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Fairfax sales RiverStone Europe to CVC Capital

by AIP Online Bureau | Dec 2, 2020 | International News, Non-Life

  TORONTO:  Fairfax Financial Holdings announced that it has entered into a binding agreement with CVC Capital Partners (“CVC”) to sell all of its interests in RiverStone Europe to CVC Strategic Opportunities Fund II. OMERS, the pension plan...

Allianz to acquier Westpac Banking Corp’s general insurance business

by AIP Online Bureau | Dec 2, 2020 | Banking & Bancassurance, Eco/Invest/Demography, International News, Non-Life

Munuich: German insurnace major Allianz set to acquier the general insurance business of Westpac Banking Corp., the Australian banking group for a deal worth A$725 million (US$534 million). “We are delighted to further strengthen our position in the...

Fossil fuel production far exceeds climate targets, U.N. says

by AIP Online Bureau | Dec 2, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

LONDON, Dec 02: The world’s governments plan to produce more than double the amount of coal, oil and gas in 2030 than would be consistent with curbing global warming, the United Nations and research groups said on Wednesday in the latest warning over climate...

Aon launches digital cyber insurance for small and middle market businesses

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

  CHICAGO, :  Aon plc today announced the launch of a digital insurance solution for small and middle market businesses. With this new offering, businesses across a wide spectrum of industries can go through the full end-to-end process of buying and...

Charles Taylor appoints Bobby Gracey as global head of fraud

by AIP Online Bureau | Dec 2, 2020 | International News, Non-Life, Reinsurance, Risk Management

.  Singapore: Charles Taylor, the leading provider of services and technology solutions to the global insurance market, has today announced the appointment of industry expert Bobby Gracey, as Global Head of Fraud.  Bobby’s role will be to strengthen...

Odisha launches single emergency helpline ‘112’

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Facts, Risk Management

Bhubaneswar, Dec 02:  Odisha on Wednesday launched emergency helpline '112' to provide all forms of assistance to the people in distress. The '112' integrates emergency services such as police, ambulance, fire department and women's...

When and how will COVID-19 vaccines become available?

by AIP Online Bureau | Dec 2, 2020 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic

Britain on Wednesday became the first Western country to approve a COVID-19 vaccine, jumping ahead of the United States and Europe after its regulator cleared a shot developed by Pfizer and BioNTech for emergency use in record time. Pfizer, with partner BioNTech SE,...

59% Indians sceptical about Covid-19 vaccine, won’t rush to take it: Survey

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: With chances of affordable Covid-19 vaccine likely to be available by February 2021, 59 per cent Indians divulged that they will not rush to take it, a survey revealed on Wednesday. The last few weeks have given hope to the world with three vaccine...

SpiceJet gearing up to provide logistics support for COVID vaccination

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai,  Dec 02: Budget carrier SpiceJet on Wednesday said it is gearing up to provide logistics support for COVID-19 vaccination with its dedicated freighter division SpiceXpress having capability to transport extremely sensitive drugs and vaccines in...

UK approves Pfizer-BioNTech COVID-19 vaccine, first in the world

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  LONDON, Dec 02: Britain on Wednesday became the first country in the world to approve the Pfizer-BioNTech COVID-19 vaccine for use and said that it will be rolled out from early next week. A vaccine is seen as the best chance for the world to get back to some...
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