The Connection Between Celebrations and a Strong Culture

New You can now listen to Insurance Journal articles! What will draw employees to work and keep them engaged? If your organization is wrestling with that question, you’re not alone. Insurance employers – like those in many other industries – are struggling to retain employees and engender their loyalty, especially after the work disruptions of … Read more

Erdoğan meets Zelenskyy in Ukraine amid tension over nuclear plant

Turkish President Recep Tayyip Erdoğan has met President Volodymyr Zelenskyy in Lviv, as tensions simmered over control of a nuclear power plant in southern Ukraine. Erdoğan, who has acted as an intermediary between Moscow and Kyiv, on Thursday made his first trip to Ukraine since Russia’s full-blown invasion on February 24. His trip coincided with … Read more

Elevated inflation warrants appropriate policy response, says RBI article

Inflation is persistently at elevated levels that warrants appropriate policy responses to anchor expectations going forward, said an RBI article published on Thursday. Retail inflation based on the consumer price index (CPI) softened to 6.71 per cent in July, mainly on account of moderation in food prices. The … Read more

NatWest updates lending policy to change LTI parameters

NatWest has implemented various changes to its lending policy including an update to its loan-to-income (LTI) parameters.  For capital and interest mortgages up to 75% loan-to-value (LTV), NatWest has increased its maximum LTI multiple to 5.5x income for a single applicant earning over £75,000 or joint applicants earning more than £100,000 combined.  For new build … Read more

German heat pump bonanza test industry’s resilience in Russian gas crunch

Breadcrumb Trail Links PMN Business Author of the article: Article content HOLZMINDEN — In a way, Stiebel Eltron has never had it so good. The heating manufacturer’s main factory has gone up to working 24 hours a day making the energy-efficient heat pumps that Germany needs to wean itself off Russian gas. But it also … Read more

DOLO-650 makers distributed freebies worth Rs 1,000 cr to doctors: FMRAI

The Central Board for Direct Taxes (CBDT) has accused the makers of the Dolo-650 tablet of spending Rs 1,000 crore to distribute freebies to doctors for prescribing the medicine. In the Federation of Medical & Sales Representatives Association of India (FMRAI) vs Union of India case, advocate Sanjay Parikh, representing FMRAI, said … Read more

Emails uncovered in Trident redlining probe show troubling proof of intent 

A senior loan officer posing with colleagues in front of a confederate flag. Loan officers exchanging company emails proclaiming: “Proud to be White.”  Mortgage officers swapping racist images and racial slurs while referring to some Philadelphia neighborhoods as “the hood,” or “ghetto.” Modern-day redlining takes many forms and — in the eyes of the Consumer … Read more

Broker profile: ‘the freedom to be out on the road’ – The Broker 3 – Insurance News

Melbourne-based Network Insurance Group Senior Account Executive Chris Prowse has no regrets after abandoning plans to be a dentist for a career in broking. ————————————— How did you pivot from dentistry to broking? I started working in insurance backwards. While I was finishing my science degree at university I was doing part-time claims handling at … Read more

1% of India’s adult population likely to be millionaires by 2030: Report

By 2030, India could house more than six million millionaires, which accounts for 1 per cent of its adult population, whereas China is expected to have around 50 million millionaires by 2030, according to a media report. According to HSBC Holdings Plc. report in Bloomberg, Singapore will take over Australia and have … Read more