by AIP Online Bureau | Aug 28, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
Frankfurt: During the first half of 2020, global reinsurers reported anemic earnings amid the increase in coronavirus claims, albeit investment returns rebounded, Moody's Investors Service says in a new report. One bright spot was strong pricing momentum...
by AIP Online Bureau | Aug 28, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life
New Delhi: Marking the sixth anniversary of the 'Jan Dhan' scheme, Prime Minister Narendra Modi said on Friday that the initiative has been a "game-changer" and served as the foundation for many poverty alleviation initiatives. After he led the BJP...
by AIP Online Bureau | Aug 27, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LAKE CHARLES, Hurricane Laura tore through Louisiana on Thursday, killing six people and flattening buildings across a wide swatch of the state before moving into Arkansas with heavy rains. Laura’s powerful gusts uprooted trees – and four...
by AIP Online Bureau | Aug 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Washington: The University of Washington on Thursday expanded the forecast of its widely cited model, projecting 317,697 deaths in the United States by Dec. 1 due to the COVID-19 pandemic as cases climb in many states. The new forecast, by the...
by AIP Online Bureau | Aug 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
Pune: Vital health parameters of the two volunteers, who have been administered the Oxford COVID-19 vaccine candidate at a medical college here as part of the phase II clinical trial, are normal, a senior official from the medical facility said on Thursday. Two...
by AIP Online Bureau | Aug 27, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Guwahati: The Assam Cabinet on Thursday approved insurance coverage to the tune of Rs 50 lakh for journalists, home guards and casual employees who succumb to COVID-19 while on duty. A meeting of the the council of ministers, chaired by Chief Minister Sarbananda...
by AIP Online Bureau | Aug 27, 2020 | Indian News, Life
Mumbai: Bajaj Allianz Life Insurance, today launched a first-of-its-kind service in the insurance industry ‘Smart Assist’. The service will enable customers to connect with the company, through a secure screen sharing feature, to avail real-time...
by AIP Online Bureau | Aug 27, 2020 | Eco/Invest/Demography, Indian News, Life
New Delhi: Max Life Insurance Company today announced its official partnership with Royal Challengers Bangalore (RCB) for the upcoming Indian Premier League (IPL)T20 season. As part of the partnership, Max Life will be the official life insurance partner of the...
by AIP Online Bureau | Aug 27, 2020 | International News, Pandemic, Reinsurance
Although the losses from previous years’ catastrophe events and the resulting trapped capital have been problematic for the entire insurance-linked securities (ILS) market, the strain is most visible in the retrocession (retro) segment, where capacity has...
by AIP Online Bureau | Aug 27, 2020 | Eco/Invest/Demography, Facts, Health
LONDON: Scientists have created the first full map of mosquito immune cells and found a new type of cell that could have a role in how mosquitos are able to fight off malaria. The findings, published in the journal Science, could help scientists uncover new ways of...
