by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
JOHANNESBURG: Happy Letsitsa hasn't paid off the money he borrowed to survive a 2019 drought that ravaged his maize and sunflower farm in the South African province of Free State. He has no drought insurance. If rains fail again, they could spell the end of...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
JOHANNESBURG: After losing 53 cars during xenophobic attacks in South Africa in 2019, Johannesburg car dealership owner Okey Uchendu never thought he would see his business destroyed again by civil unrest in less than two years. Already dealing with the impact...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BERLIN: The death toll from devastating floods in Europe soared to at least 108 on Friday, most in western Germany where emergency responders were frantically searching for missing people. Adding to the devastation, several more were feared dead in a landslide...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Indian News, Technology
Mumbai: Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval to raise up to 166 billion rupees ($2.23 billion) in one of the biggest stock market listings in the country. The offering,...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
Mumbai: The Covid-19 pandemic has been a “stress test” for the Indian pharma industry, and exposed its high dependence on imported raw materials and “surprisingly low” research and development efforts, a paper in RBI's July bulletin...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
The U.S. government on Thursday unveiled an online hub for the victims of ransomware attacks, saying it will make it easier for companies and municipalities to find resources and get assistance if they are targeted by cyber hackers. At the same time, the government...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The Supreme Court on Friday asked the Uttar Pradesh government to apprise it by July 19 on whether it would reconsider its decision to hold a symbolic Kanwar Yatra in the state, saying the right to life is paramount. A bench of Justices RF Nariman...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security
Ahmedabad: The International Financial Services Centres Authority (IFSCA), in its endeavour to develop a Longevity Finance Hub in GIFT city,has constituted an expert committee to recommend approach towards development of Longevity...
by AIP Online Bureau | Jul 16, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
Mumbai: RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a “policy priority” for the central to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming...
by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Pension & Social Security, Policy
London: Britain may have overpaid more than 8 billion pounds ($11 billion) in welfare payments as fraud and error reached record levels during the first year of the coronavirus pandemic, the government's spending watchdog said. The National Audit Office (NAO) said...
