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Reinsurer Conduit rises 5% after pricing $1.1 billion London IPO

by AIP Online Bureau | Dec 3, 2020 | International News, Reinsurance

  LONDON: Reinsurer Conduit saw its shares rise 5% on its London market debut after pricing an 826 million pound ($1.1 billion) initial public offering (IPO) earlier on Wednesday. The company sold 164.13 million shares at 500 pence per share, it said earlier in...

North American farmers profit as consumers pressure food business to go green

by AIP Online Bureau | Dec 3, 2020 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life

  By Karl Plume, Rod Nickel Beer made from rice grown with less water, rye planted in the off-season and the sale of carbon credits to tech firms are just a few of the changes North American farmers are making as the food industry strives to go green. The changes...

Facebook bans false claims about COVID-19 vaccines

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management, Technology

  PALO ALTO, Calif, Dec 03 Facebook Inc on Thursday said it would remove false claims about COVID-19 vaccines that have been debunked by public health experts, following a similar announcement by Alphabet Inc’s YouTube in October.The move expands...

Swiss central bank says wholesale digital currency trial a success

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Facts, Technology

ZURICH, Dec 03: Switzerland’s central bank has successfully tested using digital money to settle large scale transactions between financial institutions, it said on Thursday, but has not decided whether to issue its own digital currency. The experiment, known as...

RIMS and Max Life join hands to promote risk management awareness in India

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: US based RIMS, the risk management society® , and Max Life Insurance Company have come together to explore solutions to business challenges in the areas of risk Management in India.  “Today’s businesses are confronting a variety...

Italian regulator probes Allianz, Generali and UnipolSai over car claims

by AIP Online Bureau | Dec 3, 2020 | International News, Non-Life, Regulation

  MILAN: Italy’s antitrust authority said on Wednesday it had opened an investigation into Italian insurers UnipolSai and Generali and Germany’s Allianz for alleged unfair commercial practices in their car-insurance businesses. The regulator said the...

RBI puts curbs on HDFC Bank’s digital, credit card operations

by AIP Online Bureau | Dec 3, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

MUMBAI, Dec 03: The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month. The Reserve Bank of India...

World food price index jumps in November to almost six-year high – FAO

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Facts

  ROME,Dec 03: World food prices rose for a sixth month running in November, hitting almost a six year high with the index posting its biggest monthly increase since July 2012, the United Nations food agency said on Thursday. The Food and Agriculture...

Committed to engaging with Indian govt to bring Covid-19 vaccine: Pfizer

by AIP Online Bureau | Dec 3, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Global pharma major Pfizer on Thursday said it remains committed to engaging with the Indian government to explore opportunities to makePfizer/BioNTech vaccine available in the country. The UK on Wednesday became the first country to approve the...

COVID-19 caseload breaches 95-lakh mark,death toll climbs to 1,38,648 with 526 new fatalities

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi,Dec 02: India's COVID-19 caseload went past 95 lakh, while the total number of people who have recuperated from the disease surged to 89.73 lakh pushing the national recovery rate to 94.11 per cent, according to the Union Health Ministry data updated on...
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