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As Asia’s tropical storm season arrives, grounded airplanes at risk of damage

by AIP Online Bureau | Jun 3, 2020 | Eco/Invest/Demography, International News, Non-Life

SYDNEY/TAIPEI: Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can’t be moved easily. Major...

Mumbai streets deserted as India’s biggest city braces for cyclone

by AIP Online Bureau | Jun 3, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News

MUMBAI: The streets of Mumbai emptied on Wednesday as a rare cyclone headed for India’s most populous metropolis and thousands of people moved away from the coast, adding to the pressure on authorities grappling with coronavirus.India’s largest container...

dacadoo and T&D Holdings collaborates for digital insurance in Japan

by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, International News

  Zurich/Tokyo: Zurich-based digital health provider dacadoo AG announces that it has signed an agreement with T&D Holdings, Inc. under which dacadoo’s technology will be used in “digital insurance business” which T&D Insurance Group...

Google sued by Arizona over ‘Deceptive’ location tracking

by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, Risk Management, Technology

  Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday.   The suit filed by Attorney General Mark Brnovich stemmed from an investigation that began after The...

Cyclone Nisarga to disrupt India’s Mumbai financial hub

by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Mumbai: The financial capital of Asia’s third-largest economy, is likely to be affected by a cyclonic storm Wednesday, potentially causing widespread disruption in business and hurting efforts to fight the virus outbreak in a city that’s emerged as the...

India far away from peak, much better positioned in Covid-19 fight than other nations: Govt

by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: India is far away from the peak of Covid-19 spread and its preventive measures have been "very effective", putting it in a much better position in comparison with other countries, the Centre said on Tuesday, even as the case count and death...

Insurers’ business interruption U-turn could lead to significant uptake in product,says GlobalData

by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management

  London: Following the announcement by the Financial Conduct Authority (FCA) that multiple insurers are to back down on the coronavirus policy dispute and pay company owners with business interruption policies.   Ben Carey-Evans, Insurance Analyst at...

India steps up efforts to curb locust infestation

by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, Indian News, Risk Management

NEW DELHI : Battling its worst desert locust outbreak in decades, India is ordering new equipment to control the swarms before summer crop-sowing gathers pace in the middle of this month.   India has brought the locusts under control at 399 locations in five...

India approves emergency use of remdesivir to treat COVID-19 patients

by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  BENGALURU: India’s government said on Tuesday it has approved Gilead Sciences Inc’s antiviral drug remdesivir for emergency use for five doses in treating COVID-19 patients. Remdesivir, which is administered intravenously in hospital, is the first...

India”s COVID-19 recovery rate improving, fatality rate declining: Health Ministry

by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

   New Delhi: There has been a steady decline in India''s COVID-19 fatality rate which now stands at 2.83 per cent, much lower than in countries like the US, the UK, France and Italy, the Union Health Ministry said on Monday, even as India recorded...
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