by AIP Online Bureau | Jan 12, 2022 | Indian News, Non-Life, Pandemic
“Emerging states of concerns reporting high positive rates- Maharashtra with a rate positivity rate of 22.39 per cent, West Bengal 32.18 per cent, Delhi 23.1 per cent and Uttar Pradesh 4.47 per cent,” he added. Agarwal also stated that there are eight...
by AIP Online Bureau | Jan 12, 2022 | Facts, Health, Life
But 38% of the Indians feel that the situation could worsen over the next three months and their top three worries attributed to (1) Rising medical/ treatment cost (2) Instability of Jobs (3) concerns around Health of family/self Mumbai, January 12, 2022: SBI Life...
by AIP Online Bureau | Jan 12, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Torsten Jeworrek, member of the Board of Management,Munich Re The costliest natural disaster in 2021 was Hurricane Ida, causing $65bn of economic losses and US$ 36bn of insured losses Torsten Jeworrek, member of the Board of Management,Munich Re, said the images of...
by AIP Online Bureau | Jan 12, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy
“Plateauing of hospital admissions is an indication that the wave may have peaked. We may see a decline in cases in two to three days.Cases have started declining in Mumbai and Delhi is likely to follow the same trend,” Delhi Health Minister Satyendra Jain...
by AIP Online Bureau | Jan 12, 2022 | Eco/Invest/Demography, Facts, Technology, Wealth Management/ Philanthropy
Citing bitcoin’s $700 billion market capitalization, compared to the around $2.6 trillion worth of gold owned as an investment, Goldman Sachs said that the cryptocurrency currently has a 20% share of the “store of value” market The term “store...
by AIP Online Bureau | Jan 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management
“The reality is that China remains the center of global manufacturing,”said Thomas O’Connor, a supply chain expert at Gartner Inc. in Sydney. “If there was significant manufacturing or logistic shutdowns in China associated with covid-related challenges, that would...
by AIP Online Bureau | Jan 12, 2022 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management
By 2026, the project aims to see over two thirds (66%) of Aspen’s (Credit and Political Risk) CPR premium originating from transactions with a favorable ESG classification. A favorable classification is determined by exposure that has a positive ESG risk factor, for...
by AIP Online Bureau | Jan 12, 2022 | Indian News, Life, Policy
The government is still awaiting the completed valuation report, the people said, and projected valuations may change based on that. They added that LIC could be valued at as high as five times the so-called embedded value — higher than 3-4 times for most insurers...
by AIP Online Bureau | Jan 11, 2022 | Health, Indian News, Policy
The petition, which is listed for further hearing in March, has challenged provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act which prohibit the use of cannabis and has contended that the drug has medicinal and industrial benefits. New Delhi: The...
by AIP Online Bureau | Jan 11, 2022 | Health, International News, Pandemic
“At this rate, the Institute for Health Metrics and Evaluation forecasts that more than 50% of the population in the region will be infected with Omicron in the next 6-8 weeks,” Kluge said, referring to a research centre at the University of Washington...