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Wealth managers rein in leverage as clients battle markets downturn-sources

by AIP Online Bureau | Mar 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  HONG KONG/ZURICH: Global wealth managers are cutting some credit they extend to rich clients as a worldwide markets rout triggers margin calls, even as others see opportunities to help entrepreneurs plug liquidity gaps, people with knowledge of the matter said....

Non-life insurance premium set to exceed Rs2 lakh crore in 2019-20

by AIP Online Bureau | Mar 23, 2020 | Eco/Invest/Demography, Indian News, Non-Life

Mumbai: With higher premium from fire and health insurance portfolio, the domestic general insurance industry is set to exceeed a total premium of Rs 2 lakh crore in 2019-20, despite onging slow down seen in the premium growth of motor and crop business, two top...

68-yr-old man who recovered from coronavirus dies in Mumbai

by AIP Online Bureau | Mar 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

MUMBAI: A 68-year-old man from Philippines, who tested positive for coronavirus infection and later recovered, has died at a hospital in Mumbai, the city civic body said on Monday. This is the third death reported from Mumbai in connection with the coronavirus.  ...

Trump says U.S. to make a decision on coronavirus at end of 15-day plan

by AIP Online Bureau | Mar 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

Washington: President Donald Trump said on Sunday the United States will make a decision at the end of a 15-day period on “which way we want to go”, to curb the spread of the coronavirus.   “We cannot let the cure be worse than the problem...

Lockdowns not enough to defeat coronavirus – WHO’s Ryan

by AIP Online Bureau | Mar 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

LONDON: Countries can’t simply lock down their societies to defeat coronavirus, the World Health Organization’s top emergency expert said on Sunday, adding that public health measures are needed to avoid a resurgence of the virus later on.“What we...
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