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Aviva exits Italian life insurance unit in $475-million sale

by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News, Life

Aviva Plc is selling its stake in its Italian life insurance joint venture for about 400 million euros ($475 million) as Chief Executive Officer Amanda Blanc continues her revamp of the firm. The insurer will sell its 80% holding in Aviva Vita to its partner UBI...

As more countries pledge zero emissions, coal finance evaporates

by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News

TOKYO: Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday. The exit from...

Covid passports seen as key to resuming international travel

by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirus-free status, joining a push to introduce so-called COVID passports to speed up the revival of international travel. The Travel Pass will display test...

Cost of one dose of the Sputnik V vaccine will be less than $10 for international markets

by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, International News

Moscow:  The Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund), announced  the cost of the Russian Sputnik V vaccine for international markets will be less than 10 per dose starting from February 2021, which is less than 20 for...

India’s COVID-19 caseload goes past 92 lakh; no. of active cases increases by 6,079

by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Indian News

New Delhi: India's COVID-19 caseload went past 92 lakh with 44,376 new cases reported in a day, while the number of recoveries surged to 86.42 lakh, the health ministry said on Wednesday. The number of total coronavirus cases rose to 92,22,216 in the country,...

Indian general insurance industry plunges into losses of Rs 1402 crore in 2019-20, sees higher FDI inflow

by AIP Online Bureau | Nov 24, 2020 | Indian News, Non-Life, Reinsurance

  Mumbai: State owned New India Assurance, at Rs1418 crore, might have contributed the highest net profit to the domestic general insurance industry, but the sector with 32 players has been saddled with total losses of Rs 1402 crore in FY 2019-20 as...

As India readies vaccine strategy, Modi warns of possible side-effects

by AIP Online Bureau | Nov 24, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  NEW DELHI: Indian Prime Minister Narendra Modi warned on Tuesday that any COVID-19 vaccine could lead to side-effects in some people, as even popular medicines do, and that the government would only go by science in finalising one for the country.The comments...

HDFC Life & HDFC Ergo launch a combi protection plan with term & COVID-19 health cover in a single policy.

by AIP Online Bureau | Nov 24, 2020 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  HDFC Life and HDFC Ergo have joined hands to launch a combi product ‘Click 2 Protect Corona Kavach’ to provide a complete financial protection package in the current pandemic environment, with HDFC Life’s Click 2 Protect 3D Plus...

Carbon pricing rises as world’s weapon of choice in climate fight

by AIP Online Bureau | Nov 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  LONDON/BRUSSELS:  Can you put a price on pollution? Some of the world’s biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.Matters are coming to a head. China, Japan and South...

India bans 43 more mobile apps as it takes on China

by AIP Online Bureau | Nov 24, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

NEW DELHI: India banned 43 mobile applications on Tuesday including Alibaba Group Holding Ltd’s e-commerce app Aliexpress in a new wave of web sanctions targeted at China with whom it has engaged in a months-long standoff at a Himalayan border site. The 43...
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