by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
More than one million people around the world have been deemed recovered from the coronavirus, but beating the initial sickness may be just the first of many battles for those who have survived. Some recovered patients report breathlessness, fatigue and...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life
London: The Indian life insurance industry is expected to contract in 2020, declining by 0.9% in 2020 as compared to 8.8% growth recorded in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised India’s...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
New Delhi: Half of over 5,000 households surveyed in rural areas of 12 states have been eating fewer meals during the coronavirus lockdown, according to a survey. The study, ‘Covid-19 induced Lockdown-How is Hinterland Coping’, was conducted...
by AIP Online Bureau | May 13, 2020 | Eco/Invest/Demography, Indian News
New Delhi: India will offer bank loans amounting to Rs 3 trillion rupees ($39.85 billion) to small businesses, Finance Minister Nirmala Sitharaman said on Wednesday, as part of measures to combat the damage caused by the coronavirus outbreak. Under the...
by AIP Online Bureau | May 13, 2020 | International News, Non-Life, Reinsurance, Technology
London: Today, Brit Limited (‘Brit’) announced plans to launch Ki, a standalone business and the first fully digital and algorithmically-driven Lloyd’s of London syndicate that will be accessible anywhere, at any time. In collaboration with Google...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
London: Trade Credit Insurance provides cover to hundreds of thousands of business to business transactions, particularly in non-service sectors, such as manufacturing and construction. It insures suppliers selling goods against the company they are selling to...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Regulation, Reinsurance
WASHINGTON: Existing federal insurance programs for costly, hard-to-estimate property/casualty risks are more appropriate models for a federal insurance program to facilitate coverage of business interruption (BI) due to pandemics than a model that loads the...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Risk Management, Technology
Twitter Inc on Tuesday became the first major tech company to allow employees who can work remotely to do so indefinitely, as the coronavirus outbreak forces unprecedented changes in work culture across the world. The pandemic, which has infected more...
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
London: Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and reputation and loss of customers....
by AIP Online Bureau | May 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain. Banks, insurance companies and asset managers have had to work...