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Speed of coronavirus deaths shock doctors as New York toll hits new high

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

NEW YORK: New York state, epicenter of America’s coronavirus crisis, set another single-day record of COVID-19 deaths on Wednesday, as veteran doctors and nurses voiced astonishment at the speed with which patients were deteriorating and dying. The number of...

China sees slight rise in new coronavirus infections as imported cases jump

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

BEIJING: China reported a slight increase in new coronavirus cases for the second straight day, as the number of infections involving incoming overseas travellers hit a two-week high. China reported 63 new cases on Wednesday, up from 62 a day earlier, the National...

Peak Re to acquire Bermuda based ILS asset manager Lutece

by AIP Online Bureau | Apr 8, 2020 | International News, Non-Life, Reinsurance

  Hong Kong: Hong Kong based Peak Reinsurance Company (“Peak Re”) on Wednesday has decided to acquier Bermuda based dedicated ILS asset manager Lutece Holdings Ltd and its subsidiary Lutece Investment Management Ltd....

Merging PSBs can continue their existing bancassurance partnerships for a year:IRDAI

by AIP Online Bureau | Apr 8, 2020 | Banking & Bancassurance, Indian News, Intermediaries, Life, Non-Life, Regulation

  Hydearbad: The insurance regulator IRDAI has clarified as to how the existing bancassurance arrangements for the public sector banks(PSBs), who are parts of  the mega merger exercise effected since 1st April, 2020, will function post the merger of...

Lockdown won’t be lifted in one go, PM Modi hints at all-party meeting

by AIP Online Bureau | Apr 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi:  Prime Minister Narendra Modi told leaders of opposition and other parties in Parliament that the nationwide lockdown will not be revoked in one go on April 14, according to BJD’s Pinaki Misra. Modi’s comments came during a meeting...
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