by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Mumbai: State owned GIC Re has strongly countered the move by the AM Best,an international rating agency, to downgrade the reinsurer's financial strength credit rating below A- (Excellent) negative outlook, to B++ (Good) with...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Facts, Non-Life, Pandemic
New Delhi: Domestic airlines, excluding IndiGo, may require funding requirements to the tune of $3-3.5 billion, with travel demand likely to remain subdued until the September quarter and no certainty of revival in the second half, aviation consultancy CAPA said in a...
by AIP Online Bureau | Jul 3, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
WASHINGTON: Global coronavirus cases exceeded 11 million on Friday, according to a Reuters tally, marking another milestone in the spread of the disease that has killed more than half a million people in seven months. The number of cases is more...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Facts
GENEVA: Almost 30% of genome sequencing data from samples of the COVID-19 virus collected by the World Health Organization (WHO) have shown signs of mutation, but there is no evidence this has led to more severe disease, a top WHO official said on Friday. ...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Indian News, Pandemic
New Delhi: The recommencement of commercial passenger flight services in a graded manner is unlikely to help the domestic aviation industry recover in the current financial year with domestic air traffic expected to shrink by 41-46 per cent and international...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
ROME: Poor Italians are significantly more likely to die of the coronavirus than higher-income groups, the country’s first significant study into the disease’s disproportionate social impact showed on Friday. Italy is one of the...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
NEW DELHI/BENGALURU: The chief of India’s top clinical research agency said in a leaked letter circulated on Friday it envisaged launching a novel coronavirus vaccine by Aug. 15, prompting scepticism from some health experts who questioned the short...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The aviation regulator DGCA said on Friday it was extending the suspension of scheduled international passenger flights in the country till July 31 but added that some international scheduled services on selected routes may be permitted on a case to case...
by AIP Online Bureau | Jul 3, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London: Lloyd’s has started work with three new InsurTechs to help the Market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd’s has reimagined and expanded the scope, process and...
by AIP Online Bureau | Jul 3, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
NEW YORK: As they reel from canceled productions and shuttered theaters, the shows that give Broadway its bright lights and draw millions of tourists to New York are facing a new obstacle to reopening: lack of pandemic insurance. Broadway producers,...
