Q4 results today: BHEL, NMDC, JK Tyre, Sheela Foam, Arvind Fashions, and Religare among 28 companies to report earnings

Q4 results on May 21: At least 28 companies are scheduled to announce their FY24 fourth quarter (Q4) financial results today, on Tuesday, May 21.

Also Read | Q4 results this week: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings


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Source: https://www.livemint.com/market/stock-market-news/q4-results-today-bhel-nmdc-jk-tyre-sheela-foam-arvind-fashions-religare-among-28-companies-to-report-earnings-on-may-21/amp-11716253678431.html

Florida’s 125% Surge in Property-Insurance Bills Sows Havoc

(Bloomberg) — For Filicia Porter, the insurance bills were the final straw. They’d been climbing steeply for her assisted-living business as Florida was battered with ever more-powerful storms, and eventually, the numbers stopped adding up.Most Read from BloombergSo in March, she finally decided to call it quits, shutting the facility near Palm Beach that she opened just two years ago. That came four months after she closed an older location in Port St. Lucie, opened in 2017. Together,…
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Source: https://finance.yahoo.com/news/florida-125-surge-property-insurance-113009251.html

The Rise of Low-Code Solutions

This post is part of a series sponsored by Dyad.
Technology is crucial in propelling innovation and efficiency within the constantly evolving insurance technology (InsurTech) sector. One of the most notable advancements in recent years has been the emergence of low-code solutions in InsurTech, revolutionizing how insurance companies develop and deploy software applications
Low-code platforms empower InsurTech companies by offering a visual development approach that minimizes the…
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Source: https://www.insurancejournal.com/blogs/dyad/2024/05/20/774762.htm

Nominations open for DE&I award

Business Insurance is accepting nominations for the 2024 Alonzo Herndon Award, which recognizes an individual dedicated to supporting diversity and inclusion efforts in the insurance industry.

The award program, launched in 2021, is named in honor of a visionary businessman who, more than 100 years ago, founded Atlanta Life Insurance Co., one of the United States’ largest and most successful Black-owned businesses.

Mr. Herndon was born into slavery in 1858 and…
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Source: https://www.businessinsurance.com/article/20240520/NEWS06/912364569/Nominations-open-for-DE&I-award-2024-Alonzo-Herndon-Award

Upstox enters Indian insurance space with HDFC Life as first partner

Upstox, an Indian fintech platform backed by Ratan Tata, has ventured into the insurance distribution sector, marking the company’s expansion beyond its traditional stock and mutual fund offerings.HDFC Life has become one of the first insurers to collaborate with Upstox, introducing its term insurance plans on the fintech platform.The company currently provides term life insurance options and is set to introduce health, motor and travel insurance products shortly.In India, insurance…
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Source: https://finance.yahoo.com/news/upstox-enters-indian-insurance-space-143727575.html

Aviva, Scottish Widows and Mintago join Dashboard Operators Coalition | News

Aviva, Scottish Widows and Mintago have joined the coalition of potential dashboard operators that will collectively work with the UK government and regulators to help support the successful launch of dashboards for consumers.
The three firms join Just Group, Legal & General, Moneyhub and Standard Life who joined forces back in March to launch the Dashboard Operators Coalition (DOC).
Having originally agreed to work with the Pensions Dashboards Programme (PDP) as a volunteer participant,…
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Source: https://www.ipe.com/news/aviva-scottish-widows-and-mintago-join-dashboard-operators-coalition/10073361.article

Erste Bank Hungary launches Flight Delay Insurance service

Austrian financial service provider Erste Bank Hungary has announced the launch of Flight Delay Insurance, a service available for customers in the George app. 
By launching the insurance solution, Erste Bank intends to protect its customers’ travel plans from departure delays. Enabled by insurtech Companjon, the service automatically monitors the covered flight’s status and triggers a claim for USD 45 (HUF 16,000) compensation when the delay reaches one hour. Being available…
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Source: https://thepaypers.com/online-mobile-banking/erste-bank-hungary-introduces-flight-delay-insurance-service–1268184

What to do with Tata Motors, Mamearth and 4 other stocks? Religare Broking’s Ravi Singh decodes

From a technical analysis perspective, the Nifty index appears to have strong momentum. If the positive sentiment persists, it is plausible to see the index testing its previous highs around the 22800 levels, Dr Ravi Singh, Senior Vice President, Retail Research at Religare Broking said. This analyst spells out the strategy in the previous week’s major movers viz. Hindustan Zinc, Tata Motors, Honasa Consumer (Mamaearth), and three more stocks. Here’s what he recommends:It was a good week…
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Source: https://m.economictimes.com/markets/expert-view/what-to-do-with-tata-motors-mamearth-and-4-other-stocks-religare-brokings-ravi-singh-decodes/amp_articleshow/110260999.cms

Upstox Ventures Into Insurance Distribution, Welcomes HDFC Life As Inaugural Partner – BW Businessworld

Upstox Ventures Into Insurance Distribution, Welcomes HDFC Life As Inaugural Partner  BW BusinessworldUpstox forays into insurance distribution  EntrackrUpstox enters insurance distribution business to simplify wealth management  MoneycontrolUpstox enters insurance distribution business  The Economic TimesUpstox enters insurance distribution space, adds HDFC Life as its first insurance partner  The Financial Express
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Source: https://businessworld.in/article/upstox-ventures-into-insurance-distribution-welcomes-hdfc-life-as-inaugural-partner-520280

Staying ahead of the curve: Innovative leadership in the ever-changing insurance landscape

The insurance industry today has become quite complex with a lot of moving and changing parts, as the industry adapts to new realities. It is like a child navigating a jungle gym in a hurricane.
technologies are emerging, customer expectations are increasing, regulations are shifting, and risks are evolving faster than ever.
In this very dynamic environment, Coronation has stayed on course and has thrived in navigating through this complex web through innovative leadership.  We have…
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Source: https://nairametrics.com/2024/05/20/staying-ahead-of-the-curve-innovative-leadership-in-the-ever-changing-insurance-landscape/?amp=1