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Bajaj Allianz General Insurance launches retail comprehensive cover for pet dogs

by AIP Online Bureau | Aug 26, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life

  Pune:  Baja Allianz General Insurance, today announced the launch of its pet insurance product called “Bajaj Allianz Pet Dog Insurance Policy” which is India’s only retail comprehensive pet insurance offering for pet dogs. This policy...

Political Risk Map 2020: Mid-Year Update for Asia-Pacific

by AIP Online Bureau | Aug 25, 2020 | Articles, Eco/Invest/Demography, Pandemic, Risk Management

  As the region hit first by COVID-19, many countries in Asia-Pacific experienced a sharp rise in economic risk early in the year. Almost two-thirds (64%) of the countries rated by Marsh JLT Specialty’s World Risk Review (WRR) experienced an increase in...

Two-wheelers neither luxury nor sin goods, merit GST rate revision: Finance Ministry

by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Indian News

New Delhi: Two-wheelers are neither a luxury nor sin goods and so merit a GST rate revision, Finance Minister Nirmala Sitharaman said at an industry interaction on August 24. According to a statement issued by CII, which was also issued by the finance ministry's...

Coronavirus re-infections raise concerns about immunity

by AIP Online Bureau | Aug 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

AMSTERDAM/BRUSSELS: Two European patients are confirmed to have been re-infected with the coronavirus, raising concerns about people’s immunity to the virus as the world struggles to tame the pandemic. The cases, in Belgium and the Netherlands, follow a report...

Parachutist makes world’s first jump from solar-powered plane

by AIP Online Bureau | Aug 25, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

PAYERNE, Switzerland: A parachutist completed the world’s first jump from a solar-powered aircraft on Tuesday after the plane soared to a height of 1,520 metres (nearly 5,000 ft) over western Switzerland, Swiss organisers said. The two-seater prototype plane...

Alphabet’s Verily targets employer health insurance with Swiss Re partnership

by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Health, Intermediaries, International News, Non-Life

   Alphabet Inc’s life sciences division Verily is partnering with reinsurer Swiss Re to launch a unit-Coefficient Insurance Company- to provide stop-loss insurance, a financial product purchased by employers to cover unexpected and large employee...

EU needs more proactive climate change adaptation plans – insurers

by AIP Online Bureau | Aug 25, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

LONDON: The European Union’s strategy to adapt to the risks of climate change needs to be much more proactive and ambitious in order to reduce the risk of natural disasters such as flooding, insurers said in response to a consultation on the issue. The European...

9 evacuated after fire at govt hospital in Jamnagar; no injuries

by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Jamnagar:  Nine patients were evacuated after fire broke out at an ICU of a government hospital in Jamnagar city in Gujarat on Tuesday, officials said. Nobody was injured in the incident, they said. There were no coronavirus patients in the ward. The fire erupted...

ICICI Bank uses space images for farm loans to cut costs

by AIP Online Bureau | Aug 25, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life

BENGALURU: India’s ICICI Bank Ltd has begun using satellite images of farmland to help assess farmers’ credit-worthiness, a move the bank says is helping cut travel costs and make faster lending decisions in a world hit by the COVID-19 pandemic. The...

Change of over 100,000 crew members facilitated at ports:Shipping Ministry

by AIP Online Bureau | Aug 25, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The shipping ministry on Tuesday said it has facilitated change of more than one lakh crew members at Indian ports and through chartered flights amid the coronavirus pandemic. Shipping Minister Mansukh Mandaviya lauded the efforts to help stranded...
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