by AIP Online Bureau | Oct 20, 2022 | International News, Non-Life, Reinsurance
Thomas Blunck Munich Re has also appointed Clarisse Kopff (49), with effect from 1 December 2022, and Mari-Lizette Malherbe (38), with effect from 1 January 2023, as new members of the Board of Management Munich: The Supervisory Board of Munich Re on Thursday has...
by AIP Online Bureau | Oct 20, 2022 | Facts, Health, Pandemic
“Animal to human transmission of coronaviruses will likely continue to threaten global health. It has been suggested that all coronaviruses circulating in humans came from animals,” said Li. Washington: The Omicron variant of the SARS-CoV-2 virus may have...
by AIP Online Bureau | Oct 20, 2022 | Eco/Invest/Demography, Indian News, Non-Life
The crop losses for farmers across the country mean that food prices, already at their highest in over two years, could stay elevated, instead of tapering after the harvest as they usually do India’s millions of rural poor will be particularly affected, hit by...
by AIP Online Bureau | Oct 20, 2022 | Facts, International News, Non-Life, Technology
Oliver Zipse, chairman,BMW “We don’t want cars to be taken away out of the base segment, politically that’s super dangerous,” Zipse said. “If you all of a sudden make car ownership only for rich people, it’s a dangerous...
by AIP Online Bureau | Oct 20, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Mukesh Ambani, who controls Reliance Industries, the energy to telecom giant, is at number two with USD88 billion, down 5per cent from last year. Between them, Adani and Ambani now account for 30per cent of the total wealth of India’s 100 richest Mumbai: The...
by AIP Online Bureau | Oct 20, 2022 | Health, International News, Non-Life
The committee recommended that there should be three key priorities in the future: strengthening surveillance and achieving vaccination targets for at risk-groups; continuing to increase access to affordable therapeutics; and strengthening pandemic preparedness...
by AIP Online Bureau | Oct 20, 2022 | Indian News, Life, Non-Life, Regulation
The sole objective of reconstructing RCap CIC into four CICs is to help select bidders of RCap’s insurance businesses circumvent the IRDAI guidelines related to the five-year lock-in period Mumbai: In a surprise move, the Reliance Capital (NS:RLCP) (RCap)...
by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Michal Lörinc, head of catastrophe insight in Aon’s Impact Forecasting team, said: “It is anticipated that there will be robust loss development across many of the reported natural catastrophes, especially with the realization of costs associated with recent tropical...
by AIP Online Bureau | Oct 19, 2022 | Indian News, Non-Life, Regulation
Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. Under such pacts, the hotel partners are not allowed to sell their rooms on any other platform or on its own online portal at a price below the price at which it...
by AIP Online Bureau | Oct 19, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
It said 15 out of these 20 cases (18 of XBB and one each of BQ.1 and BA.2.3.20) were vaccinated against COVID-19 while information on the rest five cases is to be received New Delhi:At least 18 cases of XBB sub-variant of Omicron have been reported in Maharashtra in...
