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US, European Covid-19 vaccine developers pledge to uphold testing rigour

by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Health, International News

Developers globally have yet to produce large-scale trial data showing actual infections in participants, yet Russia granted approval to a COVID-19 vaccine last month, prompting some Western experts to criticize a lack of testing. The head of China’s Sinovac...

Munich Re expects Beirut losses of €100 million; sees slowdown in COVID-19 losses

by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Munich Re said it faces claims of at least 100 million euros ($118 million) stemming from the deadly explosion that ravaged much of downtown Beirut last month. The German reinsurer said losses in the “low three-digit-million euro range” are...

Etihad to provide Covid-19 insurance to passengers,cover medical and quarantine costs

by AIP Online Bureau | Sep 8, 2020 | Health, International News, Non-Life

  Abu Dhabi’s Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after traveling on one of its flights. Airlines around the world are trying to find ways to stimulate demand that has...

Japan offeres Mauritius ‘Unprecedented’ support, including financial

by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News

  Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after a Japanese-owned ship struck a coral reef off the country’s southeast coast in late July and spilled oil....

Wildfires rage in California, stoked by extreme heat in U.S. West

by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Three large wildfires burned in California and a fourth was growing quickly on Monday as a weekend heat wave lingered across large swaths of the western United States. The Creek Fire, which has engulfed the Fresno area in central California and caused the...
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