by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Beijing: The Insurance Association of China said claim payments related to COVID-19 amounted to CNY123 million (US$17.4 million) as of April 10, 2020. Business from commercial properties only contributed about 3.6% of total non-life insurance premiums in 2019....
by AIP Online Bureau | Apr 18, 2020 | Eco/Invest/Demography, Indian News, Policy, Regulation
New Delhi: The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb "opportunistic takeovers" of domestic firms following the COVID-19 pandemic, a move which will...
by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Reinsurance
Some U.S. life insurers are deciding not to gamble on older Americans during the coronavirus crisis by temporarily suspending applications from certain age groups or imposing tougher requirements.Prudential Financial Inc, Lincoln National Corp and Protective...
by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Chicago: U.S. businesses decimated by the COVID-19 pandemic today filed federal class-action lawsuits against six insurance companies for denial of policy claims they had purchased to protect against business interruptions. The suits represent the...
by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
The number of deaths worldwide linked to the novel coronavirus reached 150,000 on Friday, according to a Reuters tally. The first death came in the central Chinese city of Wuhan on Jan. 9. It took 83 days for the first 50,000 deaths to be recorded and...
