by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
MUMBAI: The bustling streets are silent across much of India as the country heeds Prime Minister Narendra Modi's 21-day lockdown to break the chain of transmission of the coronavirus, but the WhatsApp groups are buzzing. As the number of infections...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
U.S. commercial insurers face mounting political pressure to cover claims from businesses that are losing revenue because of coronavirus shutdowns ordered by state and local governments. Insurers have begun rejecting claims from restaurants and other businesses...
by AIP Online Bureau | Mar 28, 2020 | Eco/Invest/Demography, Health, International News, Technology
LONDON: Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them.Working at home due to the coronavirus lockdown, they have abandoned the normal tools of...
by AIP Online Bureau | Mar 28, 2020 | International News, Reinsurance
PARIS: Investment fund CIAM has urged Scor to postpone next month’s annual shareholders meeting and also criticised the French insurer for making only cosmetic changes to its executive pay policy. CIAM, which owns more than a 1% stake in Scor, said...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Technology
New Delhi, India has proposed setting up of a common electronic platform for all SAARC nations to share expertise and best practices to jointly combat the spread of coronavirus, days after Prime Minister Narendra Modi strongly pitched for a regional approach to...