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AIA : posts first annual drop in new business value since listing


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March 12 (Reuters) - Insurer AIA Group Ltd said on
Friday new business value dropped 33% last year, the first
annual fall since its 2010 listing in Hong Kong, weighed by
lower demand for new policies during the COVID-19 pandemic.
AIA s value of new business (VONB), which measures expected
profits from new premiums and is a key gauge for future growth,
fell to $2.77 billion in 2020, from $4.15 billion a year
earlier, according to its earnings statement.
Analysts had expected VONB at the Hong Kong-based company to
fall 26.7% to $3.04 billion, according to Refinitiv data.
(Reporting by Alun John in Hong Kong and Shashwat Awasthi in ....

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Weighing in on ADA's Single Integrated Employer Test


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First Circuit Weighs in on ADA’s ‘Single Integrated Employer’ Test and Reckless Indifference Standard for Punitive Damages
Friday, March 12, 2021
In 
Burnett v. Ocean Properties, Ltd., et al., the First Circuit Court of Appeals upheld a jury verdict for the plaintiff in his failure to accommodate claim under the Americans with Disabilities Act (ADA) and the Maine Human Rights Act (MHRA). The court’s opinion provides a useful reference for the “single integrated employer” test for liability under the ADA. More significantly, it is an important reminder for employers regarding how seriously to evaluate accommodation requests, how promptly to respond to them, and how informed employees should be throughout the process. The First Circuit’s ruling shows that the consequences of failing to adequately respond to accommodation requests could lead to a finding that the employer acted with reckless indifference and is liable for punitiv ....

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Innophys to Launch Promotional Campaign for Wearable Work-assisting Robotic Suit MUSCLE SUIT Every in Taiwan

Innophys to Launch Promotional Campaign for Wearable Work-assisting Robotic Suit MUSCLE SUIT Every in Taiwan
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Osaka Gas Co., Ltd. and Sojitz Corporation: Fuel Switching Business at Food Plants in Vietnam

Osaka Gas Co., Ltd. and Sojitz Corporation: Fuel Switching Business at Food Plants in Vietnam
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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