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FB, Google working on complying with social media rules as deadline looms

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

  New Delhi: With just hours to go before the new IT rules for social media companies take effect, large digital platforms Facebook and Google on Tuesday asserted they are working towards meeting the compliance requirements. The new rules, announced on February...

Australian general insurers welcome `Bushfire Funding’, say Tax Rise ‘Unsustainable

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  While welcoming the announcement from the state of Victoria's funding of A$517 million (US$401 million), which will be allocated across several bushfire risk reduction projects,the Insurance Council of Australia (ICA), which represents general...

Africa Specialty Risks Group becomes reinsurer in Mauritius

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Mauritius: Africa Specialty Risks, a reinsurance business focused on providing risk mitigating insurance solutions to the African Corporate and Specialty market, announced that it had launched a fully capitalised and licenced reinsurer based in...

Moderna’s single-dose COVID-19 vaccine in India likely next year; Pfizer ready with 5 cr doses for 2021

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Moderna is expecting to launch a single-dose COVID-19 vaccine in India next year and is in talks with Cipla among other Indian firms, while another US giant Pfizer is ready to offer 5 crore shots in 2021 itself but it wants significant regulatory...

US wants “Transparent” new probe into origins of Coronavirus

by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

Geneva, Switzerland: The United States called on Tuesday for international experts to be allowed to evaluate the source of the coronavirus and the "early days of the outbreak" in a second phase of an investigation into the origins of the coronavirus. U.S....
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