by AIP Online Bureau | Jun 4, 2019 | Eco/Invest/Demography, Health, Indian News
NEW DELHI: The deadly brain-damaging Nipah virus has resurfaced in the southern Indian state of Kerala a year after it killed 17 people, state officials said on Tuesday. A 23-year-old student tested positive for the virus, which is transmitted to humans through...
by AIP Online Bureau | Jun 3, 2019 | International News
Singapore: Asia Pacific waters remain the top shipping loss region, accounting for 45 per cent of losses globally in 2018, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes...
by AIP Online Bureau | Jun 3, 2019 | Disaster & Management, International News, Reinsurance
Paris: SCOR has successfully sponsored a new catastrophe bond (“cat bond”), Atlas Capital UK 2019 PLC, which will provide the Group with multi-year risk transfer capacity of USD 250 million to protect itself against named storms in the U.S.,...
by AIP Online Bureau | Jun 3, 2019 | International News, Non-Life, Reinsurance, Risk Management
Singapore: Shipping and maritime insurers have already started charging war risk premiums in the waters around the Middle East bunkering hub of Fujairah after the insurance coverage area was expanded to include the Persian Gulf and the Gulf of Oman, according...
by AIP Online Bureau | Jun 3, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
NEW DELHI: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it...