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Moody’s slashes India growth forecast to 0.2% for 2020

by AIP Online Bureau | Apr 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Moody's Investors Service on Tuesday slashed India's growth forecast to 0.2 per cent for the 2020 calendar year from the earlier projection of 2.5 per cent released in March.   Stating that the economic costs of shutdown of the global...

COVID-19 death toll rises to 934 in India; cases climb to 29,435: Health ministry

by AIP Online Bureau | Apr 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: The death toll due to COVID-19 rose to 934 and the number of cases climbed to 29,435 in the country on Tuesday, according to the Union Health Ministry   The number of active COVID-19 cases stood at 21,632, while 6,868 people have recovered and one...

42% Chief Financial Officers unprepared for second wave of coronavirus worldwide

by AIP Online Bureau | Apr 28, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Risk Management

New York: Nearly 42 per cent chief financial officers (CFOs) are not prepared for the second wave of COVID-19 and only 8 per cent of them have a second wave factored into all their planning scenarios, a Gartner survey has revealed.   Only 22 per cent CFOs have a...

Aon to cut salaries of most employees, suspends stock buybacks

by AIP Online Bureau | Apr 28, 2020 | Intermediaries, International News, Non-Life, Reinsurance

  London:  Aon PLC, said on Monday it was cutting salaries of its executives and most of its employees, and suspending its stock repurchase program, as it looks to preserve financial flexibility amid the COVID-19 pandemic.   In a letter to employees,...

Willis Towers Watson launches customised cyber cover for shipowners

by AIP Online Bureau | Apr 28, 2020 | International News, Non-Life, Reinsurance

SINGAPORE: Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the launch of CyNav, a new type of cyber insurance cover designed specifically for shipowners.   The new product addresses the growing need for an explicit...
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