Sounds exciting, don't it?
Ah, never mind. Yeah, it's a PR email. Maybe I should write about music instead. 'Come on, boss! Play the game.' All right, all right.
Proposed changes in regulations for infrastructure investment trusts likely to open alternate source for Indian insurers, says GlobalData.
Right.
The proposal to amend the regulations around the investments in infrastructure investment trusts (InvITs) is expected to open an alternate source of investments for Indian insurers and pension funds, according to GlobalData, a leading data and analytics company.
Yeah, yeah. Can we mention GlobalData again, please?
According to GlobalData's Insurance Database, the total investment income of Indian insurers is expected to decline by -2.7% in 2020 as compared to the 6.2% growth registered in 2019, primarily due to the highly volatile equity markets and uncertain market conditions due to The Thing.
Thanks!
Well, uh ... it's okay to talk about Indian finance for a change. When was the last time we had a post on Indian finance, Voice? 'Jesus! I don't know. Probably not since the days of Ganesh the elephant god.' Oh, I miss him! 'Really?' Yeah. He was a laugh. I always got on well with Ganesh. It was Big Herb I couldn't stand.
It's all water under the bridge now, anyway.
Right. Come on, Anjuli!
Anjuli, Insurance Analyst at GlobalData, comments: "As per the guidelines laid by the Insurance Regulatory Development Authority of India (IRDAI), insurers' investments in a single InvIT are presently capped at 5% and limited to listed equity securities. The proposed changes in regulations are expected to increase the cap for insurers and enable them to invest in debt securities issued by InvITs.
"The gradual opening up of the economy and revival in business activity is expected to partially stabilize the investment income for insurers in 2021. By investing insurance and pension funds into debt securities of InvITs, insurers can potentially limit the investment exposure to riskier assets amid highly volatile market conditions."
Oh, okay. Thanks, Anjuli.
ENDS
...
Anything else? Music?
Have U2 got a decent BIG TEN? That's a good question. Let's find out!
One
Beautiful Day
Who's Gonna Ride Your Wild Horses
The Unforgettable Fire
Pride (In The Name Of Love)
With Or Without You
Where The Streets Have No Name
Staring At The Sun
Mysterious Ways
I Still Haven't Found What I'm Looking For
Yeah, pretty good!
Oh, by the way, I've gone off R.E.M., man. Their BIG TEN - if I could be bothered, like - would be nowhere near Beatles, Oasis, and U2.
I still really like Losing My Religion though. And Electrolite. I wouldn't mind listening to the latter now, but I've got The Sweeney on TV.
Ha! There's a lot of mugs in this episode. 'It's normally slags, boss.' I know. A change is as good as a rest, I suppose.
"Shut it, you slag!"
They don't make characters like Jack Regan no more.
The funny thing is ... we all know that the reality of the real world hasn't changed. It's just that TV executives refuse to show it these days. I think The Inbetweeners was the last TV programme that showed people having realistic conversations.
Well, well ...
Well, later(s), crocodile(s)!
