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COVID-19 pandemic creating ‘lockdown generation’ as one in six youths stop work:UN

by AIP Online Bureau | May 27, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  The novel coronavirus pandemic has led to a surge in unemployment worldwide but it has hit young workers hard, the United Nations said on May 27, noting that more than one in six people aged under 29 were forced to stop working due to the COVID-19 crisis....

Airbus opens investigation into plane crash in Pakistan

by AIP Online Bureau | May 27, 2020 | International News, Non-Life, Risk Management, Technology

  Karachi: Pakistan announced Tuesday that Airbus experts have opened a probe into last week’s plane crash that killed 97 people when an Airbus A320 went down in a crowded neighborhood near the airport in the port city of Karachi.   Initial reports...

SCOR joins UN-convened Net-Zero Asset Owner Alliance, alligns its investment portfolio with low-carbon economy

by AIP Online Bureau | May 27, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Paris: French reinsurer SCOR has strengthened its sustainable actions towards a low-carbon economy within its investment portfolio and joins the Net-Zero Asset Owner Alliance as of May 27, 2020.   Launched in September 2019 during the United...

Private jet demand rises as wealthy Russians spend lockdown in West

by AIP Online Bureau | May 27, 2020 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance

Some private jet companies have seen a rise in demand from wealthy Russians who want to spend time in the West during the coronavirus crisis but who were unable to take commercial flights amid tight restrictions by airlines and governments. Passengers are heading for...

U.S. sanctions advisory raises hurdles for global maritime industry

by AIP Online Bureau | May 27, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

LONDON/WASHINGTON  Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk of...
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