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Greensill creditors, led by Softbank, make $1.4 billion in claims to Australia parent

by AIP Online Bureau | Mar 20, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  SYDNEY : Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over A$1.75 billion ($1.35 billion) in claims to the company, administrators said on Friday. About $1.15 billion of that...

AM Best is the first rating agency to signs up to UN Principles for sustainable insurance

by AIP Online Bureau | Mar 20, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  AM Best has been one of the firt global rating agencies to become a signatory of the United Nations Environment Programme’s (UNEP) Principles for Sustainable Insurance (PSI). “AM Best and its major affiliates are pleased to become a signatory to the...

Global Covid-19 caseload tops 122.2 million: Johns Hopkins University

by AIP Online Bureau | Mar 20, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Washington: The overall number of global Covid-19 cases has surpassed 122.2 million, while the deaths have surged to more than 2.70 million, according to the Johns Hopkins University. In its latest update on Saturday morning, the University's Center for...

UN World Happiness Report 2021: India ranks 139 out of 149 nations, Pakistan happier at 105

by AIP Online Bureau | Mar 20, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  India has been ranked 139 out of 149 countries in the list of UN World Happiness Report 2021 released on Friday which is topped by Finland. The World Happiness Report 2021, issued by the UN Sustainable Development Solutions Network, focuses on the effects of...

Over 40,000 coronavirus cases recorded in India, highest in 111 days

by AIP Online Bureau | Mar 20, 2021 | Eco/Invest/Demography, Health, Pandemic

  New Delhi: India saw 40,953 new coronavirus infections being reported in a day, the highest single-day rise recorded in 111 days, taking the nationwide COVID-19 tally to 1,15,55,284, according to Union Health Ministry data updated on Saturday. Registering an...

Need to change Covaxin composition not felt yet due to vaccine’s good efficacy against mutant variants: Government

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The need to change the composition of Covaxin has not been felt yet in view of good efficacy of the vaccine against mutant variants, the government told Lok Sabha Friday. There are four mutations of the Covid-19 virus in India at present — two...

UN says Covid may become ‘seasonal’ and peak around autumn-winter

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

GENEVA: Covid-19 appears likely to develop into a seasonal disease, the United Nations said Thursday, cautioning though against relaxing pandemic-related measures simply based on meteorological factors. More than a year after the novel coronavirus first surfaced in...

Major Whatsapp, Insta outage; services resume soon

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi, Social media platforms WhatsApp and Instagram suffered a major outage on Friday night, but the services resumed after some time. Many WhatsApp users reported inability to send and receive messages, while Instagram too was down during the period. Independent...

Our digital transactions have gone as high as 67 pc now: SBI Chairman

by AIP Online Bureau | Mar 19, 2021 | Banking & Bancassurance, Indian News, Technology

Mumbai: The country's largest lender State Bank of India(SBI) has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent currently,...

Health claims should be processed within prescribed timelines:IRDAI

by AIP Online Bureau | Mar 19, 2021 | Health, Indian News, Non-Life, Pandemic, Regulation

  Hydearbad: Amidst rising claims on account of Covid-19 pandemic, the insurance regulator IRDAI has reminded the insurers about their duties and responsibilities towards policy holders in the matter of claims settlement without fail. It is essential that...
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