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Climate change hitting fight against AIDS, TB and malaria

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, Features, Health

The increasing challenges of climate change and conflict mean the world is likely to miss the target of putting an end to AIDS, TB and malaria by 2030 without “extraordinary steps”, said Peter Sands, executive director of the Global Fund. Climate change...

Global banks expand maternity benefits to retain women in India

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, Health, Indian News, Workplace/Employee Benefits

Banks are hungry for talent in India. With US-China tensions growing, many global lenders are targeting the country, drawn by its fast-growing economy and burgeoning middle class Across India, global financial firms are expanding maternity benefits to include perks...

States reverting to old pension scheme fiscally unsustainable: RBI paper

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

The immediate gain for states shifting back to the OPS is that they will not have to spend on the NPS contribution of the current employees, but in the future, the unfunded OPS is likely to exert “severe pressures” on their finances, it said. Mumbai:...

Hong Kong 1-in-500 yr flood likely to have an earnings impact, may further pressure reinsurance renewals

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, International News

The impact on reinsurance pricing, which is already elevated, could make it too costly for some smaller companies. Offsetting factors include lower inflation in East Asia as compared with many other parts of the world, and supply chain normalization, which continues...

Blockchain analysts suspect North Korea-linked hackers behind $70 million crypto theft

by AIP Online Bureau | Sep 18, 2023 | International News, Risk Management, Technology

CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange’s crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a...
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