The research forecasts that China's share of global premiums will continue to rise rapidly to an estimated 18 percent in 2030, still only half the share of the US. However, excluding medical insurance premiums, China remains on track to become the largest insurance market globally by the mid-2030s. … [Read more...] about Insurance premium growth to remain positive in 2020
Guaranteed issue life insurance
• Northern Territory: While life in the Top End is well on its way back to normal after successfully combating the coronavirus outbreak, the NT’s border has been closed to interstate travellers since early in the pandemic. The Government will reopen the border to all states on July 17. … [Read more...] about Can you travel during school holidays? Coronavirus outbreak warning issued
by Umang PathakThey belong more to the virtual world than the real one. This informal generation prefers to work while holding a coffee mug and scrolling Instagram profiles. Some of them spend more than they earn and a few of them earn more than what their previous generations could have earned. Life was going fine until the world covered under a mask began to them more. They are the millennials who neither have enough savings nor protective jobs. Alisha, 30, moved to Mumbai last December to work with a daily newspaper. In a months’ time, she already started receiving appreciation for her ‘nose for news’. Until mid-February 2020 all seemed well as she bagged a few bylines. And soon she was asked to work on a COVID-19 story. While she started collecting more information, she thought to herself: How bad can it get? Will it come to India? If yes, can I be infected? What worse can happen?Eventually, layoffs and salary cuts became the gossip of her newsroom. And one day, … [Read more...] about Have millennials tested COVID-19 positive?
With more uncertainties affecting the global economy, Tang said the implementation of the new measures will help maintain stability in six key areas－employment, financial operations, foreign trade, foreign investment, domestic investment and expectations－and enhance protection in six other areas: jobs, basic living needs, business operations, food and energy security and stable industrial and supply chains. … [Read more...] about FTZs further opening-up, reform efforts
To mitigate the effect of uncertainties arising from COVID-19 and the global market's weak goods demand, the Ministry of Commerce has signed a number of cooperation agreements and memoranda, as well as jointly issued work notices with financial institutions in the first half of this year to put the country's economic growth on a firmer footing. … [Read more...] about Government to lift corporate financing