by AIP Online Bureau | Oct 29, 2020 | Banking & Bancassurance, Eco/Invest/Demography, International News, Technology
LONDON: When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped several lenders cope with the deluge. The bots were one of many quick technology changes deployed across the...
by AIP Online Bureau | Oct 29, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India's COVID-19 caseload surpassed the 80-lakh mark on Thursday, 18 days after it had gone past 70 lakh, with 49,881 new cases while the recoveries surged to 73.15 lakh pushing the national recovery rate to 90.99 per cent, according to the Union...
by AIP Online Bureau | Oct 29, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON: Lloyd's of London firm Apollo has written insurance for Adani Enterprises' ADEL.NS Carmichael thermal coal mine which expires in Sept 2021 but is not planning to provide any further insurance for the mine, according to a memo seen by Reuters....
by AIP Online Bureau | Oct 29, 2020 | Indian News, Life
Mumbai: The Banks Board Bureau(BBB), the official selection body of CMDs, MDs and CEOs, of the public sector banks and insurance companies, has selected Siddhartha Mohanty, CEO, LIC Housing Finance, for the position of managing...
by AIP Online Bureau | Oct 28, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India''s COVID-19 caseload surpassed the 80-lakh mark on Wednesday night, 18 days after it crossed 70 lakh, while the total number of recoveries went past 73 lakh, according to data from states and union territories. The Union Health Ministry...
by AIP Online Bureau | Oct 28, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
NEW DELHI: Fast but less accurate “rapid antigen tests” now account for 60% of all coronavirus tests in India, the head of a top diagnostic firm estimated on Wednesday, warning that such a high use could misrepresent the actual spread of the...
by AIP Online Bureau | Oct 28, 2020 | Eco/Invest/Demography, International News, Reinsurance
Hong Kong: Peak Reinsurance Company (“Peak Re) a Hong Kong-based global reinsurer,announced today that its wholly-owned subsidiary Peak Re (BVI) Holding Limited,has successfully completed the issuance of $ 250 million of perpetual subordinated...
by AIP Online Bureau | Oct 28, 2020 | Indian News, Non-Life
Mumbai: With an underwriting profit of Rs. 56 cr,SBI General Insurance seen its net profit surging by 53 per cent year-on-year(y-o-y) to Rs 300 crore in H1 FY 2020-21. The general insurer has manged to achieve a positive Combined Ratio, indicating the operation...
by AIP Online Bureau | Oct 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management, Technology
Zurich: Swiss Re is joining The Trinity Challenge,a global coalition that aims to better predict and prevent outbreaks, epidemics and pandemics by harnessing the power of data and analytics. Swiss Re has integrated COVID-19 related health,...
by AIP Online Bureau | Oct 28, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News
United Nations: An Indian organisation that leverages tourism and technology to help remote communities access solar energy has won a prestigious UN award for its efforts to combat climate change amid the COVID-19 pandemic. The Global Himalayan Expedition (GHE)...
