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Insurers must do more to support COVID-19-related mental health issues:GlobalData

by AIP Online Bureau | Sep 3, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

  Prolonged working from home can have an increasing strain on an employee’s mental health, as the loneliness of working remotely can lead to depression. Insurers need to do more to provide greater assistance to an ongoing issue that was already prevalent...

Revised Weinstein settlement draws opposition from accusers

by AIP Online Bureau | Sep 3, 2020 | International News, Non-Life, Regulation

  Lawyers for Harvey Weinstein’s bankrupt film studio on Wednesday presented a revised proposal to settle sexual misconduct claims against the disgraced former producer, but an attorney for accusers pledged to oppose the plan. The $35.2 million proposal...

Prime Minister Modi’s personal website’s Twitter account hacked

by AIP Online Bureau | Sep 3, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi: Twitter has said that an account for the personal website of Indian Prime Minister Narendra Modi has been hacked. A series of tweets were sent from the account asking followers to donate cryptocurrency to a relief fund A series of tweets were sent...

Switzerland freezes $900 m from Angolan insurance businessman

by AIP Online Bureau | Sep 3, 2020 | Eco/Invest/Demography, International News

  Switzerland has frozen $900 million held in accounts belonging to a top Angolan businessman as part of a money-laundering investigation, according to court documents seen by Reuters, one of the largest personal asset freezes in Swiss history. Carlos Manuel de...

India’s COVID-19 tally crosses 38-lakh mark with record single-day jump of 83,883 cases

by AIP Online Bureau | Sep 3, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India's COVID-19 tally raced past the 38-lakh mark on Thursday with the sharpest single-day spike of 83,883 fresh cases, while the number of recoveries surged to 29,70,492, pushing the recovery rate to over 77 per cent, Union health ministry data...

US court rules cryptocurrency fundraiser to pay investors $25M to settle class action

by AIP Online Bureau | Sep 3, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million to participants who lost money and their lawyers. The litigation followed a Reuters...

Amazon bets on Insurance and Gold to make India centre of fintech push

by AIP Online Bureau | Sep 2, 2020 | Eco/Invest/Demography, Indian News, Non-Life

NEW DELHI/MUMBAI: Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground growth market. The push ramps up competition as...

54% COVID-19 cases in age group 18-44 yrs, 51 pc deaths among those aged 60 yrs and above

by AIP Online Bureau | Sep 2, 2020 | Eco/Invest/Demography, Indian News

New Delhi: The Union Health Ministry said on Wednesday that 54 per cent of the COVID-19 cases reported in India are in the age group of 18-44 years, while 51 per cent deaths are among people aged 60 and above. Presenting an analysis of COVID-19 cases and mortality on...

Steroids cut death rates among critically ill COVID-19 patients, major study finds

by AIP Online Bureau | Sep 2, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  Treating critically ill COVID-19 patients with corticosteroid drugs reduces the risk of death by 20%, an analysis of seven international trials found on Wednesday, prompting the World Health Organisation to update its advice on treatment. The analysis –...

Govt bans 118 more mobile apps, including PUBG

by AIP Online Bureau | Sep 2, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi,: The government on Wednesday blocked 118 more mobile applications, including popular gaming app PUBG, terming them prejudicial to the sovereignty, integrity and defence of the nation. The banned apps include Baidu, Baidu Express Edition, Tencent Watchlist,...
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