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India’s tech hub Bengaluru, other towns back in lockdown amid COVID-19 surge

by AIP Online Bureau | Jul 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic

  BENGALURU/MUMBAI: India’s high-tech hub of Bengaluru will go back into a coronavirus lockdown for a week on Tuesday after a surge of infections, threatening to derail government efforts to revive a stuttering economy.Places of worship, public transport,...

Asian waters account for most shipping losses,global numbers hit record low:AGCS

by AIP Online Bureau | Jul 14, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  Singapore: Asian waters accounted for a third of a large vessels lost at sea globally, even as large shipping losses are at a record low having fallen by over 20% year-on-year, according to specialty insurer Allianz Global Corporate & Specialty SE’s...

Network Hospitals have to provide cashless facility to policyholders:IRDAI 

by AIP Online Bureau | Jul 14, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Pandemic, Regulation

  Hyderabad: The insurance regulator IRDAI has clarified that all the hospitals,with,whom the general and health insurance companies have entered into agreements,have to essentially provide cashless facility for any treatment to the policyholders...

Govt approves Rs 107 cr for fire-fighting facilities at Haldia Dock

by AIP Online Bureau | Jul 14, 2020 | Disaster & Management, Indian News, Non-Life, Risk Management

  New Delhi: The government on Tuesday said it has approved Rs 107 crore for modern fire-fighting facilities at Haldia Dock Complex of Kolkata Port to ensure safe cargo operations, especially petro-chemical goods. Kolkata Port is one of the top 12 major ports in...

Human clinical trials for Covid-19 vaccine initiated in India:ICMR

by AIP Online Bureau | Jul 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: Human clinical trials for a vaccine for Covid-19 has been initiated in the country with approximately 1,000 volunteers participating in the exercise for each of the two indigenously developed vaccine candidates, the ICMR said on Tuesday. Since India is one...

India has now less stunted children but more obese adults

by AIP Online Bureau | Jul 14, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Workplace/Employee Benefits

  United Nations: India has less stunted children but more obese adults . The number of undernourished people in India has declined by 60 million in over a decade, according to a UN report which said that there were less stunted children but more obese adults in...

Passenger vehicle sales decline 49.59% in June over coronavirus, lockdown

by AIP Online Bureau | Jul 14, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Passenger vehicle sales decline 49.59% in June over coronavirus, lockdownPassenger vehicle sales in India declined by 49.59 per cent in June to 1,05,617 units as against 2,09,522 units in the same month last year as the sector looks to recover from the...

UK bans Huawei from 5G network, orders telcos to stop buying its equipment

by AIP Online Bureau | Jul 14, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

London: UK bans Huawei from 5G network, orders telcos to stop buying its equipmentBritain's government on Tuesday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the UK's new high-speed mobile phone network in a...

Covid-19 Pandemic:Global reinsurnace capital shrinks by 6 % to $590 bn,tightening of reinsurance capacity expected:AON

by AIP Online Bureau | Jul 14, 2020 | International News, Non-Life, Pandemic, Reinsurance

  London: Aon,in its latest“Reinsurnace Market Outlook''((for the period of June & July), released on Tuesday,estimated that Q1(Jan-Mar, 2020) total global reinsurance capital stood at USD590 billion, a decrease over 2019 of USD35 billion, or...

Six Harvey Weinstein accusers call $18.9 million New York settlement a ‘cruel hoax’

by AIP Online Bureau | Jul 14, 2020 | International News, Non-Life, Reinsurance

  NEW YORK: Six women who claim they were sexually abused by Harvey Weinstein urged a U.S. judge on Monday to reject an $18.9 million settlement with the disgraced movie producer, the board of his former studio and other accusers. The settlement announced on June...
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