by AIP Online Bureau | Sep 25, 2020 | Eco/Invest/Demography, Facts
SINGAPORE: Singapore’s population has shrunk for the first time since 2003 as travel curbs and job losses brought about by the coronavirus pandemic have pushed foreign workers from the global business hub. The overall population dropped by about 18,000...
by AIP Online Bureau | Sep 25, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
NEW DELHI: India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal seen by...
by AIP Online Bureau | Sep 25, 2020 | Uncategorized
New Delhi: The Indian economy will experience a record contraction in the fiscal year to March 2021 on account of the global Covid-19 pandemic but real GDP will recover significantly in FY22, rating agency Standard and Poor's said on Friday. S&P...
by AIP Online Bureau | Sep 25, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
Hyderabad: The insurance regulator IRDAI has identified three large state owned insurers- Life Insurance Corporation of India,( LIC), General Insurance Corporation of India and The New India Assurance as Domestic Systemically Important Insurers...
by AIP Online Bureau | Sep 25, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance
LONDON: Lloyd’s of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to be appealed. London judges ruled that...
by AIP Online Bureau | Sep 25, 2020 | International News, Life, Non-Life
LONDON/MUNICH/FRANKFURT: A consortium of German insurer Allianz ALVG.DE and life insurer Athora Holding is in advanced talks to buy Aviva's AV.L French operations in a deal worth between 2 and 3 billion euros ($2.3-$3.5 billion), sources close to the matter...
by AIP Online Bureau | Sep 25, 2020 | International News, Reinsurance
Zurich: Swiss Re announced today further streamlining of the legal entity structure of the Group. Following the announcement on 19 June 2020 that the Life Capital Business Unit will be disbanded, Swiss Re intends to also reorganise the legal...
by AIP Online Bureau | Sep 25, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
New Delhi: Primary healthcare is the government''s focus area where it is taking steps to provide quality medical facilities at the grassroots level, Niti Aayog CEO Amitabh Kant said on Thursday. In a virtual interaction with Puducherry Lieutenant Governor...
by AIP Online Bureau | Sep 24, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
New Delhi: There has been a steady rise in the number of heavy rainfall events during the last three years, Earth Sciences Minister Harsh Vardhan said on Thursday. He said studies show that the frequency of severe cyclones in the Arabian Sea has increased in...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Mumbai: India’s economy showed signs of stabilizing in August with manufacturing and services gradually improving even as coronavirus cases escalated across the country. Five of the eight high-frequency indicators compiled by Bloomberg News gained last month,...
