It was not immediately clear why the ship appeared to deviate from its course. Tracking data for other cargo vessels passing close to Mauritius recently show them all sticking to the shipping lane.

The Mauritius coast guard had repeatedly tried to reach the ship to warn it that its course was dangerous but received no reply, Reuters reported this week.

China govt-backed class actions take aim at corporate fraud – with limits

Aug 20, 2020

Under the new litigation process, either the courts or a regulator must find that a company has broken the rules, or the company must admit wrongdoing, before a class-action lawsuit can be launched.

In addition, class-action suits launched by individuals, not the CSISC, can only include investors who opt in, reducing the number of plaintiffs and the size of the claim.

Insurer AIA’s new business drops 37% in first-half as pandemic hits sales

Aug 20, 2020

Insurers across the world have been hit by pandemic-related claims including for travel, business interruption and event cancellation, while economic slowdown and job losses have led to reduced demand for life insurance.

In Asia, insurance firms mainly rely on their army of agents for product sales, which have been dented by lockdown and social distancing measures put in place in various countries to contain the pandemic.

Covid-19 Pandemic:Lloyd’s gets ready for reopening & business with restrictions

Aug 20, 2020

Lloyd’s has reduced capacity to 45% to ensure it can maintain social distances.In order to ensure it doesn’t go above this the working week will be split by class of business
From 1 September,face coverings will be mandatory in all public areas of the building.

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