by AIP Online Bureau | Aug 4, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The Supreme Court Tuesday said pension to elderly persons should be disbursed on time and those living in old age homes across the country be provided with personal protective equipment (PPE), sanitisers and face masks during the persisting COVID-19...
by AIP Online Bureau | Aug 4, 2020 | Eco/Invest/Demography, International News
LONDON : The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a survey of insurers published by broker Gallagher on Tuesday. Only 29% of credit and political risk insurers had seen claims...
by AIP Online Bureau | Aug 4, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Regulation, Reinsurance
LONDON: Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face action by Britain’s markets watchdog. The Financial Conduct Authority (FCA) has taken eight insurers to court over...
by AIP Online Bureau | Aug 4, 2020 | International News, Non-Life, Reinsurance
LONDON: Lloyd’s, the world’s leading specialist insurance and reinsurance market today announced Pavlos Spyropoulos as Country Manager, Singapore and CEO, Lloyd’s Asia, effective 29 July 2020. Pavlos has more than 12 years of experience at...
by AIP Online Bureau | Aug 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India's COVID-19 tally increased to 18,55,745 with 52,050 people testing positive for coronavirus infection in a day, while the recoveries crossed the 12-lakh mark on Tuesday, according to the Union Health Ministry data. The death toll due to COVID-19...
by AIP Online Bureau | Aug 3, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co. Ltd,. also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging it has infringed on its patents. The company is calling for 10 billion yuan ($1.4 billion) in...
by AIP Online Bureau | Aug 3, 2020 | Eco/Invest/Demography, Health, Intermediaries, International News, Pandemic, Reinsurance, Risk Management
AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told Reuters. With 25 companies testing their vaccine...
by AIP Online Bureau | Aug 3, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
NEW YORK: Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again.Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was in a fog. Her diagnosis was...
by AIP Online Bureau | Aug 3, 2020 | Eco/Invest/Demography, Facts, Technology
Washington: Virgin seeks to revive supersonic commercial flight — but fasterSpace tourism company Virgin Galactic on Monday announced a partnership with engine-maker Rolls-Royce to build a supersonic commercial airplane that flies at three times the speed...
by AIP Online Bureau | Aug 3, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic, Workplace/Employee Benefits
Job searches for remote work or work from home in the country have increased by over 442 per cent between February and July, the highest globally, according to a report. Amid the Covid-19 pandemic, many jobs have rapidly become work-from-home jobs at least temporarily...
