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Highly transmissible Covid Delta variant detected in 96 countries, says WHO

by AIP Online Bureau | Jun 30, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

The Delta variant, also referred to as a "double mutant" because it carries two mutations, is 55 per cent more transmissible than the Alpha variant (initially detected in the United Kingdom) and will rapidly become the dominant strain of coronavirus...

Covea eyes take over of AXA XL Re

by AIP Online Bureau | Jun 29, 2021 | International News, Non-Life, Reinsurance

  Paris: After failing to take over SCOR and Partner Re, French based Covéa insurance group is now targeting the acquisition of Bermuda based AXA’ XL Re , AXA's non-life reinsurance operations, French insurance...

Devas joins Cairn Energy in trying to seize Air India’s overseas assets

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Devas Multimedia Pvt., a company seeking over $1.2 billion it won in international arbitration from India, has joined Cairn Energy Plc in seeking to seize Air India Ltd.’s assets abroad. Calling the flagship airline an “alter ego” of the Indian state...

17 pc dip in average fresh COVID-19 cases since 2nd Corona wave peak in May, says Union Health Ministry

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The number of COVID-19 cases has declined continuously since India reported its peak of the second wave on May 7, an Union Health Ministry official said on Tuesday. "With continued efforts of containment, there has been a constant decline in...

Twitter faces three police cases amid growing challenges in India

by AIP Online Bureau | Jun 29, 2021 | Indian News, Risk Management, Technology

  New Delhi: Police in India have registered three new cases against Twitter Inc for allegedly hurting sentiments and promoting child pornography, marking an escalation in the row between the U.S. firm and Indian authorities. Police in the states of Uttar Pradesh...
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