by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Pandemic, Pension & Social Security, Risk Management
FRANKFURT: Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Paris: AXA XL is accelerating the scaling of its new Digital Risk Engineer proposition – a connected solution designed to enable companies to monitor the “health” of their buildings and assets – having recently completed the successful...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management, Technology
BEIJING: China’s banking and insurance regulator issued draft rules on Monday to rein in risks accumulated in country’s booming online insurance sector. The rules, on which the regulator is seeking public feedback till Oct. 28, will ban unlicensed...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Johannesburg: The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement with Pula to deliver best-in-class agriculture index insurance products to protect African...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
LONDON: Britain’s Financial Conduct Authority said on Tuesday it has filed for an expedited appeal in its business interruption test case as a precaution against insurers not agreeing by Wednesday to pay out on claims made during the pandemic. Hundreds of...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Facts, Health, Life, Non-Life
Mumbai/Delhi: With the lack of social bonding and the lopsided work-life balance accentuating anxiety level among urban Indians in the confinement period and triggering heart disease risks, the number of cardiovascular ailment cases is expected to increase...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: Daily COVID-19 cases in India dropped below 75,000 and less than 1,000 deaths were reported in a day after nearly a month, while total recoveries crossed the 51 lakh-mark, according to the Union Health Ministry's data updated on Tuesday. The...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while up to 38 million people are set to be pushed back into poverty, the World Bank said in an economic update on Monday....
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
The global death toll from COVID-19 rose past 1 million on Tuesday, according to a Reuters tally, a bleak milestone in a pandemic that has devastated the global economy, overloaded health systems and changed the way people live. The number of deaths from the...
by AIP Online Bureau | Sep 28, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The Union Health Ministry on Monday launched a web portal that will provide all important information on COVID-19, vaccine development, ongoing clinical trials and progress made in this area locally and globally. The ''vaccine web portal''...
