by AIP Online Bureau | May 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday, as the private sector cannot afford to provide such broad coverage on its own. Countries have introduced lockdowns...
by AIP Online Bureau | May 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life
Before the coronavirus outbreak, Saundra Andringa-Meuer was a healthy 61-year-old mother of six who never smoked or drank alcohol. Then she became seriously ill with the disease after traveling from her Wisconsin home to help her son move from college in Connecticut....
by AIP Online Bureau | May 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: The death toll due to COVID-19 rose to 2,206 and the number of cases climbed to 67,152 in the country on Monday, registering an increase of 97 deaths and a record jump of 4,213 cases in the last 24 hours, according to the Union health ministry....
by AIP Online Bureau | May 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life
New Delhi: Warehousing space leasing fell 29 per cent to 5.9 million sq ft and new supply declined 14 per cent to 9 million sq ft in the first quarter of this calendar year across eight major cities in the country amid coronavirus outbreak, according to...
by AIP Online Bureau | May 11, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Chicago: Aon plc today announced the establishment of a new underwriting platform featuring the world's largest known delegated capacity for intellectual property liability risks. It is the latest offering from Aon to meet the changing needs of...
by AIP Online Bureau | May 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: India's automakers have warned that total automobile sales could fall as much as 45 percent in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through...
by AIP Online Bureau | May 11, 2020 | Indian News, Life
Mumbai: Amidst nationwide lockdown due to the spread of Caronavirus Pandemic, the domestic life insurance industry led by the state owned Life Insurance Corporation(LIC) has degrown by 33 per cent year on year(Y-O-Y) to Rs 6727 crore in its new premium...
by AIP Online Bureau | May 11, 2020 | Indian News, Life, Regulation, Reinsurance
Hyderabad: On a review of the recent situation of lockdown resulting from global pandemic of Covid19 across the country and representations received, IRDAI has decided that, for all life insurance policies where the premium falls due in the month of March 2020,...
by AIP Online Bureau | May 10, 2020 | Indian News, Non-Life
Mumbai: With an underwriting profit of Rs 61 crore and a combined ratio of 98 per cent,SBI General Insurance,that may hit the capital markets soon,has posted a net profit of Rs 412 crore,up 23 per cent year on year,in 2019-20. The general...
by AIP Online Bureau | May 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Prime Minister Narendra Modi will hold a meeting, through video conference, with state Chief Ministers on Monday at 3 pm to discuss the prevailing COVID-19 situation in the country.This will be PM Modi's fifth meeting via video-conference amid...
