by AIP Online Bureau | Jul 10, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Mumbai: 30 general and health insurers have launched standard ‘Corona Kavach’ policies on Friday as mandated by the insurance regulator IRDAI. In view of the Covid 19 pandemic, the IRDAI had designed a standard Covid-19 specific...
by AIP Online Bureau | Jul 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis.While new pandemic-proof policies might not be cheap, they offer businesses from restaurants...
by AIP Online Bureau | Jul 10, 2020 | Eco/Invest/Demography, Indian News, Life, Pandemic
Mumbai: With Covid-19 Pandemic disruption in play in full swing,the domestic life insurance sector, consisting of 24 players including state owned Life Insurance Corporation, has ended the June quarter of HY 2020-21 with a negative growth both in its new...
by AIP Online Bureau | Jul 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Chubb Ltd said on Wednesday it is lobbying the U.S. government to insure businesses for losses in future pandemics, while giving the insurance industry a small portion of the business, jumping into a debate over how to insure such disasters. The U.S. insurance...
by AIP Online Bureau | Jul 9, 2020 | Eco/Invest/Demography, International News
Paris: AXA Investment Managers will set a 33% target for gender diversity on listed company boards in developed markets and may vote against companies which fail to meet this mark. The asset management unit of French insurer AXA said on Wednesday it will also...
by AIP Online Bureau | Jul 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
London: The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses caused by the coronavirus...
by AIP Online Bureau | Jul 9, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Chicago: Aon's monthly Global Catastrophe Recap report,evaluating the impact of the natural disaster events that occurred worldwide during June 2020,reveals that a series of powerful thunderstorms swept across southern Alberta, Canada on June...
by AIP Online Bureau | Jul 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
Johannesburg: The coronavirus pandemic in Africa is reaching full speed and it's good to prepare for the worst-case scenario, the Africa Centers for Disease Control and Prevention chief said Thursday, after a South African official said a single province is...
by AIP Online Bureau | Jul 9, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Mumbai: Indicating green shoots of recovery amidst Covid-19 Pandemic,the domestic general insurance industry, led by state owned New India Assurance(NIA), has returned to the positive growth trajectory in premium income in June,after continuously...
by AIP Online Bureau | Jul 9, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Technology, Trends, Facts
FRANKFURT: Deutsche Bank (DBKGn.DE) said on Tuesday it has agreed a strategic, multi-year partnership with Google (GOOGL.O) to give the German lender access to cloud services and drive innovation in technology-based financial products for clients. Earlier...
