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Fitch rates its first natural disaster clause Sovereign Bond

by AIP Online Bureau | Oct 24, 2022 | Disaster & Management, Eco/Invest/Demography, International News

`On 20 October we assigned a rating of ‘B’ to Barbados’s US dollar-denominated global bonds maturing on 1 October 2029. The issue includes provisions for payments to bondholders to be deferred for up to two years in the event of a pre-defined natural disaster. This is...

IRDAI forms panel to design a women centric distribution channel and parametric cover for rural population

by AIP Online Bureau | Oct 24, 2022 | Eco/Invest/Demography, Indian News, Intermediaries, Technology

The committee within 21 days will also explore and recommend on how to bring about synergies in the working and operations of Bima Vahak, Bima Vistaar and the digital platform – Bima Sugam Hyderabad: As the IRDAI is taking up various regulatory reforms towards...

Foreign investors turn net sellers in India for second straight month

by AIP Online Bureau | Oct 24, 2022 | Data, Eco/Invest/Demography

Tightening monetary policy in advanced economies including rising demand for dollar-denominated commodities, and strength in the US dollar had triggered a consistent outflow of funds from Indian markets. Investors typically prefer stable markets in times of high...
Uganda reports worrisome increase in Ebola cases in capital

Uganda reports worrisome increase in Ebola cases in capital

by AIP Online Bureau | Oct 24, 2022 | Eco/Invest/Demography, Facts, Health, Policy

There is no proven vaccine for the Sudan strain of Ebola that’s circulating in Uganda. Ugandan officials by Thursday had documented more than 1,800 Ebola contacts, 747 of whom had completed 21 days of monitoring for possible signs of the disease that manifests...
Climate change becomes the number one risk in all geographies: AXA Report

Climate change becomes the number one risk in all geographies: AXA Report

by AIP Online Bureau | Oct 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Thomas Buberl, CEO, AXA Geopolitical risks come in second place, overtaking cyber and pandemic risks. 95% of the experts surveyed expect geopolitical tensions to persist and spread throughout the world. As an indirect consequence, energy-related risks are now in...
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