by AIP Online Bureau | May 4, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life
With the largest U.S. airlines now set to mandate – and provide – facial coverings for all passengers over the next two weeks, many are turning their focus to other measures to prevent the spread of the new coronavirus during air travel. ...
by AIP Online Bureau | May 4, 2020 | Eco/Invest/Demography, International News, Life
HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner's 50% stake to own fully the company under the new rules on foreign ownership that came into effect in January. The move will allow...
by AIP Online Bureau | May 4, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Intermediaries, International News
London: Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes in the United States and UK from the novel coronavirus, surpassing claims from the 9/11 attacks. A report by...
by AIP Online Bureau | May 4, 2020 | Eco/Invest/Demography, Intermediaries, International News, Life, Non-Life, Technology
London: Despite the clear impact of COVID-19 on InsurTech investment worldwide during Q1 (which saw almost the same amount of money raised in its first three days as was then subsequently raised in its final three weeks), InsurTechs raised a total of...
by AIP Online Bureau | May 4, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
SYDNEY: Global coronavirus cases surpassed 3.5 million on Monday and deaths neared a quarter of a million, according to a Reuters tally, concerning experts who fear substantial underreporting even as the rate of fatalities and new cases slows. North...