by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Workplace/Employee Benefits
Automakers Renault, its alliance partner Nissan Motor Co and Hyundai Motor Co face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19 infections. Eicher Motors Ltd-owned Royal Enfield will shut its three...
by AIP Online Bureau | May 25, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Washington: The United States will double its spending to $1 billion on preparations for extreme weather and other natural disasters as part of the battle against climate change, the White House said on Monday. It issued the statement just ahead of U.S....
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Pandemic, Pension & Social Security, Policy
New Delhi: The surge in Covid cases and consequent deaths have left more than 500 children orphaned in India. As many as 577 children lost their parents due to the pandemic, as per government sources. India has crossed the death toll of 3 lakhs and is now the third...
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
New Delhi: Air India Joint Action Forum of Unions on Tuesday sought an independent forensic audit into the operations of the airline's provident fund trusts, alleging ''huge losses'' due to ''questionable investments''. In an e-mail...
by AIP Online Bureau | May 25, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management
A tornado ripped through eastern India on Tuesday, killing at least two people and damaging dozens of homes as a powerful cyclone neared the coast, officials said, while authorities tried to move over a million people to safety from low-lying areas. Cyclone...
by AIP Online Bureau | May 25, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
A stark appeal by the world's top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world's top producers – from guarded praise and pledges to cut back on coal to outright defiance. The...
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
New Delhi: With just hours to go before the new IT rules for social media companies take effect, large digital platforms Facebook and Google on Tuesday asserted they are working towards meeting the compliance requirements. The new rules, announced on February...
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
While welcoming the announcement from the state of Victoria's funding of A$517 million (US$401 million), which will be allocated across several bushfire risk reduction projects,the Insurance Council of Australia (ICA), which represents general...
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Mauritius: Africa Specialty Risks, a reinsurance business focused on providing risk mitigating insurance solutions to the African Corporate and Specialty market, announced that it had launched a fully capitalised and licenced reinsurer based in...
by AIP Online Bureau | May 25, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: Moderna is expecting to launch a single-dose COVID-19 vaccine in India next year and is in talks with Cipla among other Indian firms, while another US giant Pfizer is ready to offer 5 crore shots in 2021 itself but it wants significant regulatory...
