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Indian tech firms struggling with Covid-19 trauma

by AIP Online Bureau | Jun 15, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic, Technology

  Saritha Roy I lost my father to Covid, I’m very stressed because I have so many responsibilities." "I saw so many deaths when I was in the ICU. I wake up to the sound of the ventilator beeps in the night. I don’t know why I’m...

COVID-19:Insurance protection gap reaches new high of $1.4 trillion in 2020, Swiss Re

by AIP Online Bureau | Jun 15, 2021 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Pandemic, Reinsurance, Risk Management

  Zurich: Swiss Re Institute today published its Resilience Index for the third consecutive year, revealing that the COVID-19 crisis reduced global macroeconomic resilience by close to a fifth in 2020. Global economic growth is expected to recover strongly this...

Narayan Murthy’s Anviti Insurance Brokers rebranded as Aon India

by AIP Online Bureau | Jun 15, 2021 | Indian News, Intermediaries, Non-Life, Reinsurance

  Mumbai: Aon plc,which has a 49 percent stake in the Indian composite broking firm Anviti Insurance Brokers Private Limited, today, announced that it will operate its insurance and reinsurance broking business under the Aon brand name in India...

Delhi defies social distancing norms, doctors say brace for COVID-19 ‘explosion’

by AIP Online Bureau | Jun 15, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: In India's capital, Delhi, thousands of commuters crowded into underground train stations and shopping malls on Tuesday, prompting some doctors to warn it could lead to a resurgence in COVID-19 infections. Major Indian cities have begun lifting...

Bharti AXA General Insurance posts a net of Rs 120 crore in FY 21,Combined ratio at 110.5%

by AIP Online Bureau | Jun 15, 2021 | Indian News, Non-Life

  New Delhi Non-life insurer Bharti AXA General Insurance,which is in the process of being taken over by ICICI Lombard General Insurnace, posted a profit after tax of Rs 120 crore in FY21. Combined ratio of the general insurer stood at 110.5 per cent compared to...

Global Covid-19 caseload tops 176 mn; deaths surge to more than 3.80 mn

by AIP Online Bureau | Jun 15, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

The overall global Covid-19 caseload has topped 176 million, while the deaths have surged to more than 3.80 million, according to the Johns Hopkins University. In its latest update on Tuesday morning, the University's Center for Systems Science and Engineering...

India reports 60,471 new COVID-19 cases, 2,726 deaths

by AIP Online Bureau | Jun 15, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India reported 60,471 new COVID-19 cases, the lowest count after 75 days, while the daily positivity rate further dropped to 3.45 per cent, according to the Ministry of Health and Family Welfare on Monday. The South Asian country's total COVID-19...

EU, U.S. sow seeds for climate cooperation, dodge coal’s end date – draft

by AIP Online Bureau | Jun 14, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The United States and European Union will pledge closer cooperation on fighting climate change at a summit on Tuesday, but will steer clear of setting a date to stop burning coal, according to a draft joint statement. U.S. President Joe Biden will meet the chief of...

Sri Lanka seeks initial $40m from fire-ravaged ship’s operator

by AIP Online Bureau | Jun 14, 2021 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance

  COLOMBO, Sri Lanka: Sri Lanka is seeking an interim claim of $40 million from the operator of a fire-ravaged cargo ship to cover part of the cost of fighting the blaze, officials said Saturday. Sri Lanka’s attorney general has sent the claim to lawyers...

Vaccines don’t prevent COVID but will help in keeping symptoms mild: Sangita Reddy

by AIP Online Bureau | Jun 14, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management

  Vaccines don't prevent coronavirus infections but will help in keeping the symptoms mild, Apollo Hospitals Joint MD Sangita Reddy said on Monday. In a series of tweets, Reddy also said she was going home today after being hospitalised for coronavirus...
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