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Global recovery could be faster if COVID vaccine made available to all:WHO chief

by AIP Online Bureau | Aug 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

  GENEVA: Economic recovery around the world could come faster if any COVID-19 vaccine is made available to all as a public good, World Health Organization Director General Tedros Adhanom Ghebreyesus said on Thursday.He was speaking in an online panel discussion...

Modern driver-assistance technology ‘far from reliable’ – AAA study

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology

  Advanced driver assistance technology automating steering and braking in a growing number of vehicles is not providing reliable safety benefits, a new study by the American Automobile Association showed on Thursday. Researchers at AAA, a federation of North...

Obama’s Medicaid expansion keeps gaining ground under Trump

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, Health, Indian News

  Washington: President Donald Trump is still trying to overturn Obamacare, but his predecessor's health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53 per cent to 47 per cent...

 Life insurers can obtain customer’s consent without requiring wet signature in pure risk products till Dec 31:IRDAI

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, Indian News, Life, Regulation, Technology

  Hydearabad: In a bid to manage  the situation arising in the wake of COVID-19 outbreak,the segment regulator IRDAI has allowed life Insurers to obtain the customer’s consent without requiring wet signature on the hard copy of the...

Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness

by AIP Online Bureau | Aug 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: The Centre has released Rs 890.32 crore as the second instalment of the COVID-19 Emergency Response and Health System Preparedness package to 22 states and Union Territories, the Health Ministry said on Thursday. The amount of financial assistance to each...

India needs to look beyond what rating agencies think, says ex-RBI governor

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, Indian News, Risk Management

  MUMBAI:  Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one’s eyes off what needs to be done for the economy. “It is also important to convince both...

Beirut devastating explosion to weigh on Lebanon’s challenged insurance sector:AM Best

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  AM Best is monitoring the situation in Beirut, Lebanon, following the devastating explosion at the city’s port on Tuesday, 4 August. The cause of the explosion, which resulted in many casualties and considerable damage is still under investigation. As the...

Novavax signs COVID-19 vaccine supply deal with India’s Serum Institute

by AIP Online Bureau | Aug 6, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  Novavax Inc said on Wednesday it has entered a supply and license agreement with the Serum Institute of India for the development and commercialization of its COVID-19 vaccine candidate. The Indian drugmaker will have exclusive rights for the vaccine in India...

Eight COVID-19 patients die in hospital fire in Ahemedabad

by AIP Online Bureau | Aug 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Ahmedabad: Eight COVID-19 patients died in a fire that broke out in the intensive care ward of a private hospital in India’s western city of Ahmedabad early on Thursday, officials said as they launched a probe into the incident. Police stopped angry relatives...

Over 56,000 COVID-19 cases in country in single day

by AIP Online Bureau | Aug 6, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India saw a single day increase of 56,282 COVID-19 cases taking the country's virus tally to 19,64,536, while the recoveries have surged to 13,28,336, according to the Union Health Ministry data. The death toll due to COVID-19 climbed to 40,699...
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