by AIP Online Bureau | Jul 1, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation
LONDON: British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier...
by AIP Online Bureau | Jul 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic
A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential "pandemic virus," a study said, although experts said there is no imminent threat. A team of Chinese...
by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
LONDON: Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows. In New York City, the ratio of fatal crashes...
by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News
SYDNEY: Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks. The announcement comes just weeks...
by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News, Life
OLDWICK, N.J: U.S. insurance companies for a fourth-straight year increased their private equity holdings—by nearly 10% in 2019 to $81.3 billion—as this asset class remains attractive to insurers looking to diversify their investment portfolios or...
by AIP Online Bureau | Jun 30, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental groups said in a report published on Tuesday. The...
by AIP Online Bureau | Jun 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Pandemic
The Federation of European Risk Management Associations on Monday released the results of the 2020 European Risk Manager Report. This is the 10th edition of the report which represents the widest available information from professional risk managers...
by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, Indian News, Non-Life
, Mumbai: With significant improvements in all of its vital parameters,the listed New India Assurance(NIA) has recorded a net profit of Rs113 crore in the March quarter as against a loss of Rs 268 crore in the year-ago period. ...
by AIP Online Bureau | Jun 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
New Delhi: Patanjali Ayurved on Tuesday said that it never claimed to have made medicine for coronavirus. The Haridwar-based organisation has withdrawn from its earlier claim, in reply to the notice given by Uttarakhand Ayush Ministry. “Patanjali has never...
by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
Hyderabad: The insurance regulator IRDA has indicated that Implementation of the new accounting system – the Indian Accounting Standard (abbreviated as Ind-AS)- in the domestic insurance sector is likely happened in mid 2020. In its recent board...