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World Bank seeks to unclog Cat Bond jam in emerging markets

World Bank seeks to unclog Cat Bond jam in emerging markets

by AIP Online Bureau | Dec 7, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Reinsurance

“Most of our transactions today have been either earthquake or hurricane,” said Bennett, referring to insured risks. “I think that will continue to be the largest, but certainly people are thinking about things like drought and flooding” Michael Bennett, head of...

Number of heart-related deaths rose more than sixfold during the COVID-19 pandemic: Africa’s biggest insurer

by AIP Online Bureau | Dec 7, 2022 | Eco/Invest/Demography, Health, Pandemic

“Analysis of our annual claims data reveals a visible and concerning increase in the incidence of deaths associated with cardiovascular disease among our client base,” said Guy Chennells, head of product at Discovery Employee Benefits, in a separate statement. There...

U’Khan HC imposes Rs 50,000 fine on Facebook for not replying to notice

by AIP Online Bureau | Dec 7, 2022 | Eco/Invest/Demography, Indian News

The court was hearing a PIL alleging that fake IDs were being created on Facebook and friend requests sent through them Nainital (U’khand): The Uttarakhand High Court on Wednesday imposed a fine of Rs 50,000 on Facebook for not replying to its notice in connection...

Common workplace fumes, dusts may heighten rheumatoid arthritis risk

by AIP Online Bureau | Dec 7, 2022 | Facts, Health, Workplace/Employee Benefits

It is well known that smoking increases a person’s risk of developing rheumatoid arthritis, but it is unknown what effect inhaling dust and fumes from the workplace may have According to research published online in the Annals of the Rheumatic Diseases,...
RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

by AIP Online Bureau | Dec 7, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

“The MPC was of the view that further calibrated monetary policy action was warranted to keep inflation expectations anchored, break core inflation persistence and contain second round effects,” said Shaktikanta Das,governor, RBI The MPC lowered its GDP growth...
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