by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
MUMBAI/NEW DELHI : India is staring at a protracted slowdown as coronavirus cases reach its countryside, with signs of recovery in the rural economy hailed by Prime Minister Narendra Modi “at best a mitigating factor”, government officials and...
by AIP Online Bureau | Aug 20, 2020 | International News, Non-Life, Pandemic, Reinsurance, Risk Management
Lloyd's of London looking forward to reopening the doors of the Underwriting Room on 1 September. Its number one priority is allowing the market and employees to connect and collaborate safely and productively. To do this it has introduced a number of...
by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
Medication costs for COVID-19 patients hospitalized in the United States have dropped sharply since May, reflecting advances in treatment, shorter stays and use of cheaper generic drugs. But costs may rise again as hospitals start to pay for Gilead Sciences...
by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, Facts, Health
Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab the spotlight, deepening the uncertainty over whether the $220 billion cold chain industry could be implicated in the spread of...
by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, Health, International News, Life, Pandemic
Hong Kong: Hong Kong-based insurer AIA Group Ltd on Thursday reported a 37% fall in new business for the first half of the year, as the COVID-19 pandemic dented sales of its insurance products in its main markets of Hong Kong and China. Insurers across the...
by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, International News
China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy government involvement means they are not likely to be as common as in other legal systems, lawyers and investors said. The legal...
by AIP Online Bureau | Aug 20, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic
One in five workers at Brazil’s meat plants have been infected with coronavirus, according to union estimates. That would make the country home to one of the world’s worst workplace outbreaks. The estimate comes from Nelson Morelli, the president of...
by AIP Online Bureau | Aug 20, 2020 | Risk Management, Technology
New Delhi: The DGCA has started a special safety audit of all Indian airlines, around two weeks after the plane crash in Kerala's Kozhikode in which 18 people were killed, a senior official of the aviation regulator said on Thursday. "It will be a complete...
by AIP Online Bureau | Aug 20, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India's COVID-19 caseload went past 28 lakh with a record single-day spike of 69,652 infections, while the recoveries increased to 20,96,664 on Thursday pushing the recovery rate to 73.91 per cent, according to the Union Health Ministry data. The total...
by AIP Online Bureau | Aug 19, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
New Delhi: As many as 41 lakh youths in India lost their jobs due to the Covid-19 pandemic, the majority of them in the construction and farm sectors, according to a joint report by the International Labour Organisation (ILO) and the Asian Development Bank...
