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China’s Omicron Outbreak Is Bad News for the Global Supply Chain

by AIP Online Bureau | Jan 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management

“The reality is that China remains the center of global manufacturing,”said Thomas O’Connor, a supply chain expert at Gartner Inc. in Sydney. “If there was significant manufacturing or logistic shutdowns in China associated with covid-related challenges, that would...

Aspen launches ESG integration initiative ‘Project Leaf’

by AIP Online Bureau | Jan 12, 2022 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management

By 2026, the project aims to see over two thirds (66%) of Aspen’s (Credit and Political Risk) CPR premium originating from transactions with a favorable ESG classification. A favorable classification is determined by exposure that has a positive ESG risk factor, for...
Government may seek Rs 15 trillion valuation for LIC, aims to file prospectus for IPO by Jan end

Government may seek Rs 15 trillion valuation for LIC, aims to file prospectus for IPO by Jan end

by AIP Online Bureau | Jan 12, 2022 | Indian News, Life, Policy

The government is still awaiting the completed valuation report, the people said, and projected valuations may change based on that. They added that LIC could be valued at as high as five times the so-called embedded value — higher than 3-4 times for most insurers...

No complete ban on cannabis, medical use allowed: Centre to Delhi HC

by AIP Online Bureau | Jan 11, 2022 | Health, Indian News, Policy

The petition, which is listed for further hearing in March, has challenged provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act which prohibit the use of cannabis and has contended that the drug has medicinal and industrial benefits. New Delhi: The...

Too soon to treat COVID-19 like flu as Omicron spreads – WHO

by AIP Online Bureau | Jan 11, 2022 | Health, International News, Pandemic

“At this rate, the Institute for Health Metrics and Evaluation forecasts that more than 50% of the population in the region will be infected with Omicron in the next 6-8 weeks,” Kluge said, referring to a research centre at the University of Washington...
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