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Insurers rush to exclude Coronavirus epidemic from event-cancellation protection

by AIP Online Bureau | Feb 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies.   The Shanghai Grand Prix and...

S&P retains India’s rating at ‘BBB-‘ with stable outlook

by AIP Online Bureau | Feb 13, 2020 | Indian News

  New Delhi:  Global agency Standard and Poor's on Thursday retained India's sovereign ratings at 'BBB-' with stable outlook, saying the country's GDP is likely to gradually recover towards longer-term trend rates over the next two to...

SCOR acquires a majority stake in Brazilian AgroBrasil,strengthens expertise in agriculture

by AIP Online Bureau | Feb 13, 2020 | International News, Non-Life, Reinsurance

  Paris: SCOR has acquired control of AgroBrasil Administração e Participações Ltda (“AgroBrasil”), Brazil’s family-owned leading Managing General Agent distributing fruit and grain loss of crop quality and yield...

Debasish Panda appointed financial services secretary

by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: Senior IAS officer Debasish Panda was on Thursday appointed as the new secretary, financial services,ministry of finance(MoF) as part of a top level bureaucratic reshuffle effected by the Centre.   Panda, a 1987-batch IAS officer of the...

Coronavirus outbreak in China disrupting global tech sector: S&P

by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Health, International News, Technology

  New Delhi: The coronavirus outbreak in China is disrupting the global technology sector as operations in the world's largest tech manufacturing hub are threatened, S&P Global Ratings said on Thursday. Until Tuesday, the virus outbreak has claimed 1,115...
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