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World reaches ‘tragic milestone’ of one million COVID-19 deaths so far in 2022

by AIP Online Bureau | Aug 26, 2022 | Health, International News, Non-Life, Pandemic, Policy

In January, WHO and partners launched the COVID-19 Vaccine Delivery Partnership, focused mainly on the 34 countries that were at or below 10 per cent coverage. All but six are on the continent Today, only 10 countries still have less than 10 per cent coverage, most of...

Max Life Insurance enters pension fund management biz; its arm secures licence from PFRDA

by AIP Online Bureau | Aug 26, 2022 | Indian News, Life, Pension & Social Security, Regulation

Set up with initial capital of Rs 50 crore, the fund manager is expected to begin its operation in October, Max Life managing director and CEO Prashant Tripathy told PTI New Delhi: Max Life Insurance Company on Friday said it has ventured into the pension fund...

China’s fragile economy is being hammered by driest riverbeds since 1865

by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Yangtze’s retreating water levels have snarled electricity generation at many key hydropower plants, sparking energy chaos across parts of the country. Mega cities including Shanghai are turning off lights, escalators and cutting back on air conditioning. Tesla Inc....
Korea shatters its own record for world’s lowest fertility rate

Korea shatters its own record for world’s lowest fertility rate

by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Facts, International News

Korea is the world’s fastest-aging nation among economies with per capita GDP of at least $30,000, according to United Nations global population projections and World Bank data. By 2100, its population will fall by 53% to 24 million, up from a 43% decline forecast in...

Russian coal exports face European insurance ban

by AIP Online Bureau | Aug 26, 2022 | International News, Non-Life, Policy, Reinsurance

While Russian coal miners started re-directing volumes to Asia long before the ban came into force, the shipowners typically reinsure their risks with bigger providers that can no longer cover such exports. The companies are looking at other options, but those will be...
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