by AIP Online Bureau | Sep 10, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The Supreme Court Thursday extended its interim order that no account is to be declared NPA till further orders after the Centre said an expert panel has been set up to look into the issue of interest being charged by banks on instalments deferred during...
by AIP Online Bureau | Sep 10, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: Serum Institute of India (SII) on Thursday said it is pausing clinical trials of AstraZeneca Oxford COVID-19 vaccine candidate in the country. Earlier this week, AstraZeneca said it had paused the trials because of 'an unexplained illness' in a...
by AIP Online Bureau | Sep 10, 2020 | Eco/Invest/Demography, Health, Indian News, Technology
Mumbai: In a pre-series A investment, insurance-tech startup i3 systems has raised USD 1.5 million from Unitus Ventures. Alok Agarwal, CFO, Reliance Industries and Zhooben Bhiwandiwala, president, Mahindra Partners are co-investors in i3 systems along with...
by AIP Online Bureau | Sep 10, 2020 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Pandemic
“How can our society avoid the disastrous consequences associated with climate change risk?” asks a new Munich Re US white paper, Reimagining Resilience in a Post Pandemic World. The COVID-19 pandemic has led to societal and economic disruption on a global...
by AIP Online Bureau | Sep 10, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance
London: Total capital dedicated to the global reinsurance industry was USD 587 billion at 30 June 2020, reflecting a 3% decline since year-end 2019, according to the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global advisory,...
by AIP Online Bureau | Sep 10, 2020 | Disaster & Management, Eco/Invest/Demography, International News
HAMILTON, Bermuda: AXA XL, in collaboration with the Centre for Risk Studies ("CCRS") at Cambridge Judge Business School, has released a comprehensive report demonstrating the impact that (re)insurance has on the speed and quality of recovery...
by AIP Online Bureau | Sep 10, 2020 | International News, Non-Life, Pandemic, Reinsurance
London: Lloyd’s today confirmed it expects to pay out up to £5bn in COVID-19 customer claims on a gross basis*, with the publication of its 2020 Half Year Results. In the first six months of 2020, Lloyd’s COVID-19 claims after reinsurance...
by AIP Online Bureau | Sep 10, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
New Delhi; Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be the catalysts for economic revival. "At this stage, the catalysts for economic revival, the catalysts who have the pulse of every one of their customers, are...
by AIP Online Bureau | Sep 10, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The Convalescent Plasma (CP) therapy didn't help in reducing death due to the coronavirus, the India Council of Medical Research (ICMR) revealed in a study. The apex medical research has made these revelations to investigate the effectiveness of plasma...
by AIP Online Bureau | Sep 10, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The central drug regulator has issued a show-cause notice to Serum Institute of India (SII) for not informing it about pharma giant AstraZeneca pausing the clinical trials of the Oxford vaccine candidate for Covid-19 in other countries and also for not...
