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Covid-19 still public health emergency of international level: WHO

by AIP Online Bureau | Oct 20, 2022 | Health, International News, Non-Life

The committee recommended that there should be three key priorities in the future: strengthening surveillance and achieving vaccination targets for at risk-groups; continuing to increase access to affordable therapeutics; and strengthening pandemic preparedness...

RCap Administrator seeks to reconstruct Reliance Capital into 4 core investment companies

by AIP Online Bureau | Oct 20, 2022 | Indian News, Life, Non-Life, Regulation

The sole objective of reconstructing RCap CIC into four CICs is to help select bidders of RCap’s insurance businesses circumvent the IRDAI guidelines related to the five-year lock-in period Mumbai: In a surprise move, the Reliance Capital (NS:RLCP) (RCap)...

Natural disasters cost global economy over $227 billion till Q3 2022: Aon Cat Report

by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Michal Lörinc, head of catastrophe insight in Aon’s Impact Forecasting team, said: “It is anticipated that there will be robust loss development across many of the reported natural catastrophes, especially with the realization of costs associated with recent tropical...

CCI slaps penalties totalling Rs 392 cr on MakeMyTrip, Goibibo, OYO

by AIP Online Bureau | Oct 19, 2022 | Indian News, Non-Life, Regulation

Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. Under such pacts, the hotel partners are not allowed to sell their rooms on any other platform or on its own online portal at a price below the price at which it...

Maharashtra: 18 cases of XBB sub-variant of Omicron detected in 15 days

by AIP Online Bureau | Oct 19, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

It said 15 out of these 20 cases (18 of XBB and one each of BQ.1 and BA.2.3.20) were vaccinated against COVID-19 while information on the rest five cases is to be received New Delhi:At least 18 cases of XBB sub-variant of Omicron have been reported in Maharashtra in...
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