by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Risk Management
Johnson & Johnson JNJ.N said on Monday it had temporarily paused its COVID-19 vaccine candidate clinical trials due to an unexplained illness in a study participant, delaying one of the highest profile efforts to contain the global pandemic. The participant's...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The United States Olympic and Paralympic Committee (USOPC) said on Friday it has filed a lawsuit against its insurance providers for failing to fulfill obligations in reaching a settlement with survivors of the Larry Nassar sexual abuse scandal.Committee Chair...
by AIP Online Bureau | Oct 12, 2020 | Uncategorized
London: UK privacy protections were criticized by an activist who told the European Union that the British shouldn’t be trusted to protect user data after Brexit. The personal data of EU citizens “do not at present have an adequate level of protection in...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology
LONDON: CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack last month paralysed activity. France-based CMA CGM first reported the incident on Sept 28, saying it had shut...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON: Lloyd’s of London is reviewing the way insurance products are designed and sold as it calls for simpler products in response to the coronavirus pandemic, the commercial insurance market said on Monday. Insurers have suffered reputational damage as...
by AIP Online Bureau | Oct 12, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
WASHINGTON: Climate change poses a serious threat to global growth, the head of the International Monetary Fund said on Monday, urging the world’s top emitters to agree on a floor for carbon prices. IMF Managing Director Kristalina Georgieva told...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The prolonged closure of schools due to the COVID-19 pandemic in India may cause a loss of over USD 400 billion in the country''s future earnings, besides substantial learning losses, according to a World Bank report. South Asia region stands...
by AIP Online Bureau | Oct 12, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
GENEVA: Extreme weather events have increased dramatically in the past 20 years, taking a heavy human and economic toll worldwide, and are likely to wreak further havoc, the United Nations said on Monday.Heatwaves and droughts will pose the greatest threat in the next...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Indian News, Risk Management
Mumbai: Maharashtra Chief Minister Uddhav Thackeray on Monday took serious cognisance of a massive power outage in the Mumbai Metropolitan Region (MMR) and ordered an immediate probe into it. State Energy Minister Nitin Raut also said the reasons behind the technical...
by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Health, Intermediaries, International News, Non-Life, Pandemic, Reinsurance, Risk Management, Technology
LONDON/FRANKFURT: The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigour. Yet, while more...
