by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India’s coronavirus case tally surged to 5.82 million after it recorded 86,052 new infections in the last 24 hours, data from the health ministry showed on Friday. A total of 1,141 people died of COVID-19 in the last 24 hours, the...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Non-Life, Risk Management
ISLAMABAD: The International Civil Aviation Organization (ICAO) has advised Pakistan to undertake “immediate corrective actions” and suspend the issuance of any new pilot licenses in the wake of a scandal over falsified licenses, according to an official...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits
NEW DELHI: Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India’s parliament this week, aimed at making hiring and firing workers easier and imposing restrictions on trade unions. The reforms to India’s...
by AIP Online Bureau | Sep 24, 2020 | International News, Non-Life, Reinsurance, Risk Management
London: AXA XL announced that Jonathan Salter has been appointed as Head of Risk Consulting, effective October 1st. In this role, he will drive AXA XL Risk Consulting’s strategy and value proposition globally, working closely with AXA XL’s...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life
New research has added to the growing body of evidence that men have a 62 per cent greater risk of COVID-19 associated death compared to women, possibly due to higher levels of inflammation. Increasing evidence suggests a gender difference in SARS-CoV-2 infections. In...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON: Regional reinsurers operating in the Middle East and North Africa (MENA) are no strangers to challenging operating conditions. In recent years, the region’s reinsurance market has been characterised by competitive pricing pressures, overcapacity...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Non-Life, Technology, Workplace/Employee Benefits
London: Next Insurance, an insurance startup serving small businesses and freelance workers on Wednesday said it raised $250 million (196.45 million pounds) in funding. The company was valued at over $2 billion, more than doubling its valuation from late last year,...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, International News, Pandemic, Risk Management
LONDON: Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market upheaval left many of them nursing losses.That would be...
by AIP Online Bureau | Sep 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
London: United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to more accurately reflect climate-related risks in their financial accounts.Such risks can range from physical dangers such as water...
by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Technology
DETROIT: ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp SBE.N in a deal that values the company at $2.4 billion. The deal is...
