by AIP Online Bureau | Jul 30, 2020 | Eco/Invest/Demography, International News
Health insurer Cigna Corp beat Wall Street expectations for second-quarter profit on Thursday, helped by lower medical costs from delayed surgical procedures and strong sales from its pharmacy benefits business. The company, like rivals UnitedHealth Group Inc...
by AIP Online Bureau | Jul 30, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
LONDON: Failure to rein in climate change and bolster sea defences could jeopardize up to a fifth of the world’s economic output by the end of the century, as flooding threatens coastal countries worldwide, according to a study released on...
by AIP Online Bureau | Jul 30, 2020 | International News, Non-Life, Reinsurance
Zurich: In a bid to strengthen its Asia Pacific business , Swiss Re has reshuffled its top team in the region with effective from September 2020, . According to a Swiss Re announcement on Thursday, Sharon Ooi,currently managing director, head of P&C...
by AIP Online Bureau | Jul 30, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: The government on Wednesday extended the deadline for filing income tax returns for 2018-19 fiscal by two months till September 30. “In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the...
by AIP Online Bureau | Jul 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
London: It's dog eat dog in the world of COVID-19 vaccines. That's the fear of global health agencies planning a scheme to bulk-buy and equitably distribute vaccines around the world. They are watching with dismay as some wealthier countries have decided to go...
by AIP Online Bureau | Jul 30, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
NEW DELHI : A government audit of India’s flagship payments processor last year found more than 40 security vulnerabilities including several it called “critical” and “high” risk, according to an internal government document...
by AIP Online Bureau | Jul 30, 2020 | Eco/Invest/Demography, Indian News, Pandemic
New Delh: COVID-19 cases in India crossed the 50,000 mark in a single day for the first time, pushing the virus tally to 15,83,792, while the recoveries went past 10 lakh on Thursday, according to the Union Health Ministry data.? The country registered a record...
by AIP Online Bureau | Jul 29, 2020 | Indian News, Life
Mumbai: Despite being hit by the nationwide lock down due to Covid-19 Pandemic in March, the most productive month for the Life Insurance Corporation(LIC), the life insurance behemoth has seen its total premium rising by12.50 per cent year on...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Risk Management
London: Normally among the most conservative of investors, insurers facing shrinking returns and big future payouts are delving increasingly into riskier corporate debt, potentially exposing themselves to defaults and more regulatory scrutiny. Insurers globally...
by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing strongly with Hyundai Motor Co in the South Korean electric vehicle market. Braking and steering systems including the Autopilot...