by AIP Online Bureau | Feb 23, 2021 | Eco/Invest/Demography, International News, Life
LONDON : Aviva has agreed the sale of its operations in France for 3.2 billion euros ($3.89 billion) to French insurer Macif’s Aéma Groupe, it said on Tuesday. The London-based insurer, led by boss Amanda Blanc, said that the sale would...
by AIP Online Bureau | Feb 23, 2021 | International News, Risk Management, Technology
WASHINGTON: U.S. National Transportation Safety Board (NTSB) Chairman Robert Sumwalt said Monday that damage to a fan blade in a Pratt & Whitney engine that failed in a United Airlines Boeing 777-200 is consistent with metal fatigue, according to a...
by AIP Online Bureau | Feb 23, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Risk Management
RAINI, Uttarakhand: Growing up in a remote tribal village high in the Indian Himalayas, Kundan Singh loved to play on a field by the sparkling Rishiganga river. The 48-year-old recalls afternoons there competing in sports tournaments, surrounded by forests...
by AIP Online Bureau | Feb 23, 2021 | Uncategorized
DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank. Holders of Lakshmi Vilas Bank Ltd.’s equity shares and Tier-II bonds that were written off...
by AIP Online Bureau | Feb 23, 2021 | Eco/Invest/Demography, International News, Technology
Uber Technologies Inc.’s defeat in a UK legal battle over the way it treats its drivers is set to trigger a wave of complaints from workers across the region. Britain’s Supreme Court ruled Friday that Uber must treat its drivers as...
by AIP Online Bureau | Feb 22, 2021 | Eco/Invest/Demography, Health, International News
Israeli startup Earnix Ltd., which uses advanced analytics to help insurers and banks offer personalized financial products, reached a $1 billion valuation in a financing round led by Insight Partners. Existing investors Jerusalem Venture Partners, Vintage...
by AIP Online Bureau | Feb 22, 2021 | Eco/Invest/Demography, International News, Regulation
London: Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting rights because of Brexit. Roughly two-thirds of the 1,500 money managers, payment firms and insurers that have applied for...
by AIP Online Bureau | Feb 22, 2021 | Eco/Invest/Demography, Health, International News
London: The growing problem of manmade space debris has to be tackled as it could pose threat to current and future space operations, said Hiscox, the specialist insurer . NASA reports that the International Space Station has had to maneuver...
by AIP Online Bureau | Feb 22, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Berlin: The head of the World Health Organization pleaded with rich countries on Monday to check before ordering additional COVID-19 vaccine shots for themselves whether that undermines efforts to get vaccine shots to poorer nations. Wealthy nations have...
by AIP Online Bureau | Feb 22, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
LONDON: The World Health Organization has agreed a no-fault compensation plan for claims of serious side effects in people in 92 poorer countries due to get COVID-19 vaccines via the COVAX sharing scheme, resolving a big concern among recipient governments. The...