March 15, 2021
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In the post Covid-19 world, life insurers are now looking to ride on changed consumer preference to guaranteed income products. They have now realised that the masses, especially in interior India, have turned risk averse and want to be shielded from market and interest rate volatility, thereby favouring products that assure guaranteed income, according to industry players.
For instance, Canara HSBC Oriental Bank of Commerce Life Insurance, whose new business from guaranteed products for FY 19-20 and April-December 2020 stood at healthy 35 per cent for both years, has recently rolled out its fifth guaranteed product, Guaranteed Income4Life.
It is a non-linked, non-par individual life insurance savings-cum-protection plan which not only offers an individual the opportunity to secure his/her life but also allows one to have regular income to take care of both long-term and short-term financial goals, said Akshay Dhand, Appointed Actuary, Canara HSBC Oriental Bank
The Minnesota Department of Commerce is now offering an online option for licensing candidates to take their pre-license examinations in real estate or insurance. The online examination makes licensure more
Predator announces placing to raise GBP 1.785 million
15 Mar 2021
Predator Oil & Gas Holdings has conditionally placed 17 million new ordinary shares of no par value in the Company at a placing price of 10.5 pence each to raise
£1,785,000 (before expenses).
The Placing was significantly oversubscribed and utilises much of the Company s existing headroom shares under the Financial Conduct Authority restrictions for companies on the Official List (standard listing segment) of the London Stock Exchange s main market for listed securities.
Novum Securities are acting as sole placing agents to the Company.
Use of Proceeds
During the past 12 months of COVID-19, the Company has been able to focus on successfully developing its projects to a stage where substantive operational progress has been made and results achieved. Additional business development opportunities have been created as the direct result of the progress made during this period.