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Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine

by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Early in the pandemic, Moderna said it would not enforce its COVID-19 patents to help others develop their own vaccines, particularly for low- and middle-income countries. But in March 2022 Moderna said it expected companies such as Pfizer and BioNTech to respect its...

Bimaplan and Niyo Bharat tie-up to make insurance accessible to contractual factory workers

by AIP Online Bureau | Aug 26, 2022 | Briefs, Eco/Invest/Demography, Health, Non-Life

Bimaplan, a Y Combinator-backed insurtech startup has recently announced a partnership with Niyo Bharat, to provide contractual factory workers with vital microinsurance protection plans. Bimaplan and Niyo Bharat’s partnership will provide financial inclusion to...
“Use & File’- ICICI Lombard revamps its product portfolio

“Use & File’- ICICI Lombard revamps its product portfolio

by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Sanjeev Mantri,executive director, ICICI Lombard General Insurance ` The new offerings were propelled by the recent announcement of ‘Use and File’ framework from the IRDAI. Fuelled by regulatory reforms, we have accelerated our pace of developing and launching new...

2050 net-zero target can boost India’s GDP by 7.3 pc by 2032: Report

by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

India will need around USD 10.1 trillion in cumulative economy-wide investment to meet its 2070 target. While India could decarbonise using carbon revenues or other domestic tax-raising mechanisms to fund green investments, leveraging international support would free...

World reaches ‘tragic milestone’ of one million COVID-19 deaths so far in 2022

by AIP Online Bureau | Aug 26, 2022 | Health, International News, Non-Life, Pandemic, Policy

In January, WHO and partners launched the COVID-19 Vaccine Delivery Partnership, focused mainly on the 34 countries that were at or below 10 per cent coverage. All but six are on the continent Today, only 10 countries still have less than 10 per cent coverage, most of...
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