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Alpha, Delta and more: Why coronavirus variants are causing alarm

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

A succession of more-transmissible SARS-CoV-2 variants has em­erged over the past year, each harbouring a constellation of mutations. The most worrisome so far is the so-called delta variant. Is delta more virulent? Possibly as it appears patients are more likely...

Majority of corporate employees want to work from home at least once a week: Survey

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Workplace/Employee Benefits

Nearly 80 per cent of corporate employees want to work from home at least once a week post-COVID, according to a survey by property consultant JLL India. In its survey Workers Preference Barometer for India, JLL India found that employees would prefer to work two days...

India to offer indemnity to Air India bidder over Cairn claim: Report

by AIP Online Bureau | Sep 1, 2021 | Indian News, Policy, Risk Management

New Delhi: India is set to absolve bidders for its loss-making flag carrier from any liability arising out of a lawsuit filed by Cairn Energy Plc, which has claimed the state-run airline’s assets over a long-running tax dispute with the government, according to...

Chinese regulators seek more control over internet firms’ algorithms

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  Beijing: Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend content, the latest move in a regulation spree across the internet sector. China’s internet watchdog, the...

Uber proposes industry-wide gig worker benefits model in Canada

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, International News, Non-Life, Technology, Workplace/Employee Benefits

  Uber Technologies Inc. on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery drivers in Canada under which all gig industry players would share data on workers’ hours and earnings. Under the preliminary proposal...

Ping An Insurance denies regulator halted sales of alternative investments

by AIP Online Bureau | Sep 1, 2021 | International News, Non-Life, Regulation

  Ping An Insurance (Group) Co. denied that it has been ordered by regulators to halt sales of property-related alternative investments in response to a Reuters report that sent shares tumbling. The group and its asset management arm don’t sell any...

Total global reinsurance capacity rises 7% to $ 517 billion in 2020, Munich Re regains top ranking: AM Best

by AIP Online Bureau | Sep 1, 2021 | International News, Non-Life, Reinsurance

  London: According to the latest global ranking excercise by international rating agency AM Best,Munich Reinsurance Company, with a total gross premium of $45,846 billion in 2020, moves to the top spot as the world’s largest reinsurer while Swiss...

India logs 41,965 new COVID-19 cases

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: With 41,965 people testing positive for COVID-19, India's total tally of cases rose to 3,28,10,845, while active cases have increased to 3,78,181, according to Union health ministry data updated on Wednesday. The death toll has climbed to...

Pollution likely to cut 9 years of life expectancy of 40% of Indians

by AIP Online Bureau | Sep 1, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Non-Life

Air pollution is likely to reduce the life expectancy of about 40 per cent of Indians by more than nine years, according to a report released by a US research group on Wednesday. More than 480 million people living in the vast swathes of central, eastern and northern...

More than $19B in PE insurance sector M&A already at record high

by AIP Online Bureau | Aug 31, 2021 | Eco/Invest/Demography, International News

 Ali Imran NaqviAnnie Sabater Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses from the pandemic. PE-backed M&A in the sector globally reached $19.28 billion in...
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