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Saudi Arabia to remove curbs on foreign workers to attract overseas talent

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

  Saudi Arabia will remove several controversial restrictions on foreign workers in a labor policy overhaul that officials hope will attract overseas talent and reduce citizen unemployment. Non-Saudis will no longer need their employer’s permission to...

Airlines can operate maximum 60% of pre-COVID domestic flights until February 24 next year:Govt

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Indian airlines can operate maximum 60 percent of their pre-COVID domestic passenger flights till February 24 next year due to the prevailing coronavirus situation, the Civil Aviation Ministry has said. The ministry had informed the airlines about...

20 per cent COVID-19 patients only show gastrointestinal symptoms: Study

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  Toronto: Almost one in five patients with COVID-19 may only show gastrointestinal symptoms such as nausea, vomiting and diarrhoea, according to a review of studies. The findings suggest that abdominal radiologists need to remain vigilant during the pandemic...

Britain prepares for COVID-19 vaccine as Oxford forecasts result this year

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  LONDON: Late-stage trial results of a potential COVID-19 vaccine being developed by the University of Oxford and AstraZeneca could be presented this year as the British government prepares for a possible vaccination rollout in late December or early 2021.A...

Govt issues ordnance to amend arbitration law

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Indian News, Policy, Risk Management

New Delhi: The government on Wednesday issued an ordinance to amend the arbitration law to ensure that all stakeholder parties get an opportunity to seek an unconditional stay on enforcement of arbitral awards where the arbitration agreement or contract is...

Nearly 2 crore people in Karnataka were COVID-19 infected, says govt survey

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Bengaluru:  At least 1.93 crore or 27.3 per cent of the people in Karnataka are either infected by coronavirus or had the infection in the past, as of 16 September, revealed a survey by the government to estimate the prevalence of COVID-19 in the state. Sharing...

High recovery keep active COVID-19 cases in India below 6 lakh

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Active COVID-19 cases in India have been witnessing a steady decline and remained below six lakh for the sixth consecutive day on Wednesday due to a sustained fall in the mortality rate and a large number of patients recuperating from the disease...

U.S. formally exits global climate pact amid election uncertainty

by AIP Online Bureau | Nov 4, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

WASHINGTON: The United States formally exited the Paris Agreement on Wednesday, fulfilling a years-long promise by President Donald Trump to withdraw the world’s second-largest greenhouse gas emitter from the global pact to fight climate change. But the outcome...

Poor public risk management led to higher Covid-19 Pandemic losses and P&C market exposure:Denis Kessler 

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Reinsurance, Risk Management

  Singapore: COVID-19 related charges, booked in the first half of 2020, by insurers and reinsurers globally, are broken down as 90 percent P&C, and 10 percent life,said Denis Kessler, chairman and chief executive officer of SCOR....

Technology can make India’s crop insurance scheme profitable:Report

by AIP Online Bureau | Nov 4, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  Singapore:: Lloyd’s broker New Dawn Risk has launched its new report: Technology brings new opportunities for India’s crop insurance scheme The report details changes that have been made to the government-sponsored scheme during 2020, which are...
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