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WHO hopes to have 500 million vaccine doses via COVAX scheme in first-quarter 2021 – chief scientist

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic

GENEVA: The World Health Organization hopes to have half a billion doses of COVID-19 vaccines available for distribution by the global COVAX initiative in the first quarter of 2021, its chief scientist said on Friday. To date 189 countries have joined the COVAX...

Pandemic,Cyber-attack and Data Fraud remain top risk concerns for India Inc:Marsh/RIMs Study

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Pandemic, Risk Management

  Mumbai, Dec 04:  The continued effects of the COVID-19 pandemic, or a new public health crisis, emerged as the top risk concerns for Indian companies, according to a joint study conducted by Marsh, the world’s leading insurance broker and risk...

They don’t need me now’: COVID impact forcing Britons to food banks

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

LONDON,Dec 04: British food banks are seeing more families needing their support as the impact of the COVID-19 pandemic forces struggling people to seek help, charities and volunteers say.Lockdowns and other measures to curb the spread of the coronavirus have forced...

Pfizer says supply chain challenges contributed to slashed target for COVID-19 vaccine doses in 2020

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Health, International News

  Dec 04: Challenges in Pfizer Inc’s supply chain for the raw materials used in its COVID-19 vaccine played a role in its decision to slash its 2020 production target, a Pfizer spokeswoman told Reuters. Pfizer has said in recent weeks that it anticipates...

Millions of bad bots attacks on e-commerce sites detected

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi:Dec04 Amid the online shopping spree during the holiday season, security researchers with Barracuda Networks, a leading provider of cloud-enabled security solutions, have detected millions of bad bots attacks on e-commerce websites. These bad bots...

Re/Insurance firm Vantage announces launch

by AIP Online Bureau | Dec 4, 2020 | International News, Non-Life, Reinsurance, Technology

  NEW YORK: Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch of its wholly owned re/insurance subsidiary, Vantage Risk Ltd. (Vantage Risk). The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and...

Global reinsurance sector outlook stable on hardening market:Fitch

by AIP Online Bureau | Dec 4, 2020 | International News, Non-Life, Pandemic, Reinsurance

  London/Frankfurt:  Fitch Ratings' sector outlook for global reinsurance in 2021 is stable, reflecting hardening pricing conditions, stabilising pandemic-related claims but depressed investment income due to ultra-low interest rates and deteriorating...

Artificial intelligence alone can add USD 500 billion to economy: Google India

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Indian News, Technology

  Kolkata: Google India on Thursday said artificial intelligence alone can add USD 500 billion to the economy, and assist in better forecast of floods and accurate diagnosis of diseases. The company has committed USD 10 billion for expanding India''s...

WHO looks at possible ‘e-vaccination certificates’ for travel

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management, Technology

  ZURICH/GENEVA: The World Health Organization (WHO) does not recommend countries issuing “immunity passports” for those who have recovered from COVID-19, but is looking at prospects of deploying e-vaccination certificates like those it is developing...

RBI keeps key rates steady, Sensex hits 45,000 for the first-time

by AIP Online Bureau | Dec 4, 2020 | Eco/Invest/Demography, Indian News

  MUMBAI, Dec 04: The Reserve Bank of India (RBI) on Friday kept key interest rates steady as widely expected on Friday amid persistently high inflation, and after a better-than-expected reading on economic growth. The Indian markets scaled fresh lifetime highs...
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