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“Reimagine insurance:Five keys to innovation”:McKinsey

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Facts, Health, Life, Non-Life, Pandemic

International consultant McKinsey has today released new insights on how insurers can adapt to the post-COVID-19 world, based on conversations with insurance leaders across the world. The report, entitled “Reimagine insurance:Five keys to innovation”,...

End of combustion engine moves closer with EU climate plan

by AIP Online Bureau | Sep 14, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Technology

  The European Union’s executive will unveil an ambitious emissions-cut plan this week that’ll leave no sector of the economy untouched, forcing wholesale lifestyle changes and stricter standards for industries. Under a new climate target for 2030,...

Slovenian woman sentenced for cutting off her hand for insurance payout

by AIP Online Bureau | Sep 14, 2020 | Facts, Non-Life

A court in Slovenia on Friday sentenced a 22-year-old woman to two years in prison for deliberately cutting off her hand with a circular saw to make a fraudulent insurance claim. The district court in Ljubljana said Julija Adlesic agreed with her boyfriend to have her...

Yoga, AYUSH herbs, nutritious diet: Health Ministry issues new protocol for recovered patients

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  New Delhi: In the light of growing evidence of post-COVID recovery complications, the Health Ministry on Sunday issued protocols that mandate follow-up of discharged patients at health facilities within a week. The post-COVID Management Protocol for holistic...

Same sex marriages not recognised by our laws society and our values Centre to HC

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life

New Delhi: The Centre on Monday told the Delhi High Court that marriage between same sex couples was "not permissible" as it is not recognised by "our laws, legal system, society and our values". The submission was made before a bench of Chief...

Indian government to infuse $2.72 billion in state-run banks

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Indian News

NEW DELHI: India’s government sought parliamentary approval to inject Rs 200 billion ($2.72 billion) in state-run banks in the current fiscal year, to help lenders mitigate the expected surge in bad loans due to the pandemic. In April, Reuters reported that New...

S&P expects India’s economy to contract 9% in fiscal 2021

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Indian News, Pandemic

BENGALURU: S&P Global Ratings said on Monday that it was expecting India’s economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction, as the country reels under the impact of the COVID-19...

Hannover Re anticipates significant price increases in property and casualty reinsurance

by AIP Online Bureau | Sep 14, 2020 | International News, Non-Life

  Hannover: Germany major Hannover Re expects to see significant price increases spanning the various lines of property and casualty reinsurance in the treaty renewals as at 1 January 2021. The key drivers here are the strains incurred by primary insurers and...

WHO head urges rich nations to join vaccine scheme by Friday deadline

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

Zurich/London Countries should join the World Health Organization’s (WHO) COVAX vaccine facility by a Friday deadline to help ensure that immunizations are fairly and efficiently distributed, WHO Director General Tedros Adhanom Ghebreyesus said on Monday. So...

Asia offers more flu shots to head off COVID-19 complications

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  TOKYO/SEOUL/BEIJING: Some Asian countries are rolling out early and more aggressive influenza vaccination programs this year, seeking to reduce the potential of people contracting the flu and COVID-19 simultaneously, crippling healthcare systems. With a second...
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