by AIP Online Bureau | Jul 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage over Europe and Turkey. Pompeo told a...
by AIP Online Bureau | Jul 19, 2020 | Uncategorized
For property/casualty insurers,the pandemic could generate an additional €50 to €80 billion of claims worldwide, equivalent to a mid-sized natural catastrophe event, mainly against event cancellation,business interruption and travel insurance...
by AIP Online Bureau | Jul 19, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance
Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a hotel in Hong Kong by Chinese authorities in 2017 and hasn’t been seen in public since. Among the companies being taken over are Huaxia Life...
by AIP Online Bureau | Jul 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India’s Covid-19 case fatality rate is “progressively falling” and is currently at 2.49 per cent, which is one of the lowest in the world, the Union Health Ministry said on Sunday, crediting efficient clinical management of...
by AIP Online Bureau | Jul 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic
Mumbai: The Bombay High Court on Friday asked the Maharashtra government to state its position on a petition seeking compensation for families of frontline workers who died after contracting COVID-19 infection on duty. A division bench of Chief Justice Dipankar...
by AIP Online Bureau | Jul 19, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
New Delhi: The National Green Tribunal Friday refused to entertain a plea seeking direction to install alternative methods of cremation to reduce air pollution and also to contain spread of COVID-19. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel junked...
by AIP Online Bureau | Jul 19, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management
New Delhi: The National Green Tribunal Friday directed the Central Pollution Control Board (CPCB) to ensure that states and union territories (UTs) ban the use of petcoke and furnace oil as fuels in industries and switch to cleaner alternatives. A bench headed by NGT...
by AIP Online Bureau | Jul 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India saw a record single- day jump of?38,902 COVID-19?cases?pushing its tally to?10,77,618?on Sunday, while the total number of recoveries increased to 6,77,422, according to the Union Health Ministry data.? The death toll due to the disease rose...
by AIP Online Bureau | Jul 19, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Foreign portfolio investors (FPI) remained net sellers in Indian markets in July so far as they pulled out Rs 9,015 crore from equities and debt securities with the surging markets providing profit booking opportunity amid concerns over rising cases...
by AIP Online Bureau | Jul 19, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
New Delhi: About 55 per cent of households in 24 states and two union territories managed only two meals a day during the period from April 1 to May 15, indicating affordability challenges amid the COVID crisis, according to a survey of 5,568 families. The...
