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Covid kills one person every four minutes as vaccination rates fall

Covid kills one person every four minutes as vaccination rates fall

by AIP Online Bureau | May 24, 2023 | Eco/Invest/Demography, Health, International News, Pandemic, Policy

A key question is how to handle a virus that’s become less threatening to most but remains wildly dangerous to a slice of the population. That slice is much bigger than many realize: Covid is still a leading killer, the third-biggest in the US last year behind heart...

How the World Health Organization could fight future pandemics

by AIP Online Bureau | May 23, 2023 | Eco/Invest/Demography, Health, International News, Policy

A new pact is a priority for WHO chief Tedros Adhanom Ghebreyesus who called it a “generational commitment that we will not go back to the old cycle of panic and neglect” at the U.N. agency’s annual assembly. It seeks to shore up the world’s defences against new...

AIG to sell Validus Re to Renaissance Re in near $3B deal

by AIP Online Bureau | May 23, 2023 | International News, Non-Life, Reinsurance

The deal terms include about $2.74 billion in cash and $250 million of RenaissanceRe common shares, the companies said in their statements “For AIG, (the deal) further simplifies our business model and reduces volatility in our portfolio, while generating...
Swiss Re exits Net Zero Insurance Alliance

Swiss Re exits Net Zero Insurance Alliance

by AIP Online Bureau | May 23, 2023 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance

The departure follows that of fellow Swiss firm Zurich Insurance Group AG, as well as Germany’s Munich Re and Hannover Re NZIA has no US members, and with the departure of Swiss Re, it has roughly 27 left, including Allianz SE, Aviva Plc and Axa SA, according to the...
SBI General launches Surety Bonds, to provide protection against breach of terms and conditions by the contractors

SBI General launches Surety Bonds, to provide protection against breach of terms and conditions by the contractors

by AIP Online Bureau | May 23, 2023 | Indian News, Non-Life, Reinsurance

Anand Pejawar, whole-time director, SBI General Insurance Anand Pejawar, whole-time director, SBI General Insurance said, “We are confident that this product will serve as an effective tool for the infrastructure sector. Surety bonds offer financial security,...
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