by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
LONDON: British consumers cut their debts by the most on record and mortgage approvals slumped to a new low in April as the country spent the month in coronavirus lockdowns. Bank of England data published on Tuesday showed a net repayment of consumer credit of...
by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Singapore: Pressures on workforce availability and maintaining supply chains arising from COVID-19 are proving challenging to the power sector, according to Willis Towers Watson, a leading global advisory, broking, and solutions company, at the launch of its Power...
by AIP Online Bureau | Jun 2, 2020 | Eco/Invest/Demography, Indian News, Pension & Social Security
New Delhi: The Finance Ministry has ruled out proposals by a federation of central and state governments employees seeking modification in the National Pension Scheme, saying its corpus is invested in a prudential manner to ensure optimal returns and suggested that...
by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Geneva: There is no evidence that the novel coronavirus has changed both in terms of the transmissibility and the severity of the disease, said Maria Van Kerkhove, Covid-19 technical lead at the World Health Organization. The statement came in the wake...
by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their underwriting and investment positions. However, recent...
by AIP Online Bureau | Jun 2, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
London: Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry regulator said on Monday. A national lockdown has...
by AIP Online Bureau | Jun 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
NEW DELHI: Airlines in India will need to keep the middle seat empty if passenger load factors and seat capacity allow for it, the aviation regulator said in a notice to domestic and international carriers. However, members of the same family would be allowed...
by AIP Online Bureau | Jun 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
ROME: The new coronavirus is losing its potency and has become much less lethal, a senior Italian doctor said on Sunday.“In reality, the virus clinically no longer exists in Italy,” said Alberto Zangrillo, the head of the San Raffaele Hospital in...
by AIP Online Bureau | Jun 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: India’s cases of coronavirus crossed 190,000, the health ministry said on Monday, overtaking France to become seventh highest in the world, as the government eases back on most curbs after a two-month-long lockdown that left millions without work.With...
by AIP Online Bureau | Jun 1, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: Moody’s Investors Service downgraded India’s credit rating to a notch above junk on Monday, citing a prolonged period of slow growth in Asia’s third-largest economy, rising debt and persistent stress in parts of the financial system....
