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Global airline industry struggle to stay afloat

by AIP Online Bureau | May 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

In this moment of crisis in the midst of the Covid-19 pandemic, the global airline industry is struggling to stay afloat.   Strict international travel restrictions have been put in place, people are worried about flying, and thousands of airline workers are at...

FERMA calls for EU resilience framework for catastrophic risks

by AIP Online Bureau | May 27, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  The Federation of European Risk Management (FERMA) today calls on the European Commission to create an EU resilience framework for catastrophic risks to address the severe shortage of business interruption insurance without physical damage(NDBI).   ...

U.S. lawmaker wants insurers, govt. to share future pandemic business losses

by AIP Online Bureau | May 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims.   The legislation, introduced by Rep. Carolyn...

BBB selects SN Rajeswari as CMD of Oriental Insurance Company

by AIP Online Bureau | May 26, 2020 | Indian News, Non-Life

  New Delhi: SN Rajeswari,57,general manager,New India Assurance(NIA),has been selected by the Banks Board Bureau (BBB), as the CMD of the Delhi based Oriental Insurance Company(OIC).   AV Girija Kumar,CMD,OIC,is retiring this month end...

Busy Atlantic hurricane season predicted for 2020

by AIP Online Bureau | May 26, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  HOUSTON: U.S. forecasters expect an above-normal 13-19 named storms during the 2020 Atlantic hurricane season, the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center said on Thursday.NOAA forecasters estimate three to six...

Prices of N-95 masks down by up to 47 per cent after NPPA advisory

by AIP Online Bureau | May 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

New Delhi: Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per cent after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said.   N-95...

After Rajasthan and Madhya Pradesh, swarm of locusts now flock to UP’s Jhansi

by AIP Online Bureau | May 26, 2020 | Eco/Invest/Demography, Indian News

  Jhansi: After destroying crops in Rajasthan, a large swarm of locusts has now reached Jhansi, a city in Uttar Pradesh. On Monday, several areas of the city were under locust attack.   Andra Vamsi, Jhansi District Magistrate told ANI that the locusts mostly...

Fujifilm COVID-19 drug research spills into June, dashing hopes of quick approval

by AIP Online Bureau | May 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

TOKYO: Fujifilm Holdings Corp will continue research on Avigan into June, Japan’s government said on Tuesday, effectively dashing hopes by Prime Minister Shinzo Abe that the drug would be approved as a COVID-19 treatment this month.Abe had said he hoped the drug...

WHO warns of ‘second peak’ in areas where COVID-19 declining

by AIP Online Bureau | May 26, 2020 | Uncategorized

  GENEVA: Countries where coronavirus infections are declining could still face an “immediate second peak” if they let up too soon on measures to halt the outbreak, the World Health Organization said on Monday.   The world is still in the middle...

WHO pauses trial of hydroxychloroquine in COVID-19 patients due to safety concerns

by AIP Online Bureau | May 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

GENEVA: The World Health Organization has suspended testing the malaria drug hydroxychloroquine in COVID-19 patients due to safety concerns, WHO Director General Tedros Adhanom Ghebreyesus said on Monday.   Hydroxycholoroquine has been touted by Donald Trump and...
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