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ADB’s $300 mn funding to strengthen India’s primary health care in urban areas

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Health, Indian News

  Manila: The Asian Development Bank (ADB) has approved a USD 500 million loan to construct new metro rail lines in Bengaluru and another USD 300 million to strengthen primary health care in urban areas across the country. The ADB said onset of coronavirus...

France to help farmers to abandon glyphosate weedkiller developed by Bayer’s Monsanto

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, International News, Risk Management

  PARIS: France will give financial aid to farmers who agree to halt use of glyphosate, the farm ministry said on Monday after President Macron said he had failed with efforts to ban use of the weedkiller by 2021. Glyphosate, first developed by Bayer’s...

Get used to limited access, EU tells City of London bankers & insurers

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance

  LONDON: Britain’s huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU’s financial services chief said. Brexit makes it “even more urgent” for the...

Munich Re to no longer cover events cancelled for pandemics

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management

FRANKFURT/MUNICH: German reinsurance group Munich Re will no longer insure against events cancelled due to pandemics, a board member said on Tuesday. The world’s largest resinsurer is making the change after it faced large losses this year in the wake of the...

Aon report highlights a path toward “The New Better” in wake of COVID-19 Pandemic

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Facts, Non-Life, Pandemic, Reinsurance, Risk Management, Workplace/Employee Benefits

CHICAGO:,Dec 08  Aon plc has published a global report, "Helping Organizations Chart a Course to the New Better," which presents research, regional findings and trends on how organizations have responded to the novel coronavirus (COVID-19) pandemic to...

Prudence Foundation launches 2nd edition of its Tech Awards to find life-saving technologies for disaster resilience

by AIP Online Bureau | Dec 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Technology

  HONG KONG SAR: Prudence Foundation, the community investment arm of Prudential in Asia and Africa, together with Humanitarian Partner International Federation of Red Cross and Red Crescent Societies (IFRC) and Technology Partner Lenovo, today launches the...

Explainer: I just got a COVID-19 vaccine. Now what?

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

Britain will become the first country in the world on Tuesday to roll out the COVID-19 vaccine developed by Pfizer and BioNtech, initially making the shot available at 50 hospitals. The country’s National Health Service will give priority to vaccinating people...

PM says mobile technology to be used for COVID-19 vaccination drive

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic, Technology

New Delhi, Dec 08: With the chances of a COVID-19 vaccine being available soon increasing, Prime Minister Narendra Modi on Tuesday said the mobile technology will be used for mass inoculation against the pandemic. Speaking at the India Mobile Congress, he said...

French insurers to freeze premiums for sectors hardest hit by virus

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

PARIS: French insurers have committed to refrain from raising premiums next year on companies in the sectors hardest hit by the coronavirus outbreak, French Finance Minister Bruno Le Maire said on Monday. Under pressure from Le Maire, insurers faced the prospect of...

Global reinsurance market outlook stable, reinsurance capital exceeds $470 billion in 2020:AM Best

by AIP Online Bureau | Dec 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  London:  AM Best has maintained its market segment outlook on the global reinsurance industry at stable for 2021, citing factors that include positive pricing momentum, combined with tighter terms and conditions, offset somewhat by uncertainty with regard...
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