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21.5% of population showed evidence of past exposure to COVID in latest national serosurvey: Govt

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Over 21 per cent of the population, aged 10 years and above, showed evidence of past exposure to COVID-19 in the ICMR's latest national serosurvey, the government said on Thursday, noting that a large proportion of people are still vulnerable to...

Airfare bands not permanent; will be done away with once normal flight operations resume: Civil Aviation Sec

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Airfare bands are not going to be permanent and will be done away with as soon as normal flight operations resume, Civil Aviation Secretary Pradeep Singh Kharola said on Thursday. His comments come against the backdrop of restrictions in place on...

Property Cat Bond Placement reaches a record $ 11 billion in 2020: Aon report

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Chicago: There was a total of $ 11 billion of property cat bond limit placed, the highest on record in 2020 in comprasion with $ 5.4 billion placed in 2019. This represents a 104% increase year on year, exceeding annual maturities of $9 billion, according to a...

McKinsey to pay $573 million to settle claims over opioid crisis role: Report

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Health, International News, Risk Management

  Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus US states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter. The...

LIC IPO may hit market in Q4 of next fiscal: DEA Secretary Tarun Bajaj

by AIP Online Bureau | Feb 3, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: The initial public offering of LIC may hit the market in the fourth quarter of next financial year, and the government has introduced amendments to the Life Insurance Corporation Act 1956 to facilitate this, Economic Affairs Secretary Tarun Bajaj...
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