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Facebook reverses policy, allows posts claiming that COVID-19 was made in a lab

by AIP Online Bureau | May 26, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

Social media giant Facebook has lifted its ban on content claiming about the origins of COVID-19, and theories about its possible lab creation, reports said. "In light of ongoing investigations into the origin of COVID-19 and in consultation with public health...

Cyber crime is growing risk to bank ratings: S&P

by AIP Online Bureau | May 26, 2021 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Singapore: The banking sector is becoming more exposed to cyber crime after Covid-19 pandemic accelerated digitalisation and remote working, S&P Global Ratings said on Tuesday. Cyber attacks can harm credit ratings mainly through reputational damage and...

Powerful cyclone Yaas destroys homes in India, forces airport closure

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Indian News

  A powerful cyclone destroyed tens of thousands of mud houses in eastern India on Wednesday, forcing the closure of the busiest regional airport in Kolkata, as it brought storm surges to coastal areas, the second such event within a week. Cyclone Yaas was...

Africa Specialty Risks unveils Parametric Underwriting Division

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  London: Africa Specialty Risks (ASR), the pan-African focused reinsurance group, is today pleased to announce the launch of its parametric division, alongside the appointment of Dr Raveem Ismail as Head of Parametric Underwriting and Ian Bishop as Parametric...

Trust Re appoints Yassir Albaharna as CEO

by AIP Online Bureau | May 25, 2021 | Indian News, Non-Life, Reinsurance

Bahrain based Trust International Insurance and Reinsurance Company B.S.C. (c) “Trust Re” announced the appointment of Yassir Albaharna as Managing Director and Group Chief Executive Officer. With a renowned international profile and wide marketing...
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