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Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB

Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Pandemic, Pension & Social Security

In a new report released on Thursday, the ADB said an estimated 155.2 million people in developing Asia, or 3.9% of the region’s population, lived in extreme poverty as of last year, 67.8 million more than would have been the case without the health and...
AstraZeneca facing two London lawsuits over COVID-19

AstraZeneca facing two London lawsuits over COVID-19

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

Anish Tailor, whose wife Alpa died in March 2021 after receiving her first dose of the vaccine, filed a product liability claim against AstraZeneca at London’s High Court on Aug. 4, according to court records AstraZeneca is facing a similar lawsuit from Jamie Scott,...
Cryptoassets increase risk in developing economies: BIS study

Cryptoassets increase risk in developing economies: BIS study

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

“Cryptoassets hold out the illusory appeal of being a simple and quick solution for financial challenges” especially in emerging markets, but “have so far not reduced but rather amplified the financial risks in less developed economies,” the BIS report showed...

More than one-third of desks in offices around the globe are unoccupied all week: Report

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Workplace/Employee Benefits

“It’s time to rethink the humble desk.They dominate space in our offices, they’re expensive and we’re just not using them the way we were pre-pandemic. Companies just need less of them now that people do the majority of their focus work at home. Companies should...

Insurers raise premiums for Black Sea tankers as tensions mount – traders

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The war risk premium was increased from around 1% of the cargo’s cost to some 1.20-1.25%, the traders said The increase means every voyage will cost $200,000 per one Suezmax tanker (can carry 120,000-200,000 tonnes) more if Russian oil is delivered to India. The rise...
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