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Aon and Willis Towers Watson establish ‘One Firm’ Vision, Name Executive Committee for proposed combination

by AIP Online Bureau | Jan 27, 2021 | Intermediaries, International News, Non-Life, Reinsurance

DUBLIN: Aon plc and Willis Towers Watson plc today announced the future leadership team for the firm that will be effective upon the completion of the proposed combination of Aon and Willis Towers Watson. Guided by a one firm mindset, the new leadership team will come...

Cyber Insurance- a must for Enterprises

by AIP Online Bureau | Jan 27, 2021 | Articles, Eco/Invest/Demography, Non-Life, Risk Management, Technology

. The Covid-19 pandemic has enabled a large-scale migration to digital.  From small family-owned enterprises that use digital for order processing / payment to larger conglomerates that use digital for seamless WFH, there has been an unprecedented adoption of...

Governments, insurers should work together on global risks-executives

by AIP Online Bureau | Jan 27, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

  LONDON: Companies, insurers and governments need to work together to help businesses cope with major risks such as climate change and cyber security, company executives said on Tuesday. "Public-private partnerships are the only way to tackle climate...

Indian startups attract $10.14 billion in funding in 2020: Report

by AIP Online Bureau | Jan 27, 2021 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of...

IRDAI extends CKYCR to legal entities

by AIP Online Bureau | Jan 27, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

  Hyderabad: The Insurance Regulatory and Development Authority of India has asked reporting entities to upload 'Know Your Customer' data pertaining to accounts of legal entities opened on or after April 1 onto the Central KYC Registry (CKYCR). Reporting...

IMF says India will reclaim status of world’s fastest-growing economy, projects 11.5 pc growth

by AIP Online Bureau | Jan 27, 2021 | Eco/Invest/Demography, Health, Indian News

  Washington: India will reclaim the status of world's fastest-growing economy and will be the only economy that will grow in double-digit, projected International Monetary Fund (IMF). In its latest World Economic Outlook update released on Tuesday, the IMF...

Brazil’s Bolsonaro gives nod to private sector buying COVID-19 shots, AstraZeneca balks

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Brazil's President Jair Bolsonaro on Tuesday said he has approved a group of private sector companies to buy 33 million vaccine doses from AstraZeneca Plc, something the British drugmaker firm said cannot happen "at this moment." Speaking at a...

Over 1.95 mn people vaccinated against Covid-19 in India: Health ministry

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, Indian News

New Delhi: The cumulative number of healthcare workers vaccinated against COVID-19 crossed 20.29 lakh on Tuesday. A total of 20,29,424 beneficiaries (till 7 pm Tuesday) were vaccinated through 36,572 sessions, as per the provisional report, said Ministry of Health and...

IMF lifts global growth forecast for 2021, still sees ‘exceptional uncertainty’

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Washington: The International Monetary Fund on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn last year – the biggest peacetime contraction since the Great Depression – would be nearly a...

Programmes tackling extreme poverty reach nearly 92 mln people

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

TORONTO: Targeted efforts to improve the income of the world's poorest households are benefiting nearly 92 million people across 75 countries, according to a World Bank study released on Tuesday. Designed to drive people out of extreme poverty, these programmes...
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