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Chinese province launches insurance for businesses hit by coronavirus

by AIP Online Bureau | Feb 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life

  China’s southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.   The scheme has...

Paracetamol prices jump 40% in India as coronavirus epidemic shuts down China

by AIP Online Bureau | Feb 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

NEW DELHI : The world’s second-most populous nation is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong.   Prices of paracetamol, the most commonly used analgesic,...

Coronavirus could hamper $2.24 billion in Indian solar projects: Crisil

by AIP Online Bureau | Feb 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  Mumbai: Indian solar power projects worth $2.24 billion are at risk of higher costs, including fines, due to the coronavirus outbreak in China — a major supplier of modules, the local arm of ratings agency Standard and Poor's said on Monday.  ...

No proposal to merge LIC Housing Finance with any other entity: LIC

by AIP Online Bureau | Feb 17, 2020 | Banking & Bancassurance, Indian News, Life

  Mumbai: Life Insurance Corporation on Monday said there is no proposal to merge its subsidiary LIC Housing Finance Ltd (LICHFL) with any other entity.   The statement came after some reports suggested that insurance behemoth LIC might expedite the process...

Tech Mahindra and Virsec collaborate to deliver advanced Cybersecurity Solutions to customers globally

by AIP Online Bureau | Feb 17, 2020 | International News, Risk Management, Technology

  San Francisco: Tech Mahindra Ltd., announced a collaboration with Virsec, a US based cybersecurity company delivering a radically new approach to protect against advanced targeted attacks. The organizations are working to provide first-of-its-kind cybersecurity...
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