January 9, 2021

The future of leadership in a stay-at-home economy.

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For the past ten years, I’ve been fortunate enough to work remotely and managed teams who do the same for over two decades. As a result I was prepared for 2020’s exodus from the office. I made the important decision to live in Northern California, away from the major tech hubs of and not once did I feel like my career path was stifled. In fact, I was promoted to my current role as CMO while working from home. Based on my experience, I’ve outlined three key things for other to consider as we approach this


The regulator has maintained the obligatory cession of each policy that is to be reinsured with an Indian reinsurer at 5 per cent for the financial year FY21.


“The percentage cession of the sum insured on each policy to be reinsured with the Indian re-insurer(s) shall be 5 per cent in respect of insurance attaching during the financial year beginning from 1st April, 2021 to 31st March, 2022, except the terrorism premium and premium ceded to Nuclear Pool, wherein it would be made ‘NIL’.



More importantly, the entire obligatory cession has to be reinsured with India’s largest reinsurer, General Insurance Corporation of India (GIC Re).


Obligatory cession refers to the part of the business that have to mandatorily cede to the national reinsurer, Basically, insurers have to cede 5


Economists have cautioned the government against rising protectionism and urged it to reduce customs duties on certain items in the Budget for 2021-22.


“Economists gave varied suggestions. One of them was to lower some of the import duties. We should be more outward-looking than inward-looking,” a source said.



The remarks assumed importance as the World Trade Organization (WTO) has taken up the trade policy review of India where hikes in customs duties have emerged as one of the major topics. A WTO report said India’s average tariff had increased to 14.3 per cent in 2020-21 from 13 per cent in 2014-14.


In a virtual interaction with the prime minister ahead of the Budget, one of the economists even wanted India to join the Regional Comprehensive Economic Partnership.


Economists suggested how to bring growth back to normal. That


Buoyed by global cues, the benchmark indices rose on Friday, marking their tenth successive week of gains, the longest such streak since June 2009. The benchmark Sensex gained 689 points, or 1.43 per cent, reaching a fresh record of 48,782 points, and the Nifty rose by 210 points to end the session at a record 14,347.


Optimism surrounding the roll out of vaccines and hopes of more stimulus in the United States of America aided the rally. Investors seems to have been enthused by the roll out of Covid-19 vaccination drive in India and the formal confirmation of as the US president, with the Democratic Party gaining a majority in the Senate, which stoked hopes of more stimulus from the



across the globe also rose ahead of a key job’s data report. Forecasts have shown