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PICA reinsures £6bn of longevity risk for unnamed scheme RSS Feed Our RSS feed is provided for personal use. Re-publication of Professional Pensions articles via RSS on another website is a breach of copyright and is prohibited. If in doubt please contact us.RSS feed Most popular content Events Industry Voice Guides If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. It is the fourth largest ever UK longevity swap The Prudential Insurance ...

Usha International bullish on demand to achieve growth in fan sales SECTIONS Last Updated: Mar 10, 2021, 05:22 PM IST Share Synopsis Demand for fans has been increasing in the rural markets and small towns mainly due to the migration of labourers to their native places in the wake of the COVID-19 pandemic and an improvement of the living standard of people in these areas, an official said. Agencies According to industry estimates, around 50 lakh fans are sold every month in the country. After witnessing a 20 per cent growth in sales during the post-lockdown months, leading fan manufacturer U...

Long-term Covid uncertainty makes longevity hedging more valuable The uncertainty surrounding the potential impact of so-called long Covid and behavioural changes heightens the need for schemes to increase their longevity hedging, says Prudential Financial. While most schemes will have seen a limited change in liabilities directly due to the mortality effects of the pandemic, the longer-term consequences of the pandemic on younger generations is unclear. Fatalities due to the disease have largely affected the most elderly parts of the population or those with existing co-morbidities, with the...

MIAMI – Indian regional airlines Star Air (OG), Alliance Air (9I), TruJet (2T), Air Heritage (4H) and Zoom Air (ZO) are ready to resume full operations in 2021. Though Bangalore-base commuter airline OG, Air India’s (AI) subsidiary 9I and Hyderabad-based 2T have begun flying again, plans are being made by Heritage Aviation’s 4H and New Delhi-based scheduled carrier ZO to restart services. After flights were interrupted due to the pandemic, all these airlines took a hit and still face problems such as lack of preparation, mismanagement of their fleets routes that are not viable. Star Ai...

Pandemic, early winter fuels online sale of appliances Unlike previous years, where consumers would visit stores to make purchases, there has been a significant shift towards online purchases on account of coronavirus pandemic Nidhi Singal | December 30, 2020 | Updated 00:07 IST Pandemic COVID-19 along with the early onset of winters across the country has derived demand for winter appliances such as geysers, water heaters, immersion rods, and room heaters. Unlike previous years, where consumers would visit stores to make purchases, there has been a significant shift towards online purchases...