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As US wildfire threat grows, insurance capacity shrinks

by AIP Online Bureau | Jul 22, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  Excessive heat and drought conditions, combined with other adverse weather conditions, spawned a damaging series of wildfires in the western U.S., a trend that could have a significant impact on the property and casualty insurance market. The National...

Aki Hussain to succeed Bronek Masojada as Group Chief Executive in Hiscox

by AIP Online Bureau | Jul 22, 2021 | International News, Non-Life, Reinsurance

Hamilton: Specialist global insurer Hiscox announces today that after 21 years as Group Chief Executive, Bronek Masojada has informed the Board of his intention to retire at the end of the year. Following a thorough succession process, the Board has appointed Aki...

J&J forecasts $2.5 bln in 2021 COVID-19 vaccine sales, sets lower production target

by AIP Online Bureau | Jul 22, 2021 | Health, International News, Pandemic

  Johnson & Johnson on Wednesday forecast $2.5 billion in 2021 sales for its COVID-19 shot and set a lower production target for the vaccine as lengthy manufacturing problems took a toll. The company now expects to produce 500 million to 600 million doses of...

3523 Air India employees affected by Covid of which 56 died: Centre to LS

by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life, Workplace/Employee Benefits

  New Delhi: As many as 3,523 employees of Air India Ltd were affected by the COVID-19 pandemic, including 56 who succumbed to the viral infection, the Centre informed the Lok Sabha today. While giving a written reply to Congress MP Ravneet Singh Bittu's...

No likely impact of Cairn and Devas lawsuits on its Air India’s disinvestment process: Govt

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: Air India is a separate corporate entity with its own management and board so there is ''no likely impact'' on its ongoing disinvestment process due to the lawsuits filed by Cairn Energy and Devas Multimedia in the US court, Minister...
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