by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
ZURICH: The trend of rising reinsurance premiums, driven by high claims payments related to the coronavirus pandemic and a record hurricane season, is continuing as the next policy renewal round looms on July 1, Swiss Re said on Thursday. The head of the...
by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, Health, International News
London: Chaucer, the specialty (re)insurance group, today announced the launch of their new Belt and Road Consortium at Lloyd’s. The Consortium will initially underwrite political violence risks, with future solutions in development for other lines...
by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, International News, Pension & Social Security, Technology, Workplace/Employee Benefits
LONDON: Britain's Court of Appeal confirmed on Thursday that riders for food delivery firm Deliveroo were self-employed, dismissing a union appeal against past judgments on their status. Deliveroo (ROO.L) said it was the fourth court judgment in Britain which had...
by AIP Online Bureau | Jun 25, 2021 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Life, Non-Life, Policy, Reinsurance
TOKYO: Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions. Non-life insurer MS&AD, for one, foresees the potential rise...
by AIP Online Bureau | Jun 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
TOKYO: As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current levels. Sompo Holdings, the No. 3 non-life...
by AIP Online Bureau | Jun 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: The Prince Charles of the United Kingdom ,on Thursday, launched his Sustainable Markets Initiative (SMI) Insurance at Lloyd’s, the world’s leading insurance and reinsurance marketplace. The SMI Insurance Task Force, convened by...
by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
The overall global Covid-19 caseload has topped 179.9 million, while the deaths have surged to more than 3.89 million, according to the Johns Hopkins University. In its latest update on Friday morning, the University's Center for Systems Science and Engineering...
by AIP Online Bureau | Jun 25, 2021 | Uncategorized
Bengaluru: A team of developers in India has created a new app that is supported by Johns Hopkins University in the US and designed to guide people isolating at home after testing Covid-19 positive, right on their smartphones. The Vee+ Svasa app —...
by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
Early in the COVID-19 pandemic, scientists identified how SARS-CoV-2, the virus that causes COVID-19, gets inside cells to cause infection. All current COVID-19 vaccines and antibody-based therapeutics were designed to disrupt this route into cells, which...
by AIP Online Bureau | Jun 25, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India registered as many as 51,667 new COVID-19 cases in the last 24 hours, informed the Union Health Ministry. At 2.98 per cent, the daily positivity rate in the country remained below 5 per cent for the 18 days on the trot. The tally of daily...
