A new report by AGCS identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. AGCS analysis of $1bn of insurance industry claims show cyber incidents, including crime, is the top cause of loss. Insurers see a rising number of losses from outages or privacy breaches with third-party service providers a potential weak link. Compliance issues are already one of the biggest drivers of claims and the burden is growing – particularly around ESG factors and…
Author: Miley Selena
beginner investing: Expert tips and advice for a beginner investing in IPOs – The Economic Times Video | ET NowTiming the IPOs is another important factor. Companies are tempted to often announce IPOs right after strong quarterly results. Investors must be careful not to extrapolate recent performance into perpetuity and pay a high price.175viewsTo see your saved stories, click on link hightlighted in bold Read more: EconomicTimes
Vietnam has recorded eight new cases on Thursday morning, all are patients under treatment at the National Hospital for Tropical Diseases. The hospital is being locked down for two weeks starting on Wednesday until May 19 after a doctor tested positive for coronavirus. Hanoi Chairman Chu Ngoc Anh said Wednesday afternoon that the city has locked down the National Hospital for Tropical Diseases in Dong Anh District to curb the spread of the disease and protect its medical workers, reported the VNExpress. The decision was taken a day after a male doctor at the hospital tested positive for the coronavirus during an overseas…
Bill Gates went on holiday with his ex-girlfriend Ann Winblad every year as a part of the deal when he married Melinda French in 1994. Gates — who announced with Melinda on Twitter on Monday that they were divorcing after 27 years of marriage. Visit Vietnam Insider’s homepage for more stories. During the 27 years of Bill and Melinda Gates’ marriage, the Microsoft founder kept up an annual tradition with his ex-girlfriend. After marrying his wife, Bill Gates would spend a long weekend every year at a cozy beach cottage in the US state of North Carolina — with his…
To enhance the financial safety net for people travelling (be it domestic or international), IRDAI has introduced guidelines for a standard travel insurance product. The guidelines were issued by the Insurance Regulatory and Development Authority of India (IRDAI) on May 5, 2021. As per the guidelines, there will be five variants of the travel insurance product and these will be basic mandatory covers which will be uniform across the insurance industry. The standard travel cover will come with single premium payment option which will be collected in advance. There will be no restrictions on minimum and maximum age of entry.…
Under pressure from foreign goods on e-commerce sites, Vietnamese businesses should take advantage of their internal strengths to compete. Ms. Uyen from Ho Chi Minh City is an example of a customer who has sought items from overseas online sites. She has recently turned to buying dresses and lipsticks from Chinese sellers on Shopee, an online shopping platform. Uyen said that fashion products from China are cheap, with diverse models, and the shipping cost is cheap. “A dress in China is priced for around VND100,000, while Vietnamese products of the same kind are sold from VND200,000-VND300,000. A lipstick in China…
Police in Ho Chi Minh City have captured two Chinese nationals, who had been caught sneaking into Vietnam illegally and escaped after being sent to a local isolation ward. The capture was confirmed on Tuesday by the principal of Ho Chi Minh City Military School in Cu Chi District – a venue repurposed into a quarantine ward, where the two Chinese had escaped from. The duo were found in Hoa Khanh Dong Commune, Duc Hoa District of neighboring Long An Province, which is some 32 kilometers away from the quarantine ward. Police of Cu Chi District have detained the two…
Consumer demand for gold in Vietnam reached 39.8 tonnes in 2020 Gold is the top asset class for 68 per cent of Vietnamese investors Visit Vietnam Insider’s homepage for more stories Vietnam is the largest gold market in Southeast Asia, according to a recent study of the World Gold Council (WGC). The WGC also announced the country among the top 10 markets in the world, saying consumer demand for gold in Vietnam reached 39.8 tonnes in 2020, higher than the demand of 37.6 tonnes in Indonesia and 9.4 tonnes in Singapore. The study of 2,000 local investors in March last…
Vietnam confirms 18 new community transmitted Covid-19 cases Wednesday, bringing the total number of local cases in the latest outbreak to 56. Also on Wednesday evening, the country reported eight imported Covid-19 cases. Fourteen new cases, numbered from 3009 to 3022, were recorded at the National Hospital of Tropical Diseases in Dong Anh District in the capital city. The source of this contagion has not been identified, according to VNExpress. Nine of them are patients who were being treated at the hospital for other diseases. The rest are four family members of these patients and one medical staff. The next…
Mandatory centralised quarantine for entries into the country and direct contacts of confirmed COVID-19 cases will be extended from the current 14 days to 21 days, and the new regulation takes effect from Wednesday, Minister of Health announced on Wednesday afternoon. The decision was made after consultation with epidemiologists and virologists in light of new variants of the virus prompting revisions to our knowledge of disease incubation time, reported the Vietnam News. The new protocol aims to “protect the community from the spread of coronavirus” amid recent cases found positive following the completion of 14-day quarantine, Long said. Related: Three Indians among…