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Trust in vaccines vital to end pandemic, WHO says

by AIP Online Bureau | Nov 14, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  As the world celebrates advances in vaccines against the novel coronavirus, a top WHO expert warned in an interview with Agence France-Presse (AFP) that public distrust risked rendering even the most effective treatments useless against the pandemic. "A...

Goldman hires Barclays banker to ride insurance deal boom

by AIP Online Bureau | Nov 14, 2020 | Eco/Invest/Demography, International News

Goldman Sachs has poached Barclays’ insurance banker Marguerite Bion to win more business from Europe’s biggest insurers as industry consolidation heats up amid anemic profitability and tightening regulation. Bion, who started her career at Citigroup in...

Vietnam braces for Typhoon Vamco, 53 dead in Philippines

by AIP Online Bureau | Nov 14, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

HANOI/MANILA: Vietnam was bracing for Typhoon Vamco to make landfall in the country’s central coast early on Sunday, as the death toll in the Philippines rose to 53 from that country’s deadliest storm this year. Packing winds of up to 165 kph (103 mph),...

Should Millennials and Gen Z Get the Vaccine First?

by AIP Online Bureau | Nov 14, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic, Risk Management

  If the Pfizer-BioNTech vaccine gains regulatory approval by Christmas, we can cheer the scientists for heroic work. But it will be the distribution decisions made by governments that will determine how quickly we can all exit Covid confinement. The U.K. has put...

Bank of England warns insurers risk unexpected COVID losses

by AIP Online Bureau | Nov 14, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

LONDON: Insurers in Britain risk being optimistic in estimating losses from COVID-19 related claims and should stress test their underlying assumptions, the Bank of England said on Friday.Insurers in Britain have come under fire for failing to pay out on claims from...
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