by AIP Online Bureau | Oct 28, 2020 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management
Singapore: The Singapore International Reinsurance Conference (SIRC) Organising Committee will be organising the ‘SIRC 2020 Re-Mind,’a virtual event during 2 to 5 November – as the rescheduled 17th SIRC, the...
by AIP Online Bureau | Oct 28, 2020 | Eco/Invest/Demography, International News, Technology
London: Solid investor appetite for new and mature opportunities in the InsurTech sector was again in evidence during Q3 2020, as $2.5 billion was raised by InsurTech firms across 104 deals, up 63% and 41% respectively over the prior quarter. Deals included two...
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
Mumbai & New Delhi: The Indian economy may contract or stagnate this fiscal but it will bounce back to be among the fastest growing in the world next year, Finance Minister Nirmala Sitharaman said .. Demand revival and the government’s focus on...
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
ZURICH: Novartis joined rivals Merck, Johnson & Johnson and Roche in predicting the worst of the pandemic may be over for drugmakers, amid signs healthcare systems have learned how to cope with surging infections without shutting down all services. The Swiss...
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
London:: UK Vaccine Taskforce Chair Kate Bingham said on Tuesday that the first generation of COVID-19 vaccines “is likely to be imperfect” and that they “might not work for everyone”. “However, we do not know that we will ever...
by AIP Online Bureau | Oct 27, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Lucknow: Prime Minister Narendra Modi on Tuesday said his government has acknowledged the honesty and hard work of street vendors by offering them loans that were inaccessible to the poor in the past. "Those doing politics in the name of the poor had created an...
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: Franz-Josef Hahn, chief executive officer, Peak Re, said that the wording in pandemic insurance contracts written in Asia Pacific were often tighter than in more developed markets due to the region’s additional experience with contagious...
by AIP Online Bureau | Oct 27, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Arctic headache for ship insurers as routes open upArctic headache for ship insurers as routes open upDouble the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose concentration and miss a mass of floating ice....
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
BRUSSELS: Only part of the European Union population can be inoculated against the new coronavirus before 2022, EU officials said in an internal meeting, as the vaccines the bloc is securing may not prove effective or may not be manufactured in sufficient...
by AIP Online Bureau | Oct 27, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: While the spread of Covid-19 in the country seems to be stabilising for now, two states and an Union Territory (UT) have remained a matter of concern for the Centre. NITI Aayog (health) member and head of the national task force for Covid-19, V.K. Paul,...