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WHO unsure antibodies protect against COVID, little sign of herd immunity

by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

GENEVA: The World Health Organization is not sure whether the presence of antibodies in blood gives full protection against reinfection with the new coronavirus, Mike Ryan, the WHO’s top emergencies expert, told a briefing on Friday.   Ryan also said that...

India’s automakers seek tax cut to boost demand after coronavirus hit

by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  NEW DELHI:  Automakers in India want a temporary tax cut on cars, trucks and motorbikes as well as incentives to scrap old vehicles, to try to boost sales and generate revenue after the coronavirus outbreak has brought the economy to a standstill.Passenger...

World economy bound to suffer ‘severe recession’: IMF

by AIP Online Bureau | Apr 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Washington: The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF chief Kristalina Georgieva has warned and said the current crisis posed "daunting...

Chubb CEO Greenberg Warns Retroactive Measures Would ‘Bankrupt’ Insurance Industry

by AIP Online Bureau | Apr 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses.   “The insurance industry is a fundamental part of the economic plumbing of this country,”...

Swiss Re can manage Covid-19 crisis,chairman

by AIP Online Bureau | Apr 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Reinsurance

  Zurich: Swiss Re’s Chairman Walter B. Kielholz said“Despite the current circumstances, business is running without interruptions at Swiss Re as we continue to handle claims, renew contracts,share our knowledge and innovate. While at this point...
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