by AIP Online Bureau | Aug 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BEIJING: China’s banking and insurance regulator has approved a new state-backed agricultural reinsurance firm, the state-owned Xinhua News Agency reported on Friday. The new reinsurance company, with registration capital of 16.1 billion yuan ($2.34...
by AIP Online Bureau | Aug 29, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: The environment ministry on Friday said that in a virtual session organised by the PHD Chamber, one of its senior official had spoken about the predicted fall in global carbon dioxide emission due to the COVID-19 situation. During the virtual session...
by AIP Online Bureau | Aug 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
Indore: Union Health Minister Dr Harsh Vardhan said on Friday that the COVID-19 recovery rate in the country has improved to 76.28 per cent, but added that the pandemic should not be taken lightly. He said this while virtually inaugurating a Rs 237...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
New Delhi: The government has permitted the airlines to serve pre-packed snacks, meals and beverages on domestic flights and hot meals on international flights, according to an official order. Moreover, any passenger who refuses to wear a face mask...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: Maharashtra Chief Minister Uddhav Thackeray on Thursday demanded that the states' share in the Pradhan Mantri Pik Vima Yojana (PM's crop insurance scheme) should remain at 50 percent. He was speaking at a video conference with Union agriculture...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, Facts, Risk Management
Washington: The World Bank has announced to halt the publication of the 'Doing Business' report as irregularities have been reported in the changes to the data published in October 2017 and 2019. In a statement, World Bank Group said it has asked...
by AIP Online Bureau | Aug 28, 2020 | Banking & Bancassurance, Indian News, Policy
New Delhi: Dinesh Kumar Khera,the senior most managing director of State Bank of India(SBI), who turned 59 today,has been recommended by the Banks Board Bureau(BBB) as the next chairman of the bank. Rajnish Kumar, chairman, SBI, will be calling...
by AIP Online Bureau | Aug 28, 2020 | Health, Indian News, Intermediaries, Life
Mumbai: Apollo Clinic, a leading Indian multi-specialty clinic chain by Apollo Health & Lifestyle (AHLL) and HDFC Life have entered into a corporate agency arrangement. It is the first healthcare company in India, to have secured a corporate agency...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: A record single-day spike of 77,266 COVID-19 cases pushed India's virus tally to 33,87,500, while the recoveries surged to 25,83,948 on Friday, according to the Union Health Ministry data. The death toll climbed to 61,529 with 1,057 people...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, International News, Reinsurance
OLDWICK, N.J: Given the extensive use of reinsurance by insurance companies with property exposures in California, the current spate of wildfires may spur additional reinsurance and retrocession market rate hikes, along with capacity shifts, on top of an...
