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One in five COVID-19 patients develop mental illness within 90 days – Lancet study

by AIP Online Bureau | Nov 9, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

LONDON: Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a large study found 20% of those infected with the coronavirus are diagnosed with a psychiatric disorder within 90 days.Anxiety,...

English judge blocks $6.6 billion Brazil lawsuit against BHP over burst dam

by AIP Online Bureau | Nov 9, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life

LONDON: A 5.0 billion pound ($6.6 billion) English lawsuit against Anglo-Australian mining giant BHP BHPB.LBHP.AX has been struck out, in a blow to a 200,000-strong Brazilian claimant group seeking damages after a devastating dam failure in 2015.A High Court judge in...

EU urges online platforms to gird for new wave of COVID consumer scam

by AIP Online Bureau | Nov 9, 2020 | Uncategorized

  BRUSSELS: The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of disinformation related to the...

NGT imposes ban on sale, use of firecrackers in NCR from Nov 9 to Nov 30

by AIP Online Bureau | Nov 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

New Delhi: The National Green Tribunal (NGT) on Monday imposed a total ban on sale or use of all kinds of firecrackers in the National Capital Region (NCR) from the midnight of November 9 to the midnight of November 30. A bench headed by NGT Chairperson Justice Adarsh...

Bezos beats defamation lawsuit over photos leaked to enquirer

by AIP Online Bureau | Nov 9, 2020 | International News, Risk Management

Amazon.com Inc. founder Jeff Bezos won’t have to go to trial in a defamation lawsuit his girlfriend’s brother brought against him over nude photos of Bezos leaked to the National Enquirer. A California state judge, who had issued a tentative ruling...

Top $5 trillion investor group pushes firms to cut out thermal coal

by AIP Online Bureau | Nov 9, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

LONDON: Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment.The Net-Zero Asset Owner Alliance, whose...

Q&A: Where are we in the COVID-19 vaccine race?

by AIP Online Bureau | Nov 9, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  NEW YORK: Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway.The following is what we know about the race to deliver...

Life insurers’ new premium income rises 32 % to Rs 22,776 crore in Oct, LIC & HDFC Life shine 

by AIP Online Bureau | Nov 9, 2020 | Indian News, Life

  Hyderabad: Led by state owned Life Insurance Corporation(LIC), the life insurance industry, amidst Covid-19 Pandemic disruptions,has staged a remarkable comeback as the new premium income of the industry has surged by 32 per cent year-on-year(Y-O-Y) to Rs...

Cinven and Singapore’s GIC to acquire specialist insurance broker Miller

by AIP Online Bureau | Nov 9, 2020 | Intermediaries, International News, Non-Life, Reinsurance

  London: Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, today announce that they have reached an agreement to acquire leading specialist insurance and (re)insurance broker,Miller, from its partners and corporate...

Edelweiss Tokio Life Insurance launches one yr Covid-19 cover,offers a minimum critical illness benefit of Rs10 lakh

by AIP Online Bureau | Nov 9, 2020 | Indian News, Life, Pandemic

  Mumbai: With premium rates starting at only Rs. 5,329, Edelweiss Tokio Life Insurance today announced the launch of Covid Shield+ offering a critical illness benefit of minimum Rs10 lakh post 24-hour ICU or HDU hospitalization owing to Covid-19. The...
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