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Pakistan Jet crashed shortly after bizarre landing attempt at 327 KPH

by AIP Online Bureau | May 30, 2020 | International News, Non-Life, Reinsurance, Risk Management

  Karachi: A deadly plane crash in Pakistan is prompting questions about how the crew could touch down without landing gear when their sophisticated jetliner was bristling with equipment to prevent pilots from doing just that.   After an abrupt descent that...

AXA agrees to pay Covid-19 Business Interruption claims to French restaurants after court ruling

by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

  Paris:  AXA will meet the bulk of business interruption claims from some restaurant owners in France, it said on Tuesday, after losing a court case seen as a potential precedent for coronavirus-related disputes across the world.   A Paris court ruled...

US terminating relationship with WHO; takes steps against China

by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Washington: US President Donald Trump on Friday said that America was terminating its relationship with the World Health Organization (WHO) as he blamed it and China for the deaths and destruction caused by the COVID-19 pandemic across the globe.   Trump...

Sun Pharma to test pancreatitis drug in COVID-19 patients in India

by AIP Online Bureau | May 29, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

BENGALURU:  Drugmaker Sun Pharmaceutical Industries Ltd said on Friday it has received Indian regulatory approval to start clinical trials of a pancreatitis drug in COVID-19 patients.   The company joins other Indian drugmakers Glenmark Pharmaceuticals Ltd...

India’s economy slows in March quarter, with worse to come

by AIP Online Bureau | May 29, 2020 | Eco/Invest/Demography, Indian News

  NEW DELHI: India’s economy grew at its slowest pace in at least eight years in the January-March quarter as the coronavirus pandemic weakened already sluggish consumer demand and investments.Asia’s third largest economy grew at a...
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