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California scrutinising Amazon’s treatment of workers during Coronavirus outbreak

by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Risk Management, Workplace/Employee Benefits

  California’s attorney general and state and local agencies are investigating whether Amazon.com Inc. has taken adequate steps to protect its workers from the coronavirus pandemic, according to a court filing on Monday. Attorney General Xavier...

UK sets up $647 million emergency insurance fund for film and TV

by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Policy

LONDON:  Britain has announced a 500 million-pound ($647 million) fund to help television and film companies restart productions after companies complained they were unable to get insurance because of the coronavirus pandemic. Shoots shut down abruptly in March...

Americans driving older cars as average age nears 12 Years

by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance, Risk Management, Technology

  Americans are hanging on to their cars and trucks longer, pushing the average age of vehicles on the road to the highest level in nearly 20 years even before the coronavirus hit, according to new data from IHS Markit Ltd. That is not good for emissions or...

Hong Kong moves to create regional hub for insurance-linked securities

by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

Hong Kong is on track to soon join the UK and Singapore as newly minted hubs for insurance-linked securities. This is a field long dominated by offshore jurisdictions such as Bermuda. The Hong Kong government introduced in March the Insurance (Amendment) Bill...

Indian mortality protection gap hits $16.5 trillion in 2019:Swiss Re study

by AIP Online Bureau | Jul 29, 2020 | Eco/Invest/Demography, Health, Indian News, Life

  Singapore: With a mortality protection gap of $16.5 trillion in 2019,families in India, in the Asia Pacific region, are most vulnerable to financially cope with the loss of their breadwinners, according new Swiss Re Report. The mortality protection in...

Floods,coronavirus hobble two of India’s poorest states

by AIP Online Bureau | Jul 28, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Floods caused by heavy monsoon rains in two of India’s poorest states have displaced or affected 8 million people and killed 111 since May, authorities said on Tuesday, at a time when coronavirus cases have swelled there. The Brahmaputra river in the...

WHO says COVID-19 pandemic is ‘one big wave’, not seasonal

by AIP Online Bureau | Jul 28, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

GENEVA: The World Health Organization on Tuesday warned against complacency about new coronavirus transmission in the northern hemisphere summer, saying that this virus did not behave like influenza that tended to follow seasonal trends. “People are still...

Global airlines less hopeful on COVID-19 recovery

by AIP Online Bureau | Jul 28, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

PARIS: Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 – a year longer than previously expected – for passenger traffic to return to pre-crisis levels.In an update on the pandemic’s crippling impact...

Prudential partners PAI Health to measure physical activity on digital health app,Pulse

by AIP Online Bureau | Jul 28, 2020 | Eco/Invest/Demography, Health, International News, Life, Technology

  HONG KONG, CHINA and VANCOUVER: Prudential Corporation Asia (Prudential) and PAI Health today announced that PAI Health's science-backed activity metric for heart health, known as Personal Activity Intelligence, will be featured in the Pulse by Prudential...

Active job seekers confident about career progression as economy reboots:Linkedin Survey

by AIP Online Bureau | Jul 28, 2020 | Eco/Invest/Demography, Facts, Pandemic

  The lifting of COVID-19 lockdown in several states and continued adversities caused by the pandemic have instituted a new set of workforce demands, thus creating new economic opportunities across the country's industrial landscape, the world's largest...
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