by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic
LONDON Britain’s Financial Conduct Authority (FCA) on Tuesday proposed stopping insurers from charging existing car and home insurance customers more than new ones in the latest crackdown on an industry grappling with costly COVID-19 claims.One week after...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Mumbai: Mumbai received one of the highest showers in the last 24 hours of this monsoon season and more rainfall is likely in the city and suburbs on Wednesday, MeT officials said. Heavy showers overnight and early Wednesday morning caused waterlogging at many...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, International News
NEWARK, Calif: Catastrophe risk company RMS estimates insured losses for the Western U.S. will be between US$4.0 and US$8.0 billion. These losses reflect estimates as of September 20, 2020, and further escalation in losses are likely as many fires are...
by AIP Online Bureau | Sep 22, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India's COVID-19 caseload went past 56 lakh with 83,347 infections being reported in a day, while over 45 lakh people have recovered from the disease, according to the Union Health Ministry data updated on Wednesday. The national recovery rate...
by AIP Online Bureau | Sep 22, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Workplace/Employee Benefits
NEW DELHI: India’s lower house of parliament on Tuesday approved long-pending, disputed labour reforms in the teeth of a boycott by opposition parties and protests from trade unions. The three new labour codes – making it easier for firms to hire and fire...