by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic
Indonesia has converted nearly its entire oxygen production to medical use just to meet the demand from COVID-19 patients struggling to breathe. Overflowing hospitals in Malaysia had to resort to treating patients on the floor. And in Myanmar's largest city,...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy
New Delhi: The union health ministry on Thursday slammed news reports that claim India's COVID-19 death count to be much higher than reported by the government, saying that they were based on studies conducted on 'audacious assumptions'. In a...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy
New Delhi: A total of 645 children lost their parents to COVID-19 from April to May 28 this year during the second wave, the Women and Child Development Ministry said on Thursday. In response to a question in the Rajya Sabha, Women and Child Development...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: Air India is a separate corporate entity with its own management and board so there is ''no likely impact'' on its ongoing disinvestment process due to the lawsuits filed by Cairn Energy and Devas Multimedia in the US court, Minister...
by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life, Workplace/Employee Benefits
New Delhi: As many as 3,523 employees of Air India Ltd were affected by the COVID-19 pandemic, including 56 who succumbed to the viral infection, the Centre informed the Lok Sabha today. While giving a written reply to Congress MP Ravneet Singh Bittu's...
by AIP Online Bureau | Jul 22, 2021 | Health, International News, Pandemic
Johnson & Johnson on Wednesday forecast $2.5 billion in 2021 sales for its COVID-19 shot and set a lower production target for the vaccine as lengthy manufacturing problems took a toll. The company now expects to produce 500 million to 600 million doses of...
by AIP Online Bureau | Jul 22, 2021 | International News, Non-Life, Reinsurance
Hamilton: Specialist global insurer Hiscox announces today that after 21 years as Group Chief Executive, Bronek Masojada has informed the Board of his intention to retire at the end of the year. Following a thorough succession process, the Board has appointed Aki...
by AIP Online Bureau | Jul 22, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Excessive heat and drought conditions, combined with other adverse weather conditions, spawned a damaging series of wildfires in the western U.S., a trend that could have a significant impact on the property and casualty insurance market. The National...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BERLIN: Insured losses from floods in western Germany last week may total 4 billion to 5 billion euros ($4.7-5.9 billion), insurance industry association GDV said on Wednesday. It said the floods in the states of North Rhine-Westphalia and Rhineland-Palatinate are...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pension & Social Security, Reinsurance
NEW YORK: – A federal judge has narrowed the scope of a U.S. Department of Justice lawsuit blocking the proposed $30 billion merger of insurance brokers Aon PLC and Willis Towers Watson PLC, allowing the companies to finalize remedies for three...
