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Digit Insurance plans to raise $500 million via public offer, aims a $5 billion valuation

by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy

Digit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million from Sequoia Capital, A91 Partners and Faering Capital, besides Fairfax MUMBAI: India’s Digit Insurance, backed by...

U.S. births rise for the first time in seven years in 2021

by AIP Online Bureau | May 25, 2022 | Data, Eco/Invest/Demography, Health

Americans had the lowest number of babies in more than four decades in 2020 The number of births in the United States grew 1% in 2021 from a pandemic-related low in 2020, marking the first increase since 2014, according to a report by the U.S. Centers for Disease...
SpiceJet faces ransomware attack, many flights impacted

SpiceJet faces ransomware attack, many flights impacted

by AIP Online Bureau | May 25, 2022 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

“Certain SpiceJet systems faced an attempted ransomware attack last night that impacted and slowed down morning flight departures today. Our IT team has contained and rectified the situation and flights are operating normally now,” the SpiceJet tweeted...

Breakthrough Covid infection more likely in cancer, Alzheimer’s patients

by AIP Online Bureau | May 24, 2022 | Facts, Health, Pandemic

“This study showed significantly increased risks for Covid-19 breakthrough infection in vaccinated patients with cancer, especially those undergoing active cancer care, with marked variations among specific cancer types,” said Rong Xu, Professor of...
Covid-19 pandemic is ‘far from over’, reiterates WHO chief Tedros

Covid-19 pandemic is ‘far from over’, reiterates WHO chief Tedros

by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

“… the pandemic is far from over. And even as we continue to fight it, we face the task of restoring essential health services, with 90 per cent of member states reporting disruption to one or more essential health services,” WHO Director-General Tedros...
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