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AM Best maintains negative outlook on India non-life insurance

by AIP Online Bureau | Jun 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  SINGAPORE: International rating agency AM Best has maintained its negative market segment outlook on India’s non-life insurance industry as the ongoing COVID-19 pandemic is likely to exacerbate pressure on India non-life insurers’ underwriting...

Swiss financial watchdog requires banks, insurers to disclose climate risks

by AIP Online Bureau | Jun 1, 2021 | Eco/Invest/Demography, Indian News

  ZURICH: Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an amended publication on disclosure....

Tobacco consumption is the single leading cause of cancer in India

by AIP Online Bureau | Jun 1, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

New Delhi: With mortality rates of Covid-19 being higher among patients with co-morbidities which are directly related to tobacco, Rajiv Gandhi Cancer Institute and Research Centre (RGCIRC) has launched an awareness drive to convince people to quit smoking during...

Chubb report reveals risk and uncertainty faced by digital SMEs

by AIP Online Bureau | Jun 1, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  SINGAPORE: Chubb has released a report, "Digital Business Accelerated," which explores how small and mid-sized businesses are managing their digital transformation – a transition that has accelerated in the wake of COVID-19. Chubb partnered with...

Overall impact of second Covid wave on economy not likely to be large: CEA

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: Chief Economic Adviser K V Subramanian on Monday said the overall impact of the second wave of Covid-19 on the country's economy is not likely to be large but cautioned about an uncertainty surrounding the pandemic going ahead. He further said...

Maha: Newborn tests positive for coronavirus in Palghar

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  A 15-hour-old girl in Palghar district of Maharashtra has tested positive for coronavirus, while her mother tested negative for the infection, a medical officer said. The woman, hailing from Darsheth village, gave birth to the child at a private nursing...

India’s active COVID caseload below 20-lakh mark, 1,27,510 new cases reported

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India recorded a single-day rise of 1,27,510 new COVID-19 cases, the lowest in 51 days, taking the country's infection tally to 2,81,75,044, according to the Union Ministry of Health and Family Welfare on Tuesday. India's active caseload...

Biden budget sets aside $750 mln for SolarWinds response

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

U.S. President Joe Biden's proposed budget includes $750 million for the government agencies hit by the SolarWinds hack to pay for cybersecurity improvements to prevent another attack. The money comes on top of a $500 million fund for federal cybersecurity as the...

UK in early stages of 3rd wave of coronavirus, warns Indian-origin scientist

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic

  An eminent Indian-origin scientist advising the British government has warned that there are signs that the UK is in the early stages of a third wave of coronavirus infections and urged Prime Minister Boris Johnson to delay the planned June 21 reopening of the...

Women in India had irregular gap in menstrual cycle during COVID-19: Study

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Facts, Health

  During the COVID-19 pandemic, women in India faced irregular gaps in their menstrual cycle due to coronavirus, bringing everyday stress and anxiety for them, as per the findings of a new study. The 6th annual Menstrual Hygiene Survey by Everteen, a feminine...
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