by AIP Online Bureau | Nov 17, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
PUERTO CABEZAS, Nicaragua: Hurricane Iota sent zinc roofing flying into the streets, toppled electricity poles and flayed palm trees as its core approached a remote Central American coast on Tuesday, the second giant storm to tear at the area this month.Iota reached...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life, Pension & Social Security, Reinsurance
London: The 9M20 results of the four major European reinsurers – Munich Reinsurance Company (Insurer Financial Strength (IFS): AA/Stable), Swiss Reinsurance Company Ltd (IFS: A+/Stable), Hannover Rueck SE (IFS: AA-/Stable) and SCOR SE (IFS: AA-/Stable)...
by AIP Online Bureau | Nov 17, 2020 | Intermediaries, International News
NEW YORK: bolt has reached an all-time high of more than $4 billion in active insurance premium on its platform, growing premiums by more than a third since May. bolt's insurtech exchange is one of the world's leading platforms for distributing insurance...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life
HYDERABAD: Civil Aviation Minister Hardeep Singh Puri on Monday expressed confidence that air travel would reach pre-COVID levels by the end of the year or early next year. "We opened civil aviation on May 25, a good two months and two days after we have...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India is in dialogue with the US-based biotech giant Moderna over the progress in the clinical trials of its coronavirus vaccine candidate, which the firm said has shown 94.5 percent efficacy, official sources said on Monday. Moderna on Monday said...
by AIP Online Bureau | Nov 17, 2020 | Health, Indian News, Risk Management
Hyderabad: Pfizer Inc and its group companies filed a petition in a US court against Aurobindo Pharma Ltd and Dr Reddy's Laboratories alleging that the Indian drug makers were planning separately to come out with generic versions of itsblockbuster...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The number of new coronavirus infections reported in a day dropped below 30,000 after four months,taking India's COVID-19 caseload to 88.74 lakh, while? the number of people who have recuperated from the disease surged to 82,90,370 according to...
by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
Mumbai: Referring to China as a major "challenge" from a cybersecurity perspective for India, National Cyber Security Coordinator Lt Gen (retd) Rajesh Pant on Monday said cyberattacks have gone up multifold in the current environment. Pant, who took over the...
by AIP Online Bureau | Nov 16, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Washington: The United States' top infectious disease scientist Anthony S. Fauci on Monday hailed early results from Moderna's Covid-19 vaccine trial as "stunningly impressive," calling the findings an emphatic validation of experimental mRNA...
by AIP Online Bureau | Nov 16, 2020 | Eco/Invest/Demography, Indian News, Life, Policy
New Delhi: The finance ministry on Monday invited bids from actuarial firms for arriving at the embedded value of Life Insurance Corporation (LIC) ahead of its stake sale. The government plans to sell minority stake in the insurance behemoth and list it on the...