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Citigroup forms energy transition group within investment banking – memo

by AIP Online Bureau | May 14, 2021 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Citigroup Inc has created a unit within its energy investment bank dedicated to the clean energy transition, aiming to capture more business from the shift towards a lower carbon economy, according to an internal memo seen by Reuters. The entity will be headed...

MoF wants staffs of banks and insurance companies to be vaccinated on priority

by AIP Online Bureau | May 14, 2021 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Pandemic, Policy

  New Delhi: The ministry of finance(MoF) has asked the state governments and union territories to provide Covid-19 vaccination to the employees of banks and insurance companies on a priority basis.  In a recent letter to the chief secretaries of...

Vaccine lottery: Indian states grapple with how to share COVID-19 jabs

by AIP Online Bureau | May 14, 2021 | Articles, Eco/Invest/Demography

  Anuradha Nagaraj and Roli Srivastava A rjun Kumar was wary about getting a COVID-19 vaccine until India's deadly second wave reached villages near his home in the eastern state of Odisha. Now, like thousands of others scrambling to book a vaccine...

Cyclone Tauktae: NDRF teams deployed in five states

by AIP Online Bureau | May 14, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: National Disaster Response Force (NDRF) is well prepared ahead of Cyclone Tauktae striking the coasts of Kerala, Tamil Nadu, Karnataka, Gujarat and Maharashtra, NDRF officials said on Friday. "#CycloneTauktae UPDATE- 53 #NDRF teams committed, 24...

World Insurance Report 2021: Insurers must blend physical and digital distribution models in a post-pandemic era

by AIP Online Bureau | May 14, 2021 | Articles, Banking & Bancassurance, Health, Intermediaries, Life, Non-Life, Pandemic, Regulation

  Capgemini and Efma’s World Insurance Report 2021, published today, finds that insurers need to rethink their distribution models to offer uninterrupted service, superior customer experience (CX), and maximum value as the industry’s  business...

Govt working in war-footing mode to fight second wave of COVID-19: PM Modi

by AIP Online Bureau | May 14, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Stating that the country is fighting an invisible enemy, Prime Minister Narendra Modi on Friday said the government is working in war-footing mode to fight the second wave of COVID-19 and expressed confidence in winning the battle. Addressing a video...

Mass shooting insurance in high demand as U.S. emerges from lockdown

by AIP Online Bureau | May 14, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As normality filters back into American lives after a year of lockdowns, hospitals and other institutions are busy making provisions for one aspect of that old normal they would rather consign to the past – mass shootings. Last year was the least deadly for U.S....

Obese girls at higher risk of cardiovascular disease in adulthood: Study

by AIP Online Bureau | May 14, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life

  A new study has found that girls are more likely than boys to develop metabolic alterations associated with obesity, such as high blood pressure and excessive blood levels of cholesterol and triglycerides (dyslipidemia). The study was conducted in Brazil on 92...

Delaying 2nd Covid vaccine dose in under 65 may cut deaths: Study

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

A team of US researchers has found that delaying the second dose of Covid-19 vaccines, at least for people aged under 65, could result in up to 20 percent lower mortality, but only under certain conditions. These conditions include one dose vaccine effectiveness...

Colonial Pipeline has cyber insurance policy, paid hackers nearly $5 Million in ransom

by AIP Online Bureau | May 13, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  LONDON: Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd's of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday. Insurance Insider reported the news late on Wednesday, saying the cover...
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