5 result(s) for “Insurance”
Manulife has closed a reinsurance transaction transferring biometric risk on a block of long term care policies with roughly USD 3.2 billion of reserves to Munich American Reassurance Company. The deal reduces Manulife’s sensitivity to long term care morbidity while remaining largely capital neutral.
From October 1, 2026 Austria reclassifies many 25 km/h electric two wheelers as L1e-B mopeds, requiring registration, insurance, a driving licence and helmet use, and banning them from cycle lanes. Authorities and rider groups warn of enforcement and compliance challenges for couriers and older users.
The Reserve Bank of India has net sold Rs1 trillion of government debt so far in the current fiscal year, the largest annual net sale in more than a decade. The move is draining surplus rupee liquidity, pressuring government yields and increasing the likelihood of an interest rate rise at the upcoming policy meeting.
The Union Cabinet approved a formal shift to composite caps for foreign investments, collapsing different foreign holding categories into a single sectoral ceiling. Officials and market participants say the move is intended to reduce regulatory friction and speed foreign capital flows into manufacturing, insurance and other strategic sectors.
The U.S. Treasury said it will buy up to $6 billion of longer dated securities in a buyback operation, a step officials say is aimed at improving market functioning even as investors question how much it will slow the rise in long term yields.