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‘So far, so good’ on leading COVID vaccine, says AstraZenec

by AIP Online Bureau | Jul 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

London: Britain’s AstraZeneca said on Thursday that good data was coming in so far on its vaccine for COVID-19, already in large-scale human trials and widely seen as the front-runner in the race for a shot against the novel coronavirus. The drugmaker,...

Financial systems designed in wrong way, Covid-19 has revealed weaknesses:Muhammad Yunus

by AIP Online Bureau | Jul 31, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

  NEW DELHI: Nobel laureate and founder of the Grameen Bank, Muhammad Yunus, on Friday said the coronavirus pandemic has given the world a chance to reflect and take "outrageously" bold decisions to create a new order where there is no global warming,...

After OIC,AM Best withdraws its ratings for United India

by AIP Online Bureau | Jul 31, 2020 | Indian News, Non-Life, Regulation

SINGAPORE: After the Oriental Insurance Company(OIC), international rating agency AB Best has withdrawn its ratings for  the state owned United India Insurance Company(UIIC), AM Best has downgraded the Financial Strength Rating (FSR) to C+ (Marginal)...

Pandemic will intensify risks for insurers,says EU watchdog

by AIP Online Bureau | Jul 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

LONDON: Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and could face lengthy legal battles from claims relating to lockdowns, the bloc’s insurance watchdog said on Thursday. Insurers and...

SC asks Centre to ensure salaries paid to doctors on time

by AIP Online Bureau | Jul 31, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

  New Delhi: Maharashtra, Punjab, Karnataka and Tripura are yet to follow directives on timely payment of salaries to healthcare workers engaged in COVID-19, the Centre on Friday told the Supreme Court, which said it cannot be "helpless" in implementing...
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