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India’s chaotic cities turn eerily silent as coronavirus fears grow

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...

Pressure mounts on U.S. insurers to pay pandemic business loss claims

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...

From quills to qwerty: Lloyd’s underwriters adapt to home working

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...

Scor shareholder ups pressure over executive pay, wants AGM postponed

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...

India proposes online platform for SAARC to jointly combat coronavirus

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...
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