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High recovery keep active COVID-19 cases in India below 6 lakh

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Active COVID-19 cases in India have been witnessing a steady decline and remained below six lakh for the sixth consecutive day on Wednesday due to a sustained fall in the mortality rate and a large number of patients recuperating from the disease...

U.S. formally exits global climate pact amid election uncertainty

by AIP Online Bureau | Nov 4, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

WASHINGTON: The United States formally exited the Paris Agreement on Wednesday, fulfilling a years-long promise by President Donald Trump to withdraw the world’s second-largest greenhouse gas emitter from the global pact to fight climate change. But the outcome...

Poor public risk management led to higher Covid-19 Pandemic losses and P&C market exposure:Denis Kessler 

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Reinsurance, Risk Management

  Singapore: COVID-19 related charges, booked in the first half of 2020, by insurers and reinsurers globally, are broken down as 90 percent P&C, and 10 percent life,said Denis Kessler, chairman and chief executive officer of SCOR....

Technology can make India’s crop insurance scheme profitable:Report

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  Singapore:: Lloyd’s broker New Dawn Risk has launched its new report: Technology brings new opportunities for India’s crop insurance scheme The report details changes that have been made to the government-sponsored scheme during 2020, which are...

UK regulator, insurers, set for November 16 court battle over COVID-19 case

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, International News, Non-Life

LONDON: The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over which insurance companies should offer payouts to small businesses battered by the coronavirus pandemic. The hearing is expected to last four...
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