by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
LONDON: The Lloyd’s of London insurance market said on Friday it is considering combining its physical underwriting floor in the City of London with some online elements.Lloyd’s shut its “underwriting room” in its London tower on March 19 in...
by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
WASHINGTON: Federal Reserve Chair Jerome Powell on Friday said a potential surge in U.S. coronavirus infections could derail the recovery from the deep downturn triggered by the pandemic, even as he reiterated the central bank’s vow to keep fighting the crisis....
by AIP Online Bureau | May 30, 2020 | International News, Non-Life, Reinsurance, Risk Management
Karachi: A deadly plane crash in Pakistan is prompting questions about how the crew could touch down without landing gear when their sophisticated jetliner was bristling with equipment to prevent pilots from doing just that. After an abrupt descent that...
by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Paris: AXA will meet the bulk of business interruption claims from some restaurant owners in France, it said on Tuesday, after losing a court case seen as a potential precedent for coronavirus-related disputes across the world. A Paris court ruled...
by AIP Online Bureau | May 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Washington: US President Donald Trump on Friday said that America was terminating its relationship with the World Health Organization (WHO) as he blamed it and China for the deaths and destruction caused by the COVID-19 pandemic across the globe. Trump...
by AIP Online Bureau | May 29, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
BENGALURU: Drugmaker Sun Pharmaceutical Industries Ltd said on Friday it has received Indian regulatory approval to start clinical trials of a pancreatitis drug in COVID-19 patients. The company joins other Indian drugmakers Glenmark Pharmaceuticals Ltd...
by AIP Online Bureau | May 29, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI: India’s economy grew at its slowest pace in at least eight years in the January-March quarter as the coronavirus pandemic weakened already sluggish consumer demand and investments.Asia’s third largest economy grew at a...
by AIP Online Bureau | May 29, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi/Panaji: Three days ahead of completing 68-day countrywide lockdown, the Centre is learnt to have come up with a roadmap of an exit plan from the crisis in its fourth extension of the restrictions '5.0' which may allow malls and restaurants to...
by AIP Online Bureau | May 29, 2020 | Eco/Invest/Demography, Health, Indian News, Technology
New Delhi: As India's health system grapples with the coronavirus, doctors are increasingly going online to consult with patients suffering less critical or chronic diseases, while the south Asian economy prepares to emerge from a nationwide lockdown....
by AIP Online Bureau | May 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Washington: US President Donald Trump on Thursday signed an executive order aimed at increasing the ability of the government to regulate social media platforms. Speaking from the Oval Office ahead of signing the order, Trump said that the move was to "defend...