Deluged with claims over 2 years, life insurers look to breath easier in FY23

Deluged with claims over 2 years, life insurers look to breath easier in FY23

Death claims and payouts for life insurance companies touched a record high in 2021-22 as the second wave of the Covid-19 pandemic playedhavoc. The sector is however, more upbeat about prospects in the new fiscal and believe the impact of the pandemic on their balance sheet has been contained. The country’s largest life insurer—Life Insurance … Read more

Elon Musk meets Brazil’s Bolsonaro to discuss Amazon rainforest plans

Elon Musk meets Brazil’s Bolsonaro to discuss Amazon rainforest plans

Telsa and SpaceX chief executive officer Elon Musk met with Brazil’s President Jair Bolsonaro on Friday to discuss connectivity and other projects in the Amazon rainforest. The meeting, held in a luxurious resort in Sao Paulo state, was organised by Communications Minister Fábio Faria, who has said he is seeking partnerships with the world’s richest … Read more

Delay in AAI payment: Some SpiceJet flights held up at Delhi airport

Delay in AAI payment: Some SpiceJet flights held up at Delhi airport

Some flights of low-cost carrier, SpiceJet were held up at the Delhi airport for some time on Friday as there was a delay in daily payment by the airline to the Airports Authority of India (AAI), sources said. According to the airline’s spokesperson, the delay in making daily payment was due to a software glitch … Read more

Why I’m Not Worried About the Stock Market Crash

Why I’m Not Worried About the Stock Market Crash

We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s important to note that the stock market isn’t the economy. We’re not on the cusp of the next Great Depression. Instead, we have … Read more