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AIG is reducing cyber insurance limits as cost of coverage soars

by AIP Online Bureau | Aug 7, 2021 | International News, Non-Life, Reinsurance, Technology

American International Group Inc is tightening terms of its cyber insurance, noting that its own premium prices are up nearly 40% globally, with the largest increase in North America, the U.S. insurer's chief executive said on Friday. "We continue to...

Johnson & Johnson’s single-dose COVID-19 vaccine gets Emergency Use approval in India

by AIP Online Bureau | Aug 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: Johnson & Johnson's single-dose COVID-19 vaccine has been given Emergency Use approval in India, Union Health minister Mansukh Mandaviya said on Saturday. He said this will further boost the country's collective fight against the novel...

8,832 rescued, 29,280 shifted from flood-hit areas in MP: Chouhan

by AIP Online Bureau | Aug 7, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life

Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Saturday said that 8,832 people have been rescued from the flood-affected parts of the state, while 29,280 others have been shifted to safer places from these areas so far. He made the statement while...

India gave priority to poor in its strategy to combat COVID-19 crisis: PM Modi

by AIP Online Bureau | Aug 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

New Delhi: India gave first priority to the poor in its strategy to combat the COVID-19 crisis, said Prime Minister Narendra Modi on Saturday. While interacting with beneficiaries of Pradhan Mantri Garib Kalyan Anna Yojana in Madhya Pradesh, through video...

HC seeks Delhi govt, IRDA stand on plea against insurance co not paying full claim on Covid death

by AIP Online Bureau | Aug 7, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: The Delhi High Court has sought responses of the Delhi government and the IRDA on a plea by a woman and her two minor children challenging an insurance firm's decision not to pay the entire insured amount on her husband's death after...

Global Covid deaths estimated to reach 5.3 million by December

by AIP Online Bureau | Aug 7, 2021 | Eco/Invest/Demography, Health, International News

  The world will see 5.3 million reported deaths and 12 million excess fatalities by December as the delta variant drives a surge in Covid-19 cases, according to projections by the Institute for Health Metrics and Evaluation. The U.S.-based institute expects...

Digital currency model likely by the end of year: RBI

by AIP Online Bureau | Aug 7, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

  Mumbai: The Reserve Bank expects to come out with a model for operations of fiat digital currencies by the end of the year, Deputy Governor T Rabi Sankar said on Friday. He reiterated that the RBI is internally evaluating the possibility of introducing a fiat...

No link found so far between menstrual disorders and COVID-19 vaccines, EU says ​​​​​​​

by AIP Online Bureau | Aug 7, 2021 | Facts, Health, Pandemic

  No causal link between COVID-19 vaccines and menstrual disorders has been found so far, Europe's drugs regulator said on Friday, separately recommending that three new conditions be added as possible side-effects of J&J's (JNJ.N) coronavirus shot....

Biden’s antitrust crackdown adds to anxiety of merger investors

by AIP Online Bureau | Aug 7, 2021 | Uncategorized

  U.S. President Joe Biden's tougher regulatory stance on big corporate mergers has fueled a rise in investor bets on some deals not being completed, threatening to push the brakes on a record-setting dealmaking boom. Spreads between deal prices and the share...

J&J seeks emergency use nod for COVID-19 vaccine in India

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

BENGALURU: Johnson & Johnson has applied for emergency use approval of its coronavirus vaccine in India, the U.S. pharmaceutical giant said on Friday, moving a step closer to supplying the first single-dose COVID-19 shot to the country. The shot will be brought to...
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