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Russian economy set to lose $45 bln to cyber crime in 2020

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

MOSCOW: The Russian economy is set to lose $44 billion to cyber crime in 2020, according to estimates published on Tuesday by Russian bank Sberbank, with the shift to online during the COVID-19 pandemic posing new challenges. The coronavirus pandemic has exacerbated...

COVID-19: India records 45,576 infections, 585 fatalities

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India's COVID-19 caseload rose to 89.58 lakh with 45,576 fresh infections, while the number of people who have recuperated from the disease surged to over 83.83 lakh pushing the national recovery rate to 93.58 per cent, according to data updated by the...

Pfizer, BioNTech conclude Phase 3 study of COVID-19 vaccine candidate, say it’s 95% effective

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, Non-Life, Pandemic

New York: Global drugmakers Pfizer and BioNTech said on Wednesday that their COVID-19 vaccine was found 95 per cent effective in the final analysis of the Phase 3 trial, including in people aged over 65 years, paving the way for the companies to apply for emergency...

Govt appoints S.N. Rajeswari as member(Distribution), IRDAI

by AIP Online Bureau | Nov 18, 2020 | Banking & Bancassurance, Indian News, Intermediaries, Regulation

  New Delhi: The government has appointed S.N. Rajeswari,58, Chairman & Managing Director, Oriental Insurance Company(OIC) as th member (Distribution), IRDAI on Wednesday  “The Appointments Committee of the Cabinet has approved the...

Covid-19 Pandemic to slow down top 10 largest global insurance markets in 2020

by AIP Online Bureau | Nov 18, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

  The top 10 largest global insurance markets are cumulatively expected to see their gross domestic product (GDP) decrease by 4.5% in 2020 compared to 2019 because of COVID-19, according to a new Insurance Information Institute (Triple-I) report. Global GDP is...
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