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India’s coronavirus infections rise to 6.31 million

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  BENGALURU: India’s coronavirus case tally increased by 86,821 in the last 24 hours to 6.31 million by Thursday morning, data from the health ministry showed, as the country eased more restrictions to combat the economic hit from the pandemic. Deaths from...

Moderna COVID-19 vaccine appears safe, shows signs of working in older adults: study

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  CHICAGO:- Results from an early safety study of Moderna Inc's MRNA.O coronavirus vaccine candidate in older adults showed that it produced virus-neutralizing antibodies at levels similar to those seen in younger adults, with side effects roughly on par with...

Lloyd’s launches “first-of-its-kind” parametric business interruption insurance policy for SMEs

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

London: Lloyd’s has launched a new “first-of-its-kind” business interruption policy for small and medium sized enterprises (SMEs), specifically designed to protect them against IT disruption or downtime. Parametrix Insurance offers simple and...

Georgia court allows lawsuit against sperm bank to proceed

by AIP Online Bureau | Sep 30, 2020 | International News, Non-Life, Risk Management

  A couple who accused a sperm bank of misrepresenting its process for screening donors and providing incorrect medical and educational history of the donor they selected can proceed with a lawsuit against the sperm bank, Georgia’s highest court ruled...

Financial firms and governments deeply sceptical of cryptocurrencies: survey

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin and other digital tokens for use in money laundering and sanctions busting among the chief worries. Around 60% of...

AIA Group CIO says equity volatility is biggest risk, has hedged

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, International News, Life

  Heightened equity market volatility extending beyond the U.S. presidential election is the most significant risk for investors, AIA Group’s chief investment officer said on Tuesday. Mark Konyn, group CIO at the insurance and securities firm in Hong Kong,...

Federation of LIC Class-I Officers’ Associations rejects 15 % wage hike offer by the Corporation

by AIP Online Bureau | Sep 30, 2020 | Indian News, Life

  Mumbai: Federation of LIC Class-I Officers’ Associations has  has rejected the offer of 15 per cent wage hike,on the wage bill as on 01st August 2017. offered by the management of the Life Insurnace Corporation(LIC).   Speaking on...

Private sector must focus on PPP to develop modern healthcare facilities in rural area:Venkaiah Naidu

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, Health, Indian News, Technology

  New Delhi: Venkaiah Naidu, Vice President of India today urged the private sector to come forward and expand their footprint through public-private partnership and set-up modern healthcare facilities in the rural areas. "Private players have added to the...

Unlock5: Centre permits schools, colleges, cinemas to reopen from October 15

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: The Union Home Ministry on Wednesday issued new guidelines for permitting more activities in areas outside the containment zones that include opening up cinemas, theatres and multiplexes with up to 50 per cent of their seating capacity from October 15....

HDFC Life launches ‘Futurance’ phase 3 to incubate startups in association with IvyCamp

by AIP Online Bureau | Sep 30, 2020 | Eco/Invest/Demography, Indian News, Life, Technology

  Mumbai: HDFC Life and IvyCamp, an initiative of IvyCap Ventures, today jointly launched the third phase of Futurance – the corporate engagement program to identify startups that are building innovative and next-gen capabilities in the insurance sector....
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