Personal Finance (Page 73)


firms reported a 14 per cent increase in the premium collection to Rs 1.73 trillion during April-February this financial year, according to the Regulatory and Development Authority of India (Irdai) data.


As many as 34 companies had collected a total premium of over Rs 1.52 lakh crore in the same period of 2018-19.



Public sector insurance firms witnessed a rise of 11 per cent in their premium income at Rs 76,369.72 crore during the first 11 months of 2019-20, the data showed.


The two specialised public sector companies, AIC and ECGC, reported a 25 per cent jump in the collection at Rs 10,032.72 crore in the period.


Private sector providers collected a total premium of Rs 97,072 .18 crore during April-February 2019-20, up by 17 per cent a year ago.

In recent years, cause-related marketing campaigns — based on a firm’s support of social issues — have become key components of corporate social responsibility (CSR) efforts. And with good reason: In a recent survey, 80 percent of global consumers said they thought businesses should play a role in addressing social problems. Accordingly, spending on cause-related marketing has grown from US$816 million in 2002 to $2.14 billion in 2018.

Business leaders can be a powerful force for good — especially during a crisis. As leaders forge their way through the challenges COVID-19 is bringing and plan for what is likely to be an extended recovery, it’s important for them to be aware of the strengths and limitations of cause-related marketing.

Generally, there are two approaches to cause-related marketing: making monetary donations and providing in-kind donations (the latter involves contributing products, services, or expertise).

Past research has suggested cause-related marketing efforts


I already have a standard policy. There is a lot of fear about the epidemic. Will my standard policy cover me for it?


is an infectious disease and hospitalisation on account of such conditions is generally covered under most health policies. For more detailed information, go through the policy documents issued to you. You can also contact your insurer for greater clarity.



I am a freelance movie maker. I live in Bengaluru and have irregular and lumpy income. Do I need a policy? I am already covered by my spouse’s office insurance. My parents passed away due to cancer and heart disease.


The provided by your spouse’s employer will be available only till your spouse is employed. It is always advisable to buy a separate health policy that will

At one of the world’s most respected manufacturers — a company known for innovation and employee engagement — the CEO was asked recently about his greatest concerns about the enterprise. “We lack leadership capacity,” he said. The company was entering an intensive phase in its quest to become digitally adept, seeking to master new technology, and it had not made enough progress in improving its employees’ skills or connecting with customers through digital channels. “We need our top executives, in particular, to be better at thinking long-term and driving meaningful change.”

The problem, he added, was not so much a lack of technological acumen as a lack of connection between the company’s formal leaders (those with the highest-ranking positions) and their employees and customers. These senior executives needed to demonstrate that they could stay on top of today’s complex challenges. Only then would employees feel confident enough to really invest


The past week has been akin to a roller coaster ride for the Indian stock markets as the US-Iran standoff raised temperatures in West Asia and sparked fears of an all-out war. The year gone by was no less turbulent, as fears of an in India took a toll on stock prices.


According to industry experts, equity markets are likely to remain volatile even in 2020, owing to factors such as weak earnings, elections in key state such as Delhi and Bihar, the US-China trade war, and the announcement of a new Brexit deal. While the large-cap indices have managed to show decent returns over the past year, mid- and small-cap stocks are still struggling to make a comeback. Which brings us to the question often posed by investors: How to navigate volatility? The answer: Understand, plan and ignore.


Jakarta, Indonesia, is a sprawling city of more than 30 million people. Like many other burgeoning capitals, it has a housing problem. Rents downtown are high, despite the fact that hundreds of thousands of properties are unoccupied. This forces people to travel many miles to get to work from the suburbs. Christina Suriadjaja saw this as an opportunity. In 2017, she pivoted her new company, Travelio.com, into the real estate management business, creating a platform offering short-term and long-term fully furnished rentals. Today Travelio represents more than 4,000 properties on an exclusive basis and earns 20 to 35 percent of the rental income they generate. It’s a success story with a twist: Christina is the 28-year-old daughter of Johannes Suriadjaja, owner of PT Surya Semesta Internusa, a US$300 million commercial property, construction, and hospitality company — and she was expected to enter the family firm, not start one of her