by AIP Online Bureau | Sep 9, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Pandemic
New Delhi: With 89,706 infections being reported in a day, India's COVID-19 tally went past 43 lakh, while 33,98,844 people have recuperated from the disease so far pushing the national recovery rate to 77.77 per cent on Wednesday, according to data shared by the...
by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Risk Management
London: AstraZeneca Plc said it has paused global trials, including large late-stage trials, of its experimental coronavirus vaccine due to an unexplained illness in a study participant. The vaccine, developed with the University of Oxford, has been described by the...
by AIP Online Bureau | Sep 9, 2020 | Articles, Eco/Invest/Demography, Non-Life
Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive impact of civil unrest and riots in...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Health, International News
Developers globally have yet to produce large-scale trial data showing actual infections in participants, yet Russia granted approval to a COVID-19 vaccine last month, prompting some Western experts to criticize a lack of testing. The head of China’s Sinovac...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Munich Re said it faces claims of at least 100 million euros ($118 million) stemming from the deadly explosion that ravaged much of downtown Beirut last month. The German reinsurer said losses in the “low three-digit-million euro range” are...
by AIP Online Bureau | Sep 8, 2020 | Health, International News, Non-Life
Abu Dhabi’s Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after traveling on one of its flights. Airlines around the world are trying to find ways to stimulate demand that has...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News
Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after a Japanese-owned ship struck a coral reef off the country’s southeast coast in late July and spilled oil....
by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Three large wildfires burned in California and a fourth was growing quickly on Monday as a weekend heat wave lingered across large swaths of the western United States. The Creek Fire, which has engulfed the Fresno area in central California and caused the...
by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
London: British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While venues for indoor live performances are not yet open in all...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, International News, Non-Life
BEIRUT: The Husson family and Chedid Capital entered into exclusive negotiations for the transfer of control of Ascoma Assureurs Conseils ("Ascoma"). The Husson family will maintain a sizeable stake in Ascoma and will participate in the transition and...
