by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Beijing: The first COVID-19 vaccine to reach phase I clinical trial is safe, well-tolerated, and capable of generating an immune response against the novel coronavirus in humans, says a new research published in The Lancet journal. According to the study...
by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Risk Management
Mumbai: Noting "spike" in cyber crimes in Maharashtra amidst the coronavirus-induced lockdown, state Home Minister Anil Deshmukh on Saturday warned of a stricter action against those involved in such acts. The minister also said that the...
by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life
London: Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing to return to offices under new norms to tackle the coronavirus. Britain’s financial sector is working to bring...
by AIP Online Bureau | May 23, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
London: British insurer Aviva expects 160 million pounds ($195 million) in claims related to the coronavirus pandemic and weaker second quarter sales, it said on Thursday, as government lockdowns aimed at containing the virus hit the global economy. ...
by AIP Online Bureau | May 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Brasília: Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin America as foreign competitors scale back in the region, two sources close to the company told Reuters....
by AIP Online Bureau | May 22, 2020 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance, Risk Management
The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required...
by AIP Online Bureau | May 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Paris: A Paris commercial court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurateur’s lawyer said on Friday, possibly opening the door to a wave of similar litigation. ...
by AIP Online Bureau | May 22, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Treatment for Covid-19 with the antimalarial drug hydroxychloroquine, either with or without the antibiotic azithromycin, offers no benefit for Covid-19 patients, according to a large observational study. The research, published in the journal The Lancet,...
by AIP Online Bureau | May 22, 2020 | International News, Non-Life, Reinsurance
KARACHI/ISLAMABAD/Paris: At least 97 people are confirmed to have been killed in a plane crash in a residential area of Pakistan’s largest city, Karachi, Pakistan International Airlines’ (PIA) chief executive said on Friday. The Airbus jet...
by AIP Online Bureau | May 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life, Regulation, Reinsurance
Hyderabad: The segment regulator IRDAI has asked the insurers to initiate immediate steps for quick registration and disposal of claims out of devastation caused by the cyclone Amphan in the parts of Odisha, West Bengal and other neighboring states. ...
