November 25, 2020

Info IEC

Business & Finance Information


Automobile insurance coverage standard protection is the fundamental quantity of insurance protection that’s required by law in order for a person to legally function a motor vehicle. International insurance coverage premiums grew by 2.7% in inflation-adjusted terms in 2010 to $4.three trillion, climbing above pre-disaster ranges. The return to development and report premiums generated through the year followed two years of decline in actual terms. Life insurance coverage premiums elevated by three.2% in 2010 and non-life premiums by 2.1%. Whereas industrialised international locations saw a rise in premiums of around 1.4%, insurance coverage markets in emerging economies noticed fast expansion …

SINGAPORE – Travel is recovering more quickly in Asia than in the West — but its the domestic market that’s driving that recovery, an online travel agency told CNBC this week.

“Asia is generally leading the way,” said John Brown, chief executive of Agoda, a subsidiary of American online travel firm Booking Holdings. “We’ve seen again in markets like Taiwan, certainly places like Thailand, where they really have the best control over Covid — those are the markets where we see the domestic bookings doing the best.”

The best pockets of recovery are domestic travel in Taiwan, Thailand and increasingly,

Tue, Nov 24, 2020 – 1:00 PM

THERE are growing concerns that a market correction may be on the cards next year for Asia-Pacific (APAC) real estate, which has thus far been resilient amid the coronavirus pandemic, particularly when compared to Western markets.

A regional forecast report by non-profit education and research institute Urban Land Institution (ULI) and PwC released on Tuesday noted that the Covid-19 outbreak has had a limited impact on local real estate markets this year.

However, stress may surface soon, particularly in China, India and Australia, which will likely be sources of forced sales next year.

After scrambling to hoard cash in the spring, some large U.S. companies that halted their dividend payments are reversing their decision, a sign that their leaders believe the worst of the crisis is behind them.

Earlier this year, when much of the country’s economy shut down in the first waves of the coronavirus pandemic, companies withdrew cash from credit lines, stopped repurchasing stock and halted dividend payments amid the uncertainty. The public health plight continues, but many businesses—from factories to law firms—have…

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Mon, Nov 23, 2020 – 1:06 PM

COVID-19 has put a strain on Singaporeans’ financial health, impacting their ability to pay their housing loans and dragging down their passive income, according to the latest survey by OCBC.

The OCBC Financial Wellness Index, which launched in 2019, has dipped to 61 this year, down from 63, on the back of the pandemic fallout and the resulting global economic slowdown.

A total of 2,000 working adults in Singapore between the ages of 21 and 65 were surveyed online between Sept 2 and Oct 3 this year.

About a third of respondents (31

Right now, companies require effective business analysis so as to maintain competitiveness in a extremely aggressive business world. Certain life insurance contracts accumulate money values, which may be taken by the insured if the coverage is surrendered or which can be borrowed in opposition to. Some insurance policies, equivalent to annuities and endowment policies , are financial instruments to build up or liquidate wealth when it is needed. Finding work as a freelancer, at that point, is usually about finding different companies (including ecommerce store companies) that wish to pass off some of their workload to someone else. Having a …

What is health insurance and why do I need it? In most nations, life and non-life insurers are subject to completely different regulatory regimes and different tax and accounting rules. The principle cause for the excellence between the two kinds of company is that life, annuity, and pension enterprise could be very long-term in nature – protection for all times assurance or a pension can cowl dangers over many many years By contrast, non-life insurance coverage cowl usually covers a shorter period, corresponding to one 12 months. Most jobs in finance require at the very least a bachelor’s degree, but …

View of Corporate and Research and Development Headquarters of Regeneron Pharmaceuticals on Old Saw Mill River Road in Tarrytown, New York.

Lev Radin | LightRocket | Getty Images

The Food and Drug Administration on Saturday granted an emergency use authorization for Regeneron‘s Covid-19 antibody treatment, the experimental therapy given to President Donald Trump when he contracted the coronavirus in October.

Regeneron submitted an emergency use application that month after preclinical studies showed that the therapy, called REGN-COV2, reduced the amount of virus and associated damage in the lungs of non-human primates. The company said trial data also shows the

Sun, Nov 22, 2020 – 10:00 AM

INVESTORS will have easier access to Hong Kong-listed technology stocks next month, as OCBC works towards the listing of a tech-focused exchange-traded fund on the Singapore Exchange. (see amendment note)

The Lion-OCBC Securities Hang Seng TECH ETF will track the Hang Seng TECH Index, which is made up of the top 30 technology companies listed in Hong Kong by market capitalisation.

As at end-October, the index’s five largest constituents by weight were Tencent, Meituan Dianping, Sunny Optical, Alibaba and Ali Health.

The index returned 36.25 per cent in 2019 and 35.30

After we speak of insurance, we are referring to dangers in all types. Burial insurance is a really previous kind of life insurance which is paid out upon demise to cowl closing bills, such as the price of a funeral The Greeks and Romans launched burial insurance coverage c. 600 CE once they organized guilds known as “benevolent societies” which cared for the surviving households and paid funeral bills of members upon death. Guilds within the Center Ages served a similar function, as did pleasant societies throughout Victorian times. Customer selected due dates can be found just for auto insurance …