by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
India has been the worst hit by ransomware in the Asia Pacific (APAC) region, with 74 per cent of organisations having suffered a ransomware attack this year, as compared to 67 per cent in Australia, 52 per cent in Japan and 46 per cent in Singapore, said a...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
COPENHAGEN: A new, mutated strain of the coronavirus stemming from mink farms in Denmark is “most likely” extinct, Denmark’s Ministry of Health said on Thursday, citing an assessment from the State Serum Institute, which deals with infectious...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Technology
TOKYO: Japan’s ruling Liberal Democratic Party (LDP) kicked off debates on Thursday on tax incentives next fiscal year to help Prime Minister Yoshihide Suga push his agenda on digitalisation and zero carbon emission backed by private-sector investment. The...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic
LONDON: Results of late-stage trials of University of Oxford’s COVID-19 vaccine candidate should definitely be known by Christmas, the chief investigator on the study said on Thursday, adding it was too early to know its efficacy yet. Asked if it was too...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Life, Non-Life
MILAN: Italy’s top insurer Generali on Wednesday said it is aiming to become a top player in asset management after confirming its 2021 financial targets despite the pandemic. At an investor day on Wednesday, the insurer said asset management allowed it to...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management
Cape Town: A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening up the industry to cover losses suffered because of the coronavirus pandemic. The court agreed with the...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
London: Insurance broker Aon plc has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach to capital optimization for re/insurers. The initiative follows Aon’s launch of similar Capital Advisory units...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
LONDON: Canada's Intact Financial IFC.TO and Denmark's Tryg TRYG.CO on Wednesday said they had reached an agreement to buy British insurance group RSA RSA.L for 7.2 billion pounds ($9.6 billion) in cash in one of Europe's biggest financial takeovers this...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had previously estimated, its Chairman Bruce Carnegie-Brown said on Wednesday.Carnegie-Brown told the Reuters Events Future of...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
WASHINGTON/SEATTLE : The United States lifted a 20-month-old flight ban on Boeing Co's BA.N 737 MAX on Wednesday, easing a safety crisis that left its top exporter with a tarnished reputation and hundreds of idle jets. But relatives of crash victims...
