by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Indian News, Pandemic, Risk Management
Mumbai: Regulator Sebi on Wednesday relaxed certain surveillance measures, including those pertaining to market wide position limits, that were put in place eight months ago to curb volatility in the markets due to the coronavirus pandemic. Citing the "changed...
by AIP Online Bureau | Nov 25, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Mumbai: Banking operations across the country may be impacted on Thursday as some bank unions would be joining the one-day nationwide strike called by central trade unions. Ten central trade unions, except Bharatiya Mazdoor Sangh, will observe the nationwide general...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
The global tally of confirmed coronavirus cases hit 60 million on Wednesday, with the pace of new infections accelerating and the United States reporting record numbers of hospitalizations, according to a Reuters tally.Officials in the United States, the...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Plasma treatment shows no benefit in severe COVID-19 Blood plasma from...
by AIP Online Bureau | Nov 25, 2020 | Facts, Health, Pandemic
GENEVA: All adults should do a minimum of 150 minutes of vigorous physical activity per week, even more vital for well-being and mental health in the COVID-19 era, the World Health Organization (WHO) said on Wednesday in its first guidance in a decade.It recommended...
by AIP Online Bureau | Nov 25, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News
Chennai: Very severe cyclonic storm Nivar made landfall near Puducherry in the early hours of Thursday, bringing heavy rains to the union territory and neighbouring Tamil Nadu, India Meteorological Department (IMD) officials said. Nivar weakened into a severe cyclonic...
by AIP Online Bureau | Nov 25, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: The Chennai international airport has been closed till 7 AM on Thursday amid bad weather conditions caused by Cyclone Nivar, the Civil Aviation Ministry said. Gusty winds and rains lashed parts of Tamil Nadu on Wednesday, leaving several areas inundated....
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler, chairman and chief executive of the French reinsurer SCOR, said on Wednesday. SCOR, one of the world’s largest reinsurers, has...
by AIP Online Bureau | Nov 25, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life
AIA Group Ltd. said it’s paring coal-related investment as financial firms globally face pressure to reduce their carbon assets. The Hong Kong-based insurer said it decided to end all direct equity investments in coal mining and coal-fired power producers...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Risk Management, Technology
LONDON : Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech firms are expected to offer insurance, helped by the impact...