by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
BENGALURU: A 76-year-old man who died two days ago in Karnataka while being treated for suspected coronavirus has become India's first COVID-19 fatality with his samples taken earlier confirming the infection, the state government said on Wednesday. ...
by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Reinsurance
London: The 330-year old Lloyd’s of London market will shut its underwriting floors on Friday for a day in a test of emergency protocols related to the coronavirus, Chief Executive John Neal said on Thursday. This would be the first time in its...
by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life
Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp rise in payouts at a time of big investment losses. Because epidemics are excluded from many...
by AIP Online Bureau | Mar 12, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries
Mumbai: The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about the safety of deposits in private lenders are highly misplaced. In a letter written to chief secretaries of...
by AIP Online Bureau | Mar 12, 2020 | International News, Life
Zurich: Swiss Re and Microsoft Corp. announced today a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece of the strategic alliance is the launch of Swiss...
