Kiambu Ruracio Disrupted as Two Uninvited Women Seek Bridegroom
If it wasn’t for her mother’s intervention, the two wouldn’t be married.
Source: kenyans.co.ke
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Performance and payment security in the mining industry: an alternative approach
There are various options open to mining companies seeking protection against non-performance by a contractor, and contractors seeking protection against non-payment by a client. By Tyron Theessen and Megan Jarvis* In the mining and construction industries, the non-performance of a contractor or ...
Source: miningnews.co.za
Another risk management tool in a volatile construction market
Private owners should seriously consider requiring the contractor to secure a performance bond when evaluating risks now inherent in construction projects.
Source: neworleanscitybusiness.com
Banks, corporates worried EU capital requirements shake-up will hurt trade finance
Proposed changes to the treatment of trade finance in the EU’s capital requirements regulations could push up financing costs for businesses and allow insurers a bigger slice of the guarantees market, banks and borrowers claim. The European Commission published the final text of its proposed changes to the Capital Requirements Regulation (CRR) in October last ...
Source: gtreview.com
IRDAI caps value of surety insurance contracts at Rs500 crore
The Insurance Regulatory and Development Authority of India (IRDAI) has capped the quantum of surety insurance contracts for an insurer at 10 per cent gross premium written subject to a maximum of Rs 500 crore per year.
Source: moneylife.in