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WHO says Covid-19 is 10 times more deadly than swine flu

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Geneva: The novel coronavirus is 10 times more deadly than swine flu, also called H1N1, which caused a global pandemic in 2009, the World Health Organization said Monday, calling for control measures to be lifted “slowly”.WHO chief Tedros Adhanom...

Covid-19 Crisis:IRDAI asks insurers to be cautious on dividend payments,rationalise expenses and ensure solvency margin

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Regulation

  Hyderabad: In view of the spread of Covid-19 pandemic, the insurance regulator IRDAI has asked the insurers to tighten their belts and be cautious while paying any dividends to their shareholders,rationalise the expenses of management, critically examine...

Markel International appoints Bo Yu as claims lead for Asia

by AIP Online Bureau | Apr 13, 2020 | International News, Non-Life, Reinsurance

  London: Markel International, the specialist insurer, has recently appointed Bo Yu as claims lead for Asia.   In this role, Bo will be the first point of contact for all claims arising through Markel’s offices in Singapore, Hong Kong, India and...

French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

PARIS: French insurers are in discussions to invest 1 billion euros ($1.09 billion) into funds dedicated to help small and mid-sized firms and health companies recover from the impact of the coronavirus epidemic,the chief executive of CNP Assurances (CNPP.PA) told...

ADB triples financial aid for members to $20 billion to fight virus

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Manila: The Asian Development Bank (ADB) on Monday said it has tripled the size of its Covid-19 response package for its member nations to $ 20 billion.   The multilateral funding agency said it has also approved measures to streamline its operations for...
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