by AIP Online Bureau | Jan 4, 2022 | International News, Non-Life, Reinsurance
The market appears to have moved on from the Covid-19 claims of 2020 as primary companies’ claims reserves stabilise and reinsurance recoveries start to move through the market with an increasing number being settled Reinsurers have managed to achieve further...
by AIP Online Bureau | Jan 4, 2022 | Indian News, Risk Management
In a statement on Monday, a spokesperson of Devas Multimedia said an amount of over USD 30 million, which was held by global airlines body IATA on behalf of the AAI, has been seized by Devas Multimedia’s shareholders following a Canadian court order New Delhi:...
by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, Health, Non-Life, Pandemic, Policy
Noting that in the major metro centres and the surrounding regions, the new variant of the virus is accounting for over 50 per cent of the fresh cases. The galloping increase in the number of Covid cases over the last one week is indicative of the third wave, as is...
by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“If the FII buying yesterday is an indication of their renewed interest in India, financials particularly the leading banks, are likely to continue the momentum witnessed yesterday,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial...
by AIP Online Bureau | Jan 4, 2022 | Health, International News, Pandemic
The data, some scientists say, signal a new, less worrying chapter of the pandemic Several factors appear to have made the omicron variant less virulent, or severe, than previous waves of Covid-19. One factor is the virus’ ability to infect the lungs A string of new...