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COVID-19 claims so far likely to be manageable; reinsurers de-risking:Willis Re Report

by AIP Online Bureau | Apr 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life, Reinsurance

  London: Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson has published a COVID-19 Impact Report. Many insurance companies will end up holding more risk than anticipated relative to...

More calibrated monetary, fiscal stimulus on the anvil, says Principal Economic Adviser

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

New Delhi: Principal Economic Adviser Sanjeev Sanyal on Wednesday said more calibrated monetary and fiscal stimulus measures are on the anvil to deal with the economic fallout from COVID-19 and the consequent lockdown.   He expressed hope that a significant part...

Lockdown In India impacted 40 million internal migrants: World Bank

by AIP Online Bureau | Apr 23, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

Washington: The nationwide lockdown in India which started about a month ago has impacted nearly 40 million internal migrants, the World Bank has said.   "The lockdown in India has impacted the livelihoods of a large proportion of the country's nearly 40...

India battles supply snags in race to build affordable ventilators

by AIP Online Bureau | Apr 23, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  BENGALURU: Indian medical device makers, racing to churn out ventilators as domestic COVID-19 cases spike, have been beset by supply bottlenecks, cost overruns and labour shortages that are delaying their efforts to produce an affordable device.Ventilators help...

U.S. coronavirus deaths top 47,000 after near-record increase on previous day

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

U.S. coronavirus deaths topped 47,000 on Wednesday after rising by a near-record single-day number the previous day, according to a Reuters tally.   A University of Washington model here often cited by the White House, projected a total of nearly 66,000 U.S....
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