by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Facts, Risk Management
The coronavirus pandemic has shown there’s a leadership deficit around the world, according to a survey which said more people trust companies over their governments to keep economies going during the crisis. Over 70 per cent of citizens around the globe say...
by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Mumbai: Maharashtra Energy Minister Nitin Raut on Wednesday said a possibility of sabotage cannot be ruled out in the massive power outage in Mumbai and neighbouring areas two days back. Talking to reporters, Raut said the power breakdown in the metropolis and...
by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people. The $12 billion “envelope" is part of a...
by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Eli Lilly and Co said on Tuesday that the government-sponsored clinical trial of its COVID-19 antibody treatment similar to one taken by U.S. President Donald Trump has been paused because of a safety concern.Trump touted the Lilly drug, along with the antibody...
by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Health, International News, Pension & Social Security
New Delhi: The International Monetary Fund on Tuesday estimated that India will fall below Bangladesh in terms of per capita Gross Domestic Product (GDP) as the economy, is projected to contract by a massive 10.3 per cent this year. India’s Gross...
by AIP Online Bureau | Oct 14, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India's COVID-19 caseload rose to 72,39,389 with 63,509 infections being reported in a day, while the number of people who have recuperated from the disease crossed 63 lakh pushing the recovery rate to 87.05 per cent, according to the Health Ministry...
by AIP Online Bureau | Oct 13, 2020 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pandemic, Risk Management, Workplace/Employee Benefits
Singapore: Employer-sponsored health care benefit costs are expected to increase by 8.5% in Asia Pacific (APAC) in 2021 following a year in which the COVID-19 pandemic has had a significant impact on health care utilisation and overall costs, according to a...
by AIP Online Bureau | Oct 13, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Reinsurance, Workplace/Employee Benefits
LONDON: Lloyd’s CEO, John Neal said the novel coronavirus (COVID-19) pandemic has accelerated Lloyd’s plans to transform its iconic headquarters in the City of London into a workplace for the future. “The Lloyd’s building is almost 35...
by AIP Online Bureau | Oct 13, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
OSLO: Russia was behind a cyber attack launched against the Norwegian parliament in August, the Norwegian foreign minister said on Tuesday. On Sept. 1, the Norwegian parliament said it had sustained a cyber attack during the previous week and that the email accounts...
by AIP Online Bureau | Oct 13, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management, Technology
Facebook Inc will start banning ads that explicitly discourage people from getting vaccinated, the world’s largest social media company said on Tuesday, as it also announced a new flu vaccine information campaign. Ads advocating for or against legislation...