by AIP Online Bureau | Mar 4, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The daily new cases of COVID-19 in India were recorded above 17,000 after a little over a month taking the totaltally of cases to 1,11,56,923,while the recoveries surged to 1,08,26,075,according to the Union Health Ministry data updated on Thursday A total...
by AIP Online Bureau | Mar 3, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment to Revlon Inc. lenders. After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of...
by AIP Online Bureau | Mar 3, 2021 | Facts, Health, Risk Management, Technology
SACRAMENTO, Calif: The Medical Board of California said it would investigate a plastic surgeon who appeared in a videoconference for his traffic violation trial while operating. The Sacramento Bee reports Dr. Scott Green appeared Thursday for his Sacramento...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London: British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for pandemic-linked claims. Hiscox shares...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Regulation, Reinsurance
BRUSSELS: Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson, two people familiar with the matter said.The negotiations may derail...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, International News, Non-Life, Technology
A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to increase shipping costs, according to the head of one of the biggest U.S. freight brokers. “The domestic freight markets are...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
LONDON: Aon plc , a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced a first-of-its-kind offering to secure capital through a collaboration with Nayms, an insurtech platform that...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
NEW DELHI: Bharat Biotech's vaccine showed a 81% efficacy in preventing symptomatic COVID-19 in an interim analysis of a late-stage trial in India, it said on Wednesday, a major boost for the shot shunned by some health workers due to a lack of such data....
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Technology
New Delhi: The government has lifted the time restriction on receiving Covid-19 vaccine jabs so as to increase the pace of immunisation, Union Health Minister Harsh Vardhan said on Wednesday. People can now get vaccinated round-the-clock according to their...
by AIP Online Bureau | Mar 3, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
CHICAGO: Aon plc , a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces a new collaboration to develop a range of specialist liability reinsurance solutions that address product liability...