by AIP Online Bureau | Oct 6, 2022 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy
According to the federal government’s estimate, the floods have caused a collective loss of more than USD 40 billion Islamabad: The Asian Development Bank on Wednesday announced that it will provide USD 2.3 to 2.5 billion for relief operations in the wake of...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, Facts, Health
By 2030, one in four Singaporeans will be aged 65 and above, up from one in six today. Singapore is ramping up the nursing homes’ bed capacity to 31,000 beds by 2030 from 16,200 now One key challenge for Singapore is to find enough foreign nurses to supplement...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Technology
The changes will enable telcos to share government-issued identification documents with banks to allow them to implement enhanced monitoring for customers impacted by data breaches Australia on Thursday proposed an overhaul of consumer privacy rules that will help...
by AIP Online Bureau | Oct 6, 2022 | International News, Non-Life, Reinsurance
While AM Best expects premium revenue to increase, mainly driven by fire, personal accident and other specialty insurance, it is probable that underlying underwriting profit will contract from a higher loss ratio for voluntary automobile insurance. Potentially higher...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
The COVID-19 pandemic marked a historic turning point after decades of poverty reduction, the report said, with 71 million more people living in extreme poverty in 2020. That meant 719 million people – or about 9.3% of the world’s population – were...
