by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
London: British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While venues for indoor live performances are not yet open in all...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News, Non-Life
BEIRUT: The Husson family and Chedid Capital entered into exclusive negotiations for the transfer of control of Ascoma Assureurs Conseils ("Ascoma"). The Husson family will maintain a sizeable stake in Ascoma and will participate in the transition and...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Pandemic, Regulation, Reinsurance
LONDON: Global regulators should not ban insurers from paying dividends as a result of COVID-19 and should give firms more time to report their capital positions, European insurers said on Monday. The pandemic will likely lead to between $50 and $100 billion in losses...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
Mumbai airport has put in place a QR code-enabled contactless check-in mechanism for the passengers, which allows them the use of their mobile phones to remotely operate check-in and self-bag drop kiosks for printing boarding passes and bag tags. Passengers at Mumbai...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security
New Delhi: The Union Cabinet is believed to have discussed labour reforms in detail on September 8 so that the remaining three Codes pending in the Lok Sabha could be pushed for Parliament nod during the Monsoon session beginning on Monday. "The Union Cabinet...