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MPs to buttress post-Brexit Britain as a financial centre

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, International News

LONDON: Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month. “We’ll make a series of recommendations for...

Aon develops $70mn in alternative capital capacity to transfer systemic cyber risk

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

  LONDON: Aon plc has launched a new product with Hudson Structured Capital Management Limited (undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM have already...

Questionable testing may be the reason India’s Covid-19 numbers are down

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

India’s daily coronavirus infections have been cut in half since a peak of more than 97,000 in mid-September, but the significant drop has raised fresh questions over the South Asian nation’s testing regime and whether it reflects the true state of its...

COVID-19 caseload in India breaches 90-lakh mark

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India's COVID-19 caseload surpassed the 90-lakh mark on Friday with 45,882 new cases, while the recoveries surged to 84.28 lakh pushing the national recovery rate to 93.6 per cent, according to the Union Health Ministry data The total coronavirus cases...

New Microsoft programme to nurture health tech startups in India

by AIP Online Bureau | Nov 20, 2020 | Eco/Invest/Demography, Health, Indian News, Technology

  New Delhi: Microsoft on Thursday launched a dedicated programme to help healthtech startups flourish in India, as the pandemic impacts every aspect of the healthcare system in the country. Microsoft informed that it has collaborated with startup incubator...

China all set to change its development model from 2021: Xi Jinping

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News

Chinese President Xi Jinping said on Thursday that China is set to change its development model from next year, relying more on domestic consumption than export-reliant growth which propelled it to become the world's second largest economy next only to the United...

WHO advises against Gilead’s remdesivir for all hospitalised COVID-19 patients

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

LONDON : Gilead’s drug remdesivir is not recommended for patients hospitalised with COVID-19, regardless of how ill they are, as there is no evidence it improves survival or reduces the need for ventilation, a World Health Organization panel said on Friday....

Social distancing most effective tool to combat COVID-19: Study

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  Physical distancing is an effective intervention in all settings, versus other forms of transmission rate depending on the transmission probability, according to researchers who reported a model for estimating the number of new COVID-19 infections. A research...

Large Boeing 737 MAX customers signal caution on orders amid COVID-19

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  DUBLIN/CHICAGO: A day after Boeing Co BA.N received approval for its 737 MAX to fly again following a 20-month grounding, its two largest U.S. and European customers signaled caution on their order books as they monitor demand in the midst of the coronavirus...

New internet rules to give Pakistan blanket powers of censorship

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

ISLAMABAD: Pakistan is all set to roll out new internet rules that critics say will give the government wide powers of censorship after rejecting requests from social media companies for consultation. Muslim-majority Pakistan already has media regulations that adhere...
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