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View all search resultsDoubling the equity limit for insurers and pension funds to 20 percent from currently 8 percent can be either a bold boost for market stability or a dangerous gamble with institutional solvency. However, "flexibility" might be a double-edged sword that threatens to undermine asset-liability matching and trigger a capital-requirement crisis.
With only 5 percent pension inclusion, the demographic bonus is on a collision course with an aging reality. It is time to stop blaming individual financial planning and start fixing a system that leaves 120 million workers behind.
Disaster risk reduction should be embedded in policymaking, especially industrial and spatial planning, to prevent economic activities from damaging the environment and thereby exacerbating the impacts of future calamities.
Tighter integration between banks, insurers and online travel portals could spur the pilgrim travel economy and give rise to products catering to individual travelers, balancing accessibility with consumer protection.
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