by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi, India's COVID-19 caseload rose to 42,80,422 on Tuesday with 75,809 instances of the viral infection recorded in the last 24 hours, while a record 1,133 fatalities took the death toll to 72,775, the Union health ministry data showed. However, the...
by AIP Online Bureau | Sep 8, 2020 | Indian News, Non-Life, Pandemic, Reinsurance
Mumbai: With reduced premium,investment income and higher underwriting losses, state owned GIC Re suffered a loss of Rs 557.47 crore in Q1 Fy 2020-21 as compared to profit after tax of ₹ 108.60 crore for corresponding quarter of the previous...
by AIP Online Bureau | Sep 8, 2020 | International News, Non-Life, Pandemic, Reinsurance, Technology
Zurich: Following rate improvements in many markets, and particularly in loss-affected segments, Swiss Re expects further rate hardening across all lines of business. At the same time, the reliance on underwriting profits increases in the low interest rate...
by AIP Online Bureau | Sep 7, 2020 | Eco/Invest/Demography, Technology
BEIJING: China announced an initiative on Sep 8 to establish global standards on data security, saying it wanted to promote multilateralism in the area at a time when "individual countries" were "bullying" others and "hunting"...
by AIP Online Bureau | Sep 7, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
GENEVA: World Health Organization chief Tedros Adhanom Ghebreyesus said on Monday the world must be better prepared for the next pandemic, as he called on countries to invest in public health. More than 27.19 million people have been reported to be...
by AIP Online Bureau | Sep 7, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: Disbaled government employees seeking voluntary retirement due to the hardships faced by them can continue in service with the same pay scale and benefits, the Personnel Ministry said in an order issued on Monday, highlighting the different...
by AIP Online Bureau | Sep 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
China has offered experimental coronavirus vaccines to aviation industry workers, according to a regulatory notice seen by Reuters, in a push to inoculate high-risk groups to prevent a possible resurgence as economies reopen. China, which has four COVID-19...
by AIP Online Bureau | Sep 7, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Global fast food giant McDonald’s Corp. has filed a trademark infringement notice in Australia after the local unit of Burger King created a similar product called the “Big Jack,” according to a local newspaper report on Thursday. Australian...
by AIP Online Bureau | Sep 7, 2020 | Eco/Invest/Demography, Indian News, Risk Management
New DelhI: Terming the 23.9 per cent fall in economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active...
by AIP Online Bureau | Sep 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: Doctors at one of the largest private Covid-19 facilities in Delhi say they are exhausted and facing staff shortages after nearly six months of relentless work. India’s total cases of the novel coronavirus crossed 4.2 million on Monday, overtaking...