-year rise to Rs 73,674.53 crore for the primary quarter this fiscal from Rs 52,725.26 crore for a similar interval final fiscal, knowledge from IRDAI confirmed on Thursday. The brand new enterprise premium or the primary yr premium of 23 non-public […]