by AIP Online Bureau | Aug 15, 2020 | Eco/Invest/Demography, Indian News
New Delhi: You wouldn’t expect analysts to draw comfort when a nation’s top companies post the worst profit decline in at least 10 years. The pandemic has made that a reality in India. While aggregate net income of 47 NSE Nifty 50 Index members...
by AIP Online Bureau | Aug 15, 2020 | Eco/Invest/Demography, Facts
Beijing: Xi Jinping wants 1.4 billion diners to clean their plates. But the Chinese president’s campaign against food waste risks touching a third rail in a country where meals are a cornerstone of private life. This week, Xi rolled out a new push to curb...
by AIP Online Bureau | Aug 15, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life
NEW DELHI: India is ready to mass produce COVID-19 vaccines when scientists give the go-ahead, Prime Minister Narendra Modi said in his Independence Day speech on Saturday, also launching a national project to roll out health identities for each citizen. In...
by AIP Online Bureau | Aug 15, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: A spike of 65,002 cases took India's COVID-19 tally past 25 lakh on Saturday, just a day after it crossed the 24 lakh mark, while the number of fatalities neared 50,000 with 996 deaths, Union Health Ministry data showed. According to figures from...
by AIP Online Bureau | Aug 14, 2020 | Indian News, Non-Life
Mumbai: With a record improvement in its combined ratio(CR) of 102.14 per cent,the New India Assurance(NIA), the country’s largest non-life multinational, has seen its net profit going up by 3 per cent year on year (y-o-Y) to Rs 286.47 crore in Q1 FY 21....
by AIP Online Bureau | Aug 14, 2020 | International News
LONDON: Insurers in the Middle East are expected to absorb a large part of the losses from Beirut’s explosion last week with Lloyd’s of London and other international players expected to be less exposed, insurance industry sources said. Lebanese officials...
by AIP Online Bureau | Aug 14, 2020 | International News, Life, Technology
BANGKOK: Prudential Life Assurance (Thailand) Public Company has launched the new cloud-based digital underwriting and analytics solution, ALLFINANZ SPARK, developed by Munich Re Automation Solutions Pte Prudential Thailand is now able to serve customers better...
by AIP Online Bureau | Aug 14, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Chennai: In 20 days,between July 10-July 31,450,000 individuals were covered by the health insurers with their standardised health cover `Corona Kavach Policy' and narly 70,000 Covid-related claims worth Rs 700 crore were settled by insurance...
by AIP Online Bureau | Aug 14, 2020 | Eco/Invest/Demography, International News
SEOUL: About a quarter of South Korea’s medical clinics closed on Friday for a one-day strike in protest at government plans to train new doctors, as the country reported the highest number of domestic coronavirus cases since the end of March. The...
by AIP Online Bureau | Aug 14, 2020 | Data, Eco/Invest/Demography, Risk Management
Alphabet Inc’s Google said on Friday it would no longer provide data in response to requests from Hong Kong authorities following the enactment of a new national security law imposed by China. The U.S. tech giant had not produced any data since the...
