OPERATIONAL CHALLENGES AND SWOT ANALYSIS OF BANCASSURANCE IN INDIA

Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in

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Swiss Re applies principles for sustainable insurance

 

 

 

In the 2012 Corporate Responsibility Report, Swiss Re enhances its accountability by reporting against the Principles for Sustainable Insurance for the first time. Together with the United Nations Environment Programme (UNEP) and other partners, Swiss Re played an active role in developing the principles, which are part of an initiative to advance sustainable business practices across the re/insurance industry, Swiss Re said.

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Swiss Re announces net income of USD 4.2 billion for full-year 2012; a regular dividend of CHF 3.50 per share and an additional special dividend of CHF 4.00 per share to be proposed

Swiss Re has delivered a net income of USD 4.2 billion for 2012. The result was driven by very strong profitability in Property and Casualty Reinsurance and an excellent investment result. Swiss Re’s Board of Directors will propose a regular dividend of CHF 3.50 per share and, in addition, a special dividend of CHF 4.00 per share, amounting to a total return of capital to shareholders of approximately USD 2.8 billion.

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Over 60% worry about rising retirement healthcare expenses in five key markets in Asia- Swiss Re

The world’s ageing population continues to expand, as scientific and medical advancement enables people to live longer. This presents enormous challenges for government and society, as well as the insurance industry.

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